Mortgage subservicer Cenlar FSB has hired Michelle DeHart as vice president of loan operations, escrow. She will lead all escrow functions, including tax, insurance, flood insurance and escrow analysis.
DeHart, who has 25 years of experience in the mortgage banking and financial services industry, will be responsible for the escrow team’s financials, staffing, controls and compliance. She will also lead initiatives that will provide operational efficiencies and enhance risk mitigation while delivering and executing on Cenlar’s business plan objectives.
“With Michelle’s breadth and depth of knowledge in the mortgage servicing industry, she is a valuable asset to our team,” says Senior Vice President of Loan Operations Bill Moffett. “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.”
Prior to joining Cenlar, DeHart was senior director of escrow at Home Point Financial. Upon the acquisition of the subservicing portfolio by ServiceMac, she joined the company as a vice president overseeing property insurance and mortgage insurance. Additionally, DeHart has had a diverse career in the mortgage industry in which she spent many years in the default space, with a specialty in REO, foreclosure, claims and bankruptcy. She also has experience in vendor management, client relations, enterprise risk management and project management, having served in various roles for financial institutions including Bank of America, JP Morgan Chase and Morgan Stanley.