December 7, 2004 - Mayor Bill Haslam joined with
Clayton Homes CEO Kevin Clayton and Richard Ray, chief financial officer
for 21st Mortgage Co., on Tuesday to announce the addition of more than
200 jobs to the Knoxville area.
The companies' expansion is the result of the acquisition of Chase
Home Finance's $4 billion manufactured housing loan portfolio by Vanderbilt
Mortgage and Finance Inc., a Clayton Homes subsidiary.
The portfolio will be serviced by 21st Mortgage, which will add between
125 to 150 jobs at its downtown Knoxville headquarters, and Vanderbilt,
which will add 75 jobs at Clayton Homes' home office in Blount County.
The companies are now seeking college-educated individuals for those
positions, which include both entry level and experienced staff.
"This is an important development for downtown Knoxville and
the region as a whole," said Mayor Haslam. "The addition
of significant new jobs at 21st Mortgage contributes to the revitalization
of downtown, and Clayton Homes' growth continues to raise Knoxville's
profile as a great place for a national company to do business."