LoanCare, a ServiceLink company, announced that Adam Saab has assumed the role of EVP and COO, effective June 5. Saab had previously held the position of SVP at PNC Mortgage where he was responsible for core servicing for all mortgage and consumer products for the bank, as well as for the home lending integration as PNC combined the mortgage and home equity products onto the Black Knight MSP platform.
“The background Adam has developed at regulated banks and his deep experience managing large-scale servicing operations for both primary mortgages and home equity credit give LoanCare a valuable advantage as we expand to serve more customers,” said Dave Worrall, President of LoanCare.
In this executive leadership position, Saab is responsible for leading LoanCare’s effective and cohesive operations management team in managing business plan objectives, maximizing client business opportunities and meeting customer service goals and standards.
Prior to joining PNC Mortgage, Saab spent 14 years at CitiFinancial Mortgage Company, where he held various positions in default servicing. At the time of his departure, he was SVP of the foreclosure and post default processes, overseeing 2,100 associates in both domestic and offshore sites.
Saab has held key management roles in regulatory compliance issues such as, the consent order, National Mortgage Settlement, and implementation of the Consumer Financial Protection Bureau regulations.
“Adam is going to take LoanCare to the next level,” Worrall said.