Headquartered in Philadelphia Center Loan Services It has promoted Sara Parrish to chief operating officer and plans to attract independent mortgage banks (IMBs) through variable cost services. Parrish will remain as president campus gate, Incenter subsidiary specializing in student loans.
“A big part of my job is preparing myself for scale,” Parrish said in an interview. house line. “We’re gearing up for more exciting projects and we expect to see a lot of growth, particularly in the third and fourth quarters of this year and then into next year.”
Incenter’s practice focuses on capital markets, loan investigations, student loans, insurance, property tax, accounting and marketing. Parrish’s promotion complements the firm’s plans announced last fall to serve a broader set of national and regional banks, credit unions, servicers, investors and asset managers in new ways.
Parrish said some of Incenter’s clients, such as IMB, are facing pressure from the market downturn. “These customers are in a tough spot right now,” Parrish said. “Some of the solutions we are bringing to market are among our highest priorities and will offer variable cost options.”
In December, HousingWire reported that one of the group’s companies, Incenter Mortgage Consultants (IMA), which has helped organize more than $2 trillion in mortgage servicing rights (MSRs), has been renamed Incenter Capital Advisors and changed its leadership to reflect broader capital markets services.
Founder Tom Piercy takes over as chief growth officer. JB Long joined parent company Incenter Lender Services in July 2023 as chief revenue officer and became president. In May 2023, the subsidiary launched a new digital MSR exchange, called eMSR Exchange, which connects buyers and sellers of joint issuance process products online and provides 24/7 pricing.
Parrish joined Incenter Group in 2016 through its business CampusDoor, a third-party student and professional loan origination platform. She has been responsible for the growth of the company, which has processed more than $36 billion in private student loan applications. CampusDoor provides lenders with a student loan box solution that represents a new revenue stream.
Prior to that, Parrish held various operating and portfolio management roles at the company. Pennsylvania Higher Education Assistance Agency.