Irwin Mortgage Corporation Announces Duncan Y. Chiu as Head of Loan Administration
November 04 2003 - 10:24AM
PR Newswire (US)
Irwin Mortgage Corporation Announces Duncan Y. Chiu as Head of Loan
Administration INDIANAPOLIS, Nov. 4 /PRNewswire-FirstCall/ -- Irwin
Mortgage Corporation today announced the addition of a senior
executive charged with managing the company's loan administration
departments. Duncan Y. Chiu has joined the company as senior vice
president for Loan Administration and will report directly to
Robert H. Griffith, president and CEO of Irwin Mortgage. He
succeeds William Meyer, who is retiring from Irwin Mortgage after
21 years with the company. Mr. Chiu, 50, joins Irwin Mortgage from
Dallas-based Arcadia Financial Ltd./TranSouth Financial
Corporation, the auto finance division of CitiFinancial, where he
was the senior vice president of the Loan Servicing Division.
Before that, he was the executive vice president for Loan
Administration at Cal Fed Bank (when it was acquired by CitiGroup),
overseeing its loan servicing portfolio. Mr. Chiu has held several
other loan servicing management positions with financial services
companies including Beal Bank, Republic Realty Services and Ryan
Mortgage Co. He began his career in public accounting with Peat,
Marwick and Company (now known as KPMG) in Omaha and Dallas. "I am
excited to have Duncan on our senior management team and look
forward to leveraging his talents and experience in loan servicing
management," said Mr. Griffith. "He has experienced the mortgage
industry from a variety of angles, going back to his early days
when he earned his real estate broker license in Texas. His
accounting background meshes well with an aspect of our business
that is very focused on metrics and operational performance. The
whole package of knowledge and experience that Duncan presents will
be valuable assets to Irwin Mortgage." "I'm pleased to be joining
Irwin Mortgage, a company with a fine history and an enviable
reputation," Mr. Chiu said. "After honing my skills in Texas and
the south central states, it's an interesting new challenge to step
up to the national level with Irwin Mortgage." Mr. Chiu received
his bachelor's degree in business administration from the
University of Nebraska at Lincoln. In addition, he earned
designations as a certified public accountant in Nebraska and as a
certified property manager from the Institute of Real Estate
Management. Irwin Mortgage Corporation helps turn home dreamers
into homeowners with products offered through selected retail,
wholesale, correspondent and Internet channels. It provides
expertise and specialized services to customers who want to finance
or refinance homes. The Indianapolis-based lender, with roots
dating back to 1944, has branch offices throughout America. In 2002
alone, Irwin Mortgage helped more than 82,000 families achieve the
dream of homeownership. Irwin Mortgage is a subsidiary of Irwin
Financial Corporation (NYSE:IFC). For more information, visit our
website, irwinmortgage.com . DATASOURCE: Irwin Financial
Corporation CONTACT: Jennifer Gasiorek of Irwin Mortgage
Corporation, +1-800-388-1537 Ext. 3178 Web site:
http://www.irwinfinancial.com/
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