Client Bulletin: March 30, 2026
Thank You for Attending Our Virtual Meeting with Cenlar and Pennymac Leadership
Thanks to all of you who were able to attend our update call with Cenlar President and CEO David Schneider and Pennymac Chairman and CEO David Spector Monday, March 23. We appreciate the opportunity to share with you details about our partnership and how we plan to put clients and homeowners first as we move forward.
Fannie Mae Veteran Marianne Sullivan Reflects on the Defining Moments of Her Career
In the second installment of Voices of Women in Mortgage, COO Leslie Peeler and Chief Operational Risk Officer Sara Avery sit down with Marianne Sullivan – a longtime Fannie Mae leader and trailblazer in mortgage fintech.
Marianne shares the most pivotal and demanding chapters of her career, including her tenure as Chief Risk Officer for Fannie Mae’s Single-Family business during the Great Recession. She also reflects on the importance of advocating for women, ensuring their ideas are heard and creating space for diverse voices in the industry.
Today, Marianne continues to shape the future of housing finance through her service on several boards, including Ardley Technologies, Inc. and PennyMac Mortgage Investment Trust.
A Sense of Optimism Fills the Air at the 42nd Annual Regional Conference of MBAs
Last week, Senior Vice President of Business Development Matt Detwiler, Vice President of Business Development Len Patton, and Vice President of Executive Client Management, Tom Hutchison attended the 42nd Annual Regional Conference of MBAs in Atlantic City, NJ, held at the Ocean Casino Resort.
The conference covered a wide range of industry topics, including the state of the economy and its influence on business performance, the escalating conflict in the Middle East and its effect on mortgage rates and expectations for the Federal Reserve as Governor Kevin Warsh prepares to assume the role of Chair in May.
There was also a noticeable sense of cautious optimism among the crowd. Many participants expressed hope that the summer months will bring increased loan production, supported by the potential for lower interest rates by end of 2026.
In the evening, Cenlar co-sponsored a cocktail reception with Mortgage Capital Trading (MCT), National Mortgage Insurance Corp. and Cohen & Co at Lascala’s Fire.
Introducing Home Matters
As a trusted partner, Cenlar wants to make mortgage subservicing easy—for our clients and their homeowners.
We know that the mortgage journey doesn’t end at the closing table. Ongoing homeowner education is part of our commitment as an industry leader.
By helping people understand their loans, we help them feel confident—today and over the long term.
In honor of National Financial Literacy Month, we’re proud to launch our Home Matters series on Cenlar.com, Instagram and YouTube. In each piece of content, we’re breaking down what mortgage servicing actually is—the “customer care” side of the home loan.
We’ll cover topics like PMI, escrow, 1098s and more. It’s homeownership, explained in clear language.
Follow us on Instagram and YouTube to learn more.
Reminder: Inspection Cost Increase
USDA has increased their property preservation inspection fee to $30. Effective end of Q1 inspection fees for USDA and FHA inspection fees will be $30, but VA will remain at $25.
If you have questions about your invoice, please contact your client management team.
New Reporting Items on CenAccess
We have posted the below reporting items to CenAccess. This reporting covers the period of January 1, 2025 to December 31, 2025. You can find the below reports on CenAccess, under Reference Materials -> Oversight Documents:
1. Audited Financial Statements of Cenlar FSB and Subsidiaries;
2. Report of Compliance of Major HUD Programs;
3. Report on ICFR and Compliance; and
4. Schedule of Findings
If you have any questions, please reach out to your client manager