January 29, 2010 Ewing, NJ – Gregory S. Tornquist, President and Chief Executive Officer of Cenlar FSB, announced the addition and appointment of Michael W. Conway, as Senior Vice President to the Cenlar Team.
“Mike comes to Cenlar with over 25 years of mortgage banking experience and we look forward to having his contribution to our continued growth,” said Tornquist.
Mike’s main focus as Senior Vice President will be on balance sheet management and strategic planning. He will report to Greg Tornquist, President and Chief Executive Officer.
Prior to joining Cenlar, Mike has held various positions including Director of Secondary Marketing and Underwriting in the mortgage banking sector, He most recently was Senior Vice President at InterBay Funding, LLC where he was responsible for risk management associated with the originations of small balance commercial mortgages including underwriting, quality control, and counter party risk. He has also been involved in secondary marketing for numerous mortgage banking entities.
A graduate of Rutgers University, with a bachelor’s degree in accounting, Mr. Conway also earned his Masters (MBA) through Rider University.
Greg Tornquist noted that Mike is uniquely qualified to assume the responsibilities of his new position. “His knowledge and experience of the secondary market will benefit and keep Cenlar ahead of the curve.”
Cenlar FSB, headquartered in Ewing, New Jersey, is ranked the number one top residential mortgage subservicer nationwide. Cenlar specializes in customized private label subservicing to its client base, which includes banks, thrifts, credit unions, and mortgage bankers. For more information on Cenlar, visit www.cenlar.com.