OVERVIEW We affirmed our STRONG ranking on Cenlar FSB, a wholly owned subsidiary of Cenlar Capital Corp., as a residential mortgage loan servicer. The affirmation reflects Cenlar’s well seasoned management team, solid infrastructure, and sound controls in its servicing operations. Cenlar also exhibits solid risk management and thorough policies and...

Subservicing giant integrates with software leader to move data smoothly and efficiently   July 29, 2010, Southfield, MI — Mortgage Builder Software, an industry leader in innovative loan origination software (LOS) technology, announces its strategic alliance with Cenlar FSB, the nation’s largest subservicer of mortgage loans. Mortgage Builder has integrated...

April 20, 2010 – MBA Staff (continuing its series of interviews with key players in the real estate finance industry, MBA NewsLink sat down with Mortgage Bankers Association Vice Chairman Michael Young. He is chairman of the board at Cenlar FSB, Ewing, N.J., and became MBA vice chairman October 2009....

April, 2010 – While the recession may be about over, loan modifications persist, and will for some time. It’s a highly complex task with even higher stakes. When handled correctly members keep their homes, your credit union keeps its members. A great deal of the loan modification burden falls to...

February 1, 2010, Ewing, NJ – Gregory S. Tornquist, President and Chief Executive Officer at Cenlar FSB, announced that Albert (Al) Scarinci has joined Cenlar FSB’s MIS Technical Services Department as Second Vice President, Senior Network Engineer. Al is responsible for the design, implementation, and maintenance of Cenlar’s network infrastructure....

February 2010 – Bad news, occasionally, has a way of turning into a profit opportunity for someone. By now, readers probably are fully aware that the price being offered on “servicing released premiums” is in the tank and has been since the credit markets disintegrated in the fall of 2008...

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...

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...

January 1, 2010, Ewing, NJ – Gregory S. Tornquist, President and Chief Executive Officer of Cenlar FSB, the number one subservicer nationwide, announced the appointment of Steve Kravitz to Vice President of Default Administration. His responsibilities include supervision of all Cenlar’s Default Administration activity. “Because of the extent of our...