One-On-One: BaseCap Analytics CEO Talks About Overcoming Data Challenges

The leader of an analytics business that provides technology for companies in the mortgage space says they are on a mission to set a new standard for data integrity and trusted automation. According to Steve Smith, CEO and co-founder of BaseCap Analytics, there is a need industry-wide for clean, accurate records. By leveraging validation technology, companies can streamline internal processes and let their employees focus on activities that enhance productivity. BaseCap Analytics can also help companies with regulatory reporting and compliance. The company recently announced a pilot with Cenlar FSB, the nation’s leading residential mortgage subservicer. “We are pleased to pilot BaseCap’s solutions in an effort to strengthen our ability to comply with an increasingly complex web of mortgage servicing…

Cenlar Promotes Four VPs, One Director

Cenlar FSB has promoted four of its leaders to Vice President and one to Director, the subservicer announced in a press release. Jonathan Lobb has been named Director of Investor Relations, a position that partners with the company’s Investor Relations Officer to manage Cenlar’s agency investors and ratings agencies. He is an attorney who represented mortgage lenders and servicers in foreclosure before joining Cenlar in 2020. Shanth Anathuni has been named VP of Digital Transformation from his current role of Director of Information Technology. He joined Cenlar in 2016 and was promoted through the ranks from his starting point as a Solutions Architect. Ananthuni will lead automation efforts and digital program strategy. He brings more than two decades of tech…

Cenlar Announces More Promotions, Hires

Mortgage subservicer Cenlar FSB announced a host of appointments and promotions. S. Courtney Collier-Beyer has been named Director of HR Compliance and Employee Relations. She brings 15 years of experience to the position, having previously served as Vice President of Employee Relations at State Street Bank. Her other experience includes Director of Employee Relations at DeVry Medical International, Senior Employment Practices Partner at AstraZeneca Pharmaceuticals and Senior Manager of Employee Relations at Covance Inc. Ajanta Jain is the company’s new Director of Information Security, Cyber GRC, and will execute security efforts related to regulatory examinations, audits, compliance, SOC1/SOC2 engagements, and enterprise risk management activities. Her past experience at Sallie Mae, Vanguard, and Wells Fargo makes her a top-tier audit, risk,…

Tom Donatacci Joins Cenlar

Industry veteran Thomas “Tom” Donatacci is joining Cenlar FSB as SVP and Investor Relations Officer, the company announced in a press release. “I am excited to be joining Cenlar, the leading subservicer in our industry, at this point in the evolution of the company and my own career,” Donatacci said. In his new position, Donatacci will strengthen relationships with Cenlar’s stakeholders, as well as grow relationships with clients and prospects. Donatacci brings decades of leadership experience to the position, including extensive work in servicing and subservicing, due diligence, and M&A. Prior to Cenlar he served as EVP of Business Development for The Money Source Inc. His other experience includes Chief of Staff at Impac Holdings, EVP of Special Servicing at…

Rene Gonzales Named Cenlar CTO

Rene Gonzales has been promoted to Chief Technology Officer at Cenlar FSB, the company announced in a press release. Cenlar FSB is headquartered in New Jersey and services loans nationally. It is an employee-owned company with about 3,000 workers. “I look forward to being the CTO and continuing our efforts to deploy innovative technology that demonstrates value to the company and our clients and their homeowners,” Gonzales said. Gonzales brings a strong background in IT to the position. His previous experience includes leadership roles at PHH Mortgage, Altisource, Ocwen Financial, and Ally Financial. He joined Cenlar FSB in 2018. As CTO, Gonzales will provide strategic tech leadership to Cenlar’s business units, partnering with leaders to leverage technology to generate value.…

Dave Applegate To Replace Greg Tornquist As Cenlar Board Chairman

Loan subservicer and wholesale bank Cenlar FSB has appointed Dave Applegate as Chairman of the Board of Directors, the company announced in a press release. He is replacing former Chairman of the Board, President, and CEO Greg Tornquist, who is retiring. At the same time, EVP and COO Robert Lux has been named co-CEO with Dr. James Daras, who will also serve as president. Applegate has been a board member since 2020 and brings three decades of experience in real estate, mortgage banking, and housing finance to the role of Chairman. His past experience includes CEO of Common Securitization Solutions, LLC, a joint venture of Fannie Mae and Freddie Mac; Homeward Residential, Radian Mortgage Insurance, and GMAC Mortgage and Bank.…