Cenlar, the Ewing-based mortgage loan subservicer and commercial bank, recently announced the appointment of Mike Merwin as its new senior vice president of investment management. The move is part of the company’s strategy to leverage its banking capabilities to provide new, value-added services to clients.
Merwin will be a key player in the new offerings being spearheaded by J.B. Long, Cenlar’s chief banking and capital markets officer. These include a loan acquisition conduit and a warehouse financing platform. A primary focus for Merwin will be supporting the home equity loan purchase program, which is designed to help clients overcome capital restraints and maintain a steady pipeline for loan closings. The company also anticipates launching its warehouse financing effort in 2026.
With extensive experience in capital markets, loan pricing and portfolio management, Merwin will oversee the bank’s loan acquisition conduit and portfolio optimization strategies. He will collaborate closely with Keith Dyer, vice president of mortgage acquisition and relationship management, on the company’s home equity line of credit, or HELOC, products.
Merwin’s professional background includes senior-level positions at prominent financial institutions such as Onity Group, Key Bank, Merrill Lynch and Fannie Mae. According to Long, Merwin’s expertise will be a valuable asset in helping clients generate revenue through these new programs.
