Industry veteran will be responsible for strengthening the company's relationships with its stakeholders.
Cenlar FSB, a Ewing, N.J.-based mortgage loan subservicer, said Thursday that Thomas Donatacci has joined the company as senior vice president, investor relations officer.
Tom Donatacci
Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A, Cenlar said. He will be responsible for strengthening the company's relationships with its stakeholders — primarily agency investors, shareholders, clients, and rating agencies.
He will also support the growth of relationships with clients and prospects by sharing the details of Cenlar’s mortgage servicing transformation and strategic plan for the benefit of clients and their homeowners, it said.
“Tom brings invaluable industry insights to Cenlar, in addition to a solid track record of delivering results," said CEO & President Jim Daras. "Having such deep knowledge of the industry and building relationships, I am confident that Tom will further strengthen our market presence, as well as inform all stakeholders of our strategic vision and improvements to the company as we’re striving every day to be the very best partner to our clients and their homeowners."
Before joining Cenlar, Donatacci served as executive vice president of business development for The Money Source Inc. He was also chief of staff at Impac Holdings Inc.; EVP of special servicing at Selene Finance; and EVP of Clayton Holdings LLC.
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“I am excited to be joining Cenlar, the leading subservicer in our industry, at this point in the evolution of the company and my own career,” Donatacci said.
He holds a master's of business administration from Seton Hall University and a bachelor of arts from Rutgers University.
Cenlar FSB services loans in all 50 states and U.S. territories, working with a client base that includes banks, credit unions, and mortgage bankers.
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