Cenlar selects David Schneider as president

Cenlar FSB, the second-largest home mortgage servicer and biggest subservicer in the United States, promoted David Schneider to president of the business on Monday.

Prior to his promo at the maintenance giant, Schneider functioned as primary monetary officer of Cenlar for 4 months. John Mezzasalma, Cenlar’s previous senior vice president of financing, changes Schneider as the business’s brand-new acting chief monetary officer while James Daras stays the CEO.

As Daras praised Schneider and Mezzasalma on their brand-new functions, he included that these modifications were “another recommendation of the significance of raising competence and strength from within the company.”

In his brand-new position, Schneider will manage “Cenlar’s banking, monetary, customer management, core operations, default operations, debtor operations, move operations and task management companies,” according to a news release.

Prior to signing up with Cenlar in July 2023, Schneider held other executive management positions at home mortgage business such as Ditech, Vericrest, Washington Mutual Home Loans, CitiMortgage and Blackstone-backed Stearns Financing

Mezzasalma signed up with Cenlar in 2015 as vice president and primary accounting officer. He then was promoted to senior vice president in February 2020. Prior to Cenlar, Mezzasalma invested almost ten years at KPMG

Last June, the business promoted 2 leaders in its wholesale bank department: Keith Austin and Tristan Watson.

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