People in the News July 7, 2023

David Schneider, Thomas Donatacci Join Cenlar

Cenlar FSB, Ewing, N.J., announced the addition of David Schneider as Executive Vice President and Chief Financial Officer.

Additionally, the company announced Thomas Donatacci as Senior Vice President and Investor Relations Officer.

Schneider will be responsible for all financial planning, treasury activities, taxes, insurance, real estate and property management and vendor relationships. He will also direct the financial reporting required of auditors, regulators and rating agencies and will work closely with the Enterprise Project Management Office, among other roles.

Schneider brings 35 years of experience, and most recently served in executive leadership positions for three mortgage companies.

Donatacci will be responsible for strengthening relationships with Cenlar’s stakeholders–primarily agency investors, shareholders, clients and rating agencies. He will also support client relationships as well as prospects.

Prior to joining Cenlar, Donatacci was Executive Vice President of Business Development for The Money Source Inc.

Paul Loftus Becomes Loan Vision CEO

Loan Vision, Greensburg, Pa., announced Paul Loftus as its new CEO.

Loftus has spent many years in technology and serving the accounting profession. He spent 16 years at ADP, along with roles at Wolters Kluwer and other firms.

Loan Vision launched at the MBA Technology Solutions Conference and Expo in 2013 and provides services for accounting departments in the mortgage industry.

Patricia McCarthy to Be VP of Insurance Administration at Dovenmuehle

Dovenmuehle Mortgage, Lake Zurich, Ill., a leading mortgage subservicing company, has hired Patricia McCarthy to be Vice President of Insurance Administration.

She will oversee Dovenmuehle’s insurance department with responsibility for hazard and flood insurance administration, loss drafts, research and the insurance department call center.

McCarthy has had a long career in many different aspects of the mortgage process. Most recently she was vice president of mortgage warehouse lending at Hinsdale Bank for more than 10 years.