Cenlar Strengthens Board of Directors with Two Highly Regarded Mortgage Industry Leaders

Business Wire

12-05-2025

EWING, N.J.--(BUSINESS WIRE)--Cenlar, a leading mortgage loan subservicer, announced today that Uday Devalla and Victoria (Vicki) Kiehl – both widely respected leaders in the mortgage industry – have been appointed members of the Board of Directors.
'We are pleased to welcome Uday and Vicki,' said David Applegate, Chairman of the Board of Directors. 'Uday brings deep-rooted knowledge in leveraging innovative technologies while Vicki has an extensive background in legal, capital markets and home equity lines of credit. They add tremendous value to the company.'
These new board additions augment other significant talent investments Cenlar has made over the last two years.
Uday Devalla
Uday Devalla has been a mortgage innovation insider through every major advance in the modern era, from building the mortgage origination industry's first automated underwriting system at Countrywide to modernizing one of the largest nonbank tech platforms during the 2013 – 2019 digital mortgage era that powered Blackstone-owned Stearns as well as top fintech SoFi's mortgage lending. Most recently, Mr. Devalla was the Chief Technology Officer of mortgage servicing software leader Sagent, where he was leading the last mile of mortgage modernization by rewiring the servicing industry with the same consumer-first, bank-on-your-phone experience that people get in every other aspect of their lives.
Victoria (Vicki) Kiehl
Vicki Kiehl was appointed to the Cenlar Board of Directors in January 2025. She built a successful career at Citigroup Inc., with specific emphasis on the mortgage industry. Prior to retiring, she was general counsel of Citi's U.S. Consumer division including mortgage, retail banking and credit cards. She previously served in general counsel roles for Citi's retail banking and mortgage divisions, the latter during the financial crisis in 2008 and the organization's Consent Orders and settlements. Ms. Kiehl was also responsible for legal support for Citi's mortgage capital markets function, including several large company and portfolio acquisitions, and helped establish its mortgage divisions home equity products.
About Cenlar
Cenlar is a commercial bank and a leading subservicer, servicing loans in 50 states and its U.S. territories. Cenlar clients include banks, credit unions and mortgage bankers. Our employees, strategically located throughout the United States, are dedicated to customer satisfaction and teamwork that drives client solutions unparalleled in quality, flexibility and innovation. Headquartered in Ewing, NJ, Cenlar is industry rated and audited regularly by independent third parties.