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Primary Residential Mortgage Inc. (PRMI) has named Burton Embry the company's new chief compliance officer. In his new capacity, Embry will continue to oversee and manage the company's Enterprise Risk Management Group and represent PRMI's interests with industry and trade groups as well as provide significant consultative direction in the company's day-to-day and long range business activities.
"I am pleased to announce Burton Embry as Chief Compliance Officer," said Dave Zitting, president and chief executive officer of PRMI. "His dedication, in-depth knowledge and expertise will elevate our operations and provide invaluable industry insight to PRMI as a whole. His reputation and visibility in the industry have been invaluable to PRMI."
Embry brings with him more than 30 years of experience in the mortgage industry with more the 25 of those years focusing on mortgage compliance and quality assurance matters. He has become a nationally-recognized compliance leader having been a successful regulatory compliance executive with top leading mortgage companies and as an active member of several associations and committees. Embry is currently the chair of the Mortgage Bankers Association (MBA) Regulatory Compliance subcommittee. Embry often speaks at meetings and conferences about industry issues related to loan officer compensation, mortgage loan originator licensing and state and CFPB examination practices and developments as well as other general compliance matters.
"I am honored to be named the chief compliance officer of PRMI," said Embry. "As I step into this new role I am excited for the challenges and opportunities it brings and look forward to continuing my relationship with PRMI and its mission."