Celink, a Lansing, MI based reverse mortgage subservicer, announced that Shannon Ozanich has joined its reverse mortgage management team as Manager of its tax and insurance default unit.

Ozanich has over eight years of experience in the company’s default management department for its forward mortgage clients, and has served as the Manager of Default Operations and a member of Celink’s Executive Management Team for the past two years.

Additionally, she brings a strong background in workout strategies, loss mitigation, and bankruptcy management to the reverse mortgage servicing department.

“Over the past 6 months, Celink has doubled the size of its Tax and Insurance default unit from four employees to nine”, said John LaRose, CEO, “and we are thrilled to have someone of Shannon’s talent level serve in a leadership role for this team”.

Celink is a Ginnie Mae approved subservicer with an active reverse mortgage servicing portfolio exceeding $6 billion of loans.