The Collingwood Group Taps Industry Veteran as Managing Director

""The Collingwood Group"":http://www.collingwoodllc.com recently announced that Tom Cronin has joined the firm as a managing director.

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In his new role, Cronin will lead the Collingwood Group's secondary market initiatives. He will support the firm'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.

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Prior to joining Clayton, Cronin was a managing member of Interactive Mortgage Advisors, LLC, a company he helped launch in 2001. Cronin also served as vice chairman at Matrix Bancorp.

For over 20 years, Cronin has held leadership posts with the Mortgage Bankers Association (MBA). He also served on the trade group's board of directors and residential board of governors. Most recently he was named fellow of the Society of Certified Mortgage Bankers. From 1999 to 2001, he served as VP 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, the firm's vice chairman, added, ""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.""