Cenlar FSB announces string of promotions in wholesale division

Leadership moves to help the company improve its servicing solutions

Cenlar FSB announces string of promotions in wholesale division

Cenlar FSB has announced two key leadership promotions in its wholesale bank division.

The mortgage loan subservicer has appointed Keith Austin as director of asset management and valuation services and Tristan Watson as director of subservicing pricing. Cenlar said in its press release that the promotions will enable it to offer “the most innovative, high quality, and flexible servicing solutions to the market.”

Austin has been with the company since 2005. He previously served as senior asset manager and manager of the valuation team. In his new role, Austin will oversee and mitigate default costs for the wholesale bank’s loans and MSR portfolio, in addition to managing the valuation team.

Meanwhile, Watson will be responsible for all revenue pricing generated by the subservicing business. He joined Cenlar in 2016 and most recently served as a senior pricing analyst.

“I am proud to promote these two outstanding leaders who deliver the very best service to our clients and their homeowners,” said Michael Conway, senior vice president of the wholesale bank. “On behalf of the entire Cenlar team, I would like to congratulate them on their promotions and look forward to their continued success and contributions to the company.”

The leadership move comes on the heels of the appointment of Michael Biddle to the newly created role of chief data scientist. Biddle will spearhead Cenlar’s new mortgage information factory, which collects and assesses data to develop analytical solutions for its clients.

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