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Primary Residential Mortgage, Inc.'s Burton Embry is named Chief Compliance Officer

SALT LAKE CITY, July 21, 2015 (GLOBE NEWSWIRE) -- Primary Residential Mortgage, Inc. (PRMI), one of the nation's top residential mortgage lenders, 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 CEO 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 over 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 Regulatory Compliance subcommittee and is a member of the Advisory Board of Regulatory Compliance Magazine as well as a member of the magazine's "Ask the Experts" panel. 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."

For more information on PRMI, please visit primaryresidentialmortgage.com

ABOUT PRMI

Headquartered in Salt Lake City, Utah, Primary Residential Mortgage, Inc. (PRMI) was founded in 1998 by Dave Zitting, Jeff Zitting, and Steve Chapman. Since its inception, PRMI has evolved into a nationwide, multi-billion dollar operation with 2,000+ employees working in more than 250 branches. The company is licensed in 49 states. Serving all segments of the market, PRMI is a privately held, debt-free company that focuses primarily on traditional residential loan products.

CONTACT: Kandice Davis 800-255-2792 kadavis@primeres.com

Source:Primary Residential Mortgage, Inc.