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...