Gregory S. Tornquist has been named president and chief operating officer of Cenlar FSB, a Ewing, N.J.-based savings bank specializing in subservicing mortgage loans and home equity lines of credit.Cenlar also announced the appointment of Stephen W. Gozdan as the bank's chief financial officer and of Jeanne M. Bader as its director of loan administration. Mr. Tornquist joined Cenlar in 1987, and he was named CFO in 1998 and executive vice president in 2004. He was elected to the Cenlar Capital Corp. board of directors in 1999 and to the Cenlar FSB board in 2005, Cenlar said. Mr. Gozdan joined Cenlar in 1997 as senior vice president and COO, and he has been responsible for the company's servicing operations, corporate services, and technology departments, among other things. Ms. Bader joined the company last year with 30 years of servicing experience, and has been responsible for its loan servicing operation. The bank can be found online at http://www.cenlar.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




