21 August 2018
IMMEDIATE
Contact: ED WALLACE, PhD, EXECUTIVE DIRECTOR, 770-330-5176
ROB ZIMMER, DIRECTOR EXTERNAL AFFAIRS, 202-494-4551
INDUSTRY VETERAN MATTHEW CLARKE ELECTED TO THE COMMUNITY MORTGAGE LENDERS OF AMERICA BOARD
THE Community Mortgage Lenders of America’s (THE CMLA) Executive Director, Ed Wallace, PhD, announced today that THE CMLA Board elected Matthew Clarke to its Board of Directors.
“Matt is a seasoned veteran of the financial industry with expertise in financial management, business development, operational management, strategic planning, banking, process development, mergers/acquisitions and risk management. His hands-on mortgage experience over the past two decades fits perfectly with our entire leadership team to ensure the needs of mid-size and smaller lenders are fully understood in Washington and across the country,” said Ed Wallace, Executive Director.
As Chief Operating Officer and Chief Financial Officer for Brentwood, Tenn. based Churchill Mortgage Corporation, Matt has provided strategic guidance throughout the growth of the company. He played an integral role in expanding it from an 8-state footprint to its current level encompassing 46 states, 700% growth in production, and transformation of the ownership to 49% employee owned through an ESOP plan. He is also recipient of the Nashville Business Journal’s CFO Award Winner, which honors Middle Tennessee’s top financial professionals for outstanding performance in their roles as corporate financial stewards.
“THE CMLA brings mid-size and small mortgage lenders together to ensure their success through equal access to the secondary market as well as regulatory reform. We have a tremendous responsibility and mission ahead of us, to prevent additional market concentration toward ever-larger financial firms controlling the mortgage industry and not taking into account the needs of Main Street, which smaller lenders have always done. said Matt. I am looking forward to this opportunity and deepening my involvement in THE CLMA.”
This statement is rendered on behalf of the Board of THE CMLA, a trade association dedicated solely to advocating for mid-size and smaller community-based independent mortgage companies, community banks, and credit unions