ANN ARBOR, Mich., July 6 /PRNewswire/ -- ABN AMRO Mortgage Group, Inc.
(AAMG), one of the nation's largest mortgage lenders, recently announced the
appointment of Fran Clemens, senior vice president, to the newly-created
position of manager of emerging markets. In this new position, Clemens will
work to expand AAMG's primary target markets to include low-to-moderate
lending focused on meeting the unique needs of ethnically diverse and first-
time homebuyers.
"Fran has developed and implemented progressive strategies that have
helped to make AAMG's InterFirst division a dominant force in the wholesale
lending industry," said Mike Maher, group senior vice president. "As manager
of emerging markets, Fran will apply her expertise to emerging markets,
helping AAMG grow its customer base and increase purchase-market business."
As manager of emerging markets, Clemens will work with all AAMG divisions,
including Standard Federal Bank and LaSalle Bank Retail Lending, to develop
strategies to attract first-time homebuyers. Clemens will also devise
strategies to attract potential first-time and low-to-moderate income
customers to AAMG's InterFirst and InterFirstlink, which partners with
community banks to offer mortgage loans to consumers.
Clemens, a 25-year veteran of the mortgage industry, has served in a
variety of sales and management positions in both retail and wholesale
mortgage lending. As senior vice president of InterFirst Wholesale Mortgage
Lending, Clemens opened new sales territories across the country and managed
new sales personnel within those territories.
Clemens is a graduate of the University of Colorado.
About ABN AMRO Mortgage Group, Inc.
ABN AMRO Mortgage Group is one of the largest loan originators and loan
servicers in the United States. ABN AMRO Mortgage Group produces mortgage
loans and provides related services through its various divisions. ABN AMRO
Mortgage Group has approximately 3,000 employees located throughout the United
States.
About ABN AMRO
ABN AMRO is a prominent international bank, its origins going back to
1824. ABN AMRO ranks 11th in Europe and 23rd in the world based on tier 1
capital, with over 3,000 branches in more than 60 countries, a staff of over
110,000 full-time equivalents, and total assets of EUR 560.4 billion (as of
December 31, 2003). ABN AMRO is listed on the Euronext, London and New York
stock exchanges.
SOURCE ABN AMRO Mortgage Group, Inc.
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Related links:
http://www.abnamro.com
CONTACT:
Jenn Cornell of Eiler Communications,
+1-734-761-3399, or Jenn@EilerPR.com , for ABN AMRO Mortgage
Group, Inc.
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