Matt Kendall on Thursday was named president and CEO of Arvest Bank’s mortgage division and the Arvest Central Mortgage Co., a role he has filled on an interim basis since February.
Kendall has 28 years of industry experience, including stints as president and CEO of Waco Title Co. and as executive director of administrative operations for Arvest’s mortgage division.
The Fayetteville bank said Thursday that the division is on pace to originate more than $3 billion in mortgages for the second consecutive year, and Kendall spoke to Arkansas Business in July about how tight housing inventory and continued low interest rates are fueling the industry.
The Arvest division currently services more than 77,000 loans totaling more than $10 billion. Arvest Central Mortgage Co. services and subservices more than $56 billion in mortgages for more than 270,000 customers.
Kendall earned his bachelor’s degree in economics and business from Hendrix College in Conway. He is also a board member for the Teen Action Support Center and JMC Innovation Scholars and is a past president of the Open Avenues Foundation board of directors.
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