Cenlar FSB Promotes Lisa Hildreth to Second Vice President

January 7, 2010 Ewing, NJ – Gregory S. Tornquist, President and Chief Executive Officer of Cenlar FSB, a federally chartered savings bank specializing in mortgage and HELOC subservicing in all 50 states, announces the promotion of Lisa Hildreth to the position of Second Vice President. Ms. Hildreth is responsible for overseeing Cenlar’s Foreclosure, Bankrupcy, REO and Claims Departments. Lisa reports to Steve Kravitz, Vice President of Default Administration.

Mr. Tornquist noted that “Ms. Hildreth’s promotion reflects her dedication to the mortgage servicing business and commitment to Cenlar”.

Ms. Hildreth has over 20 years of mortgage servicing experience in the mortgage sector. Her specialty is default servicing having held positions ranging from Foreclosure Processor, Default Analyst, to Manager of Default Servicing including Foreclosure, Bankrupcy, and REO.

Cenlar FSB, headquartered in Ewing, New Jersey is ranked the number one residential mortgage subservicer nationwide. Cenlar has serviced a wide variety of loan products nationwide to the mortgage industry since 1958. For more information about Cenlar, visit www.cenlar.com.

Media Contact

Adrienne Kowalski

Corporate Communications
Email: arkowalski@cenlar.com