Latest news with #Cenlar
Yahoo
12-05-2025
- Business
- Yahoo
Cenlar Strengthens Board of Directors with Two Highly Regarded Mortgage Industry Leaders
EWING, N.J., May 12, 2025--(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. For more information, visit us on LinkedIn here: Follow us on Instagram here: View source version on Contacts Adrienne R. Kowalski Vice President of Corporate Communicationsarkowalski@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
Cenlar Strengthens Board of Directors with Two Highly Regarded Mortgage Industry Leaders
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.
Yahoo
27-01-2025
- Business
- Yahoo
Cenlar Promotes Tom Donatacci to Senior Vice President, Chief Client Officer
EWING, N.J., January 27, 2025--(BUSINESS WIRE)--Cenlar FSB, the nation's leading mortgage loan subservicer, announced today the promotion of Tom Donatacci to Senior Vice President, Chief Client Officer, overseeing Business Development and Client Management. A recognized and highly accomplished leader in the mortgage sector, Tom has extensive experience in servicing transactions and subservicing, due diligence and M&A. He joined Cenlar in 2023 and has already made a significant impact on our business; always putting our clients first – a commitment that is reflected in client sentiment and retention rates. "With such deep knowledge of the industry, a keen sense of client priorities and an outstanding ability to grow relationships, I am confident Tom will help further Cenlar's vision and strengthen our market presence as he continues to drive client retention and acquisition strategies," said President and CEO David Schneider. Prior to joining Cenlar, Tom held several senior leadership positions in the mortgage industry including Chief of Staff at Impac Holdings Inc., Executive Vice President of Special Servicing at Selene Finance, Executive Vice President of Clayton Holdings, LLC and SVP of Business Development at GMAC Mortgage. Tom holds a master's degree in business administration from Seton Hall University and a bachelor's from Rutgers University. About Cenlar FSB Cenlar FSB is the nation's 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. For more information, visit us on LinkedIn here: Follow us on Instagram here: View source version on Contacts Adrienne R. Kowalski Corporate Communications Directorarkowalski@ Sign in to access your portfolio
