“Tom brings a wealth of experience in mortgage banking and financial services to The Collingwood Group. His involvement with Collingwood will supplement our already wide range of proficiencies across our financial services clientele.”
Washington, D.C. (PRWEB) September 08, 2011
The Collingwood Group announced today that Tom Cronin has joined the firm as a Managing Director. In his new role, Cronin will lead The Collingwood Group’s secondary market initiatives. Cronin will support The Collingwood Group’s ongoing efforts helping clients navigate the business opportunities that exist in Washington and the housing finance industry.
Cronin has more than 35 years of mortgage industry experience. Most recently, he served as Senior Managing Director of Clayton Holdings, Inc., responsible for the areas of industry, corporate and government relations. At Clayton Holdings, Cronin focused on the performance and oversight of mortgage products and securities focusing on benefiting investors, private issuers, mortgage servicers and all affected government sponsored enterprises and regulators. Prior to joining Clayton, Mr. Cronin was a managing member of Interactive Mortgage Advisors, LLC (IMA), a company he helped launch in 2001. Cronin also served as vice chairman at Matrix Bancorp.
For over twenty years, Cronin has held leadership posts with the Mortgage Bankers Association (MBA), the country’s leading trade organization for the mortgage banking industry on who’s Board of Directors and Residential Board of Governors he has served. Most recently he was named Fellow of the Society of Certified Mortgage Bankers. From 1999 to 2001, he served as vice president and treasurer for the MBA. Cronin is currently a member of MBA’s Audit Committee.
“We are delighted to welcome Tom to The Collingwood Group team,” said Joe Murin, Chairman of The Collingwood Group. “His long and strong experience in the mortgage banking industry is a great addition to our organization’s list of qualifications and the capabilities that we bring to our clients.”
Brian Montgomery, Vice Chairman of The Collingwood Group, agrees. “Tom brings a wealth of experience in mortgage banking and financial services to The Collingwood Group. We are delighted that a recognized leader in this industry has joined our team. His involvement with Collingwood will supplement our already wide range of proficiencies across our financial services clientele.”
About The Collingwood Group
The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based business advisory firm focused on growing clients’ businesses, promoting revenue growth and increasing investment returns. The firm is led by Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Both played major roles in the federal governmentʼs efforts to address the nationʼs financial crisis and restore stability and liquidity to financial markets. The firmʼs expertise spans all aspects of Agency, non-Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio due diligence, acquisition, property management and asset disposition.