Michelle DeHart has been appointed vice president of loan operations for escrow at Cenlar FSB, company leaders announced in a press release.
“I am excited to be part of the Cenlar team,” DeHart said. “My objective is to strengthen Cenlar’s escrow area by leveraging technology and automating wherever possible to enhance operational efficiencies and deliver the best outcomes for Cenlar, our clients, and their homeowners.”
DeHart will be in charge of all escrow functions including tax, insurance, flood insurance, and escrow analysis.
With 25 years of experience in mortgage banking and financial services, she will also lead additional operational efficiencies and risk mitigation initiatives.
“With Michelle’s breadth and depth of knowledge in the mortgage servicing industry, she is a valuable asset to our team. Having managed large-scale servicing operations, we will lean on Michelle’s expertise and are confident that she will deliver the best possible solutions for Cenlar, our clients and their homeowners,” said Senior Vice President of Loan Operations Bill Moffett.
Before joining Cenlar, Michelle was a VP of Escrow Servicing at ServiceMac. She has also served as Senior Director of Escrow at Home Point Financial.
Cenlar has also worked in REO, foreclosure, claims, and bankruptcy in the default space, as well as in vendor management, vendor relations, Enterprise Risk Management and project management. Her leadership positions spanned major lenders like Bank of America, JP Morgan Chase, and Morgan Stanley.
Cenlar FSB is the largest subservicer in the U.S., working in all states and territories. It is an employee-owned company of about 3,000 employees. The company is headquartered in Ewing, NJ.