Cenlar FSB, the second-largest U.S. subservicer, will close its facility in O’Fallon, Missouri, resulting in the termination of 93 employees, according to documents sent to state officials.

The layoffs will affect a range of roles, including 13 loss mitigation advocates, 11 MSP collections professionals and ten customer assistance specialists. Staff across all levels — including trainers, coordinators, managers and directors — are impacted.

“There will be a total closure of Cenlar’s facility” on October 31, wrote Kimberly Matthews, senior vice president of Human Resources, in a notice to the Missouri Department of Higher Education & Workforce Development.

Employees were details ⇒

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