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Kenneth E. Clark is an American mortgage executive and author of ''“The Story Behind the Mortgage and Housing Meltdown: The Legacy of Greed,”'' published in 2010 (ISBN 978-1-4520-5439-1). He is also the host of the housing and mortgage information radio program, (“Rebuilding the Dream” ) on WMAL ((www.WMAL.com )), a Baltimore-based talk radio station owned by Citadel Broadcasting Company. Clark is the founder and chairman of (First Guaranty Mortgage Corporation ), based in McLean, VA, a mortgage lender licensed in 44 states specializing in residential lending. He maintains an active management role in the company, coming out of semi-retirement prior to the mortgage meltdown to lead the firm away from the prevalent lending practices of the time, which he felt were overly risky. Clark is a vocal proponent for financial literacy and the systemic restructuring of the country’s mortgage lending paradigms. He is a particular advocate for a balanced involvement in mortgage lending by the federal government, differing from the largely non-government participation philosophy voiced by many in Congress. He has expressed strong support for reducing the footprint of Government Sponsored Enterprises (GSEs) Freddie Mac and Fannie Mae, but believes some forms of federal support for the industry are necessary to bring about a long-term housing recovery. He is especially supportive of the role of the Federal Housing Administration (FHA) and the Government National Mortgage Association (Ginnie Mae) in providing a means for home ownership for deserving borrowers. Clark is especially critical of the lending establishment’s over-reliance on technology and credit scoring to render decisions. He frequently expresses the opinion in interviews that abdication of human lending judgment to technology was a key enabler of the subprime mortgage crisis. == Early career == Kenneth Clark became interested in real estate investing and finance while in his 20s and attending the University of Maryland. Already an entrepreneur, he started a small chain of health food stores in which he still maintains a partial ownership. In the late 1970s, he opened a mortgage company with his father and later acquired a savings and loan. The company became First Guaranty Mortgage Corporation, a national lender originating over $1 billion in loans annually and licensed in 44 states. Clark focused on the FHA lending niche as he built the company. These programs are aimed at smaller loan amounts and borrowers with modest means, but Clark found they were often the most reliable loans. These early experiences with grass roots borrowers were a strong influence on his business practices and direction throughout his career. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Kenneth Clark (financial writer)」の詳細全文を読む スポンサード リンク
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