Cenlar adds VP of loan operations to oversee escrow functions

Ewing based mortgage loan subservicer Cenlar FSB on Tuesday said it added Michelle DeHart as vice president of loan operations, escrow. DeHart will spearhead 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. DeHart also will 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. 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,” Senior Vice President of Loan Operations Bill Moffett said.

Prior to joining Cenlar, DeHart served at Home Point Financial as senior director of escrow, where she was paramount in building out the company’s escrow area. 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 real estate-owned, foreclosure, claims and bankruptcy. She also has experience in vendor management, client relations, Enterprise Risk Management and project management. DeHart has served in various roles for other large financial institutions, including Bank of America, JPMorgan Chase and Morgan Stanley.