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.
-  
The inspector general's office, responsible for overseeing the regulator, now sits vacant amid Director Bill Pulte's swift changes and numerous fraud probes.
4h ago -  
The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.
4h ago -  
The Consumer Financial Protection Bureau has seen a rapid drop in the effectiveness of its cybersecurity program, according to a new report from the Fed's Office of Inspector General.
5h ago -  
Now that quantitative tightening is ending, the debate on who should be the MBS buyer of last resort, Fannie Mae and Freddie Mac, or the Fed, is taking hold
5h ago -  
In her first public appearance since President Trump moved to fire her from the Federal Reserve Board of Governors, Fed Gov. Lisa Cook reiterated her commitment to bringing inflation under 2% and said that the labor market remains "solid."
6h ago -  
Refinancing pushed mortgage originations higher as rates eased, and home equity lending kept growing, but rising delinquencies signal mounting borrower stress.
6h ago 





