Cenlar FSB, the nation’s leading mortgage suberservicer, announced today that Pete Johnson has joined the company as Vice President of Special Products in Loan Operations. He will provide leadership over Special Products including HELOC and Private Mortgage Insurance (PMI).
Pete, who has more than 35 years of experience in financial services, with 20 of those in mortgage servicing, will be responsible for the Special Products team’s financials, staffing, controls and compliance. Pete will provide vision, direction and support, and drive continual improvement that benefits our clients and their homeowners. As part of the long-term strategy, Pete will look at innovative ways to strengthen Special Products operational efficiencies and risk mitigation – all with an emphasis on creating an environment that places client satisfaction and operational excellence as the highest priority.
“Pete is a valuable addition to Cenlar and we look forward to leveraging his experience across our Special Products team. With his multi-faceted experience in enterprise, credit, and operational risk management, Pete will look at automation to enhance our Special Products processes and deliver seamless service.” said Senior Vice President of Servicing Operations Nancie Falcone.
Prior to joining Cenlar, Pete was Executive Vice President and Chief Operations Officer at First Heritage Mortgage Services. He was also Senior Vice President at Freedom Mortgage where he was responsible for underwriting, processing, closing and funding, document management post-closing and loan audit, and Vice President at PHH Mortgage where he led the credit and operational risk divisions.
“I look forward to working with the team and leading initiatives that will enhance operational excellence, and look to implement new technologies to automate processes that will offer a better experience for our clients and their homeowners,” said Pete.