Tom’s broad experience and vast institutional knowledge of the mortgage industry have proven invaluable
Wasjhington, DC (PRWEB) February 14, 2013
Washington, DC based business advisory firm, The Collingwood Group, today announced that Tom Cronin has been promoted to Partner and Managing Director.
Cronin will continue to support the firm’s business development and business advisory activities. As the newest member of the firm’s senior leadership team, Cronin will also work to expand the firm’s mortgage servicing practice, especially as it relates to issues involving Ginnie Mae servicing and related servicing transfers.
Cronin joined the Collingwood Group as Managing Director in September 2011.
“We are delighted to announce Tom’s promotion,” said Brian Montgomery, Collingwood Group Chairman and Co-Founder. “Tom’s broad experience and vast institutional knowledge of the mortgage industry have proven invaluable to Collingwood’s clients, and with addition of Tom’s strong leadership as a member of Collingwood’s senior leadership team, the firm’s growth will no doubt continue to accelerate,” Montgomery added.
Immediately prior to joining Collingwood, Cronin served as Senior Managing Director of Clayton Holdings, Inc., where he managed mortgage products and securities. Cronin also served as a Managing Director of Interactive Mortgage Advisors, LLC., and Vice Chairman at Matrix Bancorp. In addition, Cronin has held leadership positions with the Mortgage Bankers Association (MBA) and was appointed as a Fellow of the Society of Certified Mortgage Bankers.
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 Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery played a major role in the federal government’s efforts to address the nation’s financial crisis and restore stability and liquidity to financial markets. The firm’s other founders have held leadership positions within other organizations in the financial services industry, including the GSEs. Collingwood’s 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.