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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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
11h ago -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









