Cenlar FSB, the second-largest mortgage servicer and largest subservicer in the USA, promoted David Schneider to president of the corporate on Monday.
Previous to his promotion on the servicing big, Schneider served as chief monetary officer of Cenlar for 4 months. John Mezzasalma, Cenlar’s earlier senior vice chairman of finance, replaces Schneider as the corporate’s new appearing chief monetary officer whereas James Daras stays the CEO.
As Daras congratulated Schneider and Mezzasalma on their new roles, he added that these adjustments have been “one other acknowledgment of the significance of elevating experience and energy from inside the group.”
In his new place, Schneider will oversee “Cenlar’s banking, monetary, shopper administration, core operations, default operations, borrower operations, switch operations and mission administration companies,” in line with a press launch.
Previous to becoming a member of Cenlar in July 2023, Schneider held different government management positions at mortgage corporations reminiscent of Ditech, Vericrest, Washington Mutual House Loans, CitiMortgage and Blackstone-backed Stearns Lending.
Mezzasalma joined Cenlar in 2015 as vice chairman and chief accounting officer. He then was promoted to senior vice chairman in February 2020. Previous to Cenlar, Mezzasalma spent almost 10 years at KPMG.
Final June, the corporate promoted two leaders in its wholesale financial institution division: Keith Austin and Tristan Watson.