Mortgage servicer Cenlar FSB is opening an O'Fallon, Missouri, location and creating 500 jobs by the end of the year.
Cenlar FSB, a federally chartered savings bank based in New Jersey, subservices mortgages for financial institutions and other owners of loans and servicing rights.
“Cenlar is delighted to be coming to Missouri. A robust experienced talent pool made O’Fallon the perfect location for our expansion,” Gregory Tornquist, chairman of the board, president and CEO of Cenlar FSB, said in a statement.