Fay Servicing Executive and Leadership Team

June, 2026

Leadership Overview

Fay Servicing has 6 executives leading key functions including strategy, technology, finance, legal, and operations.

Driven by a commitment to excellence, Fay Servicing provides specialty mortgage debt management services, impacting the financial landscape from its headquarters in Springfield, Illinois.

Leadership Roles at Fay Servicing

  • Chief Executive Officer - Edward Fay
  • President - Sabetay Palatchi
  • President - Kimberly Hare
  • Chief Information Officer - Dallas Vit
  • Financial Services Chief of Staff - Alisa Neira
  • Chief Legal Officer - Loren Morris
  • Edward Fay - Chief Executive Officer

    Edward Fay, the Chief Executive Officer at Fay Servicing, directs the overarching strategy and operational execution for the company's specialty mortgage debt management services. Fay drives the organization's vision, ensuring alignment with market demands and regulatory frameworks within the finance industry. This leadership role involves cultivating a culture of integrity and client-focused solutions, essential for navigating the complexities of mortgage debt. Edward Fay's strategic direction guides the company's growth initiatives and its commitment to providing specialized financial services. The Chief Executive Officer's purview encompasses all departments, ensuring cohesive performance and sustained market relevance. Fay's leadership ensures the company effectively manages its operations from its Springfield, Illinois base, reinforcing its position in the financial services sector.

    Sabetay Palatchi - President

    Sabetay Palatchi, the President at Fay Servicing, drives operational excellence and strategic growth initiatives for the company's specialty mortgage debt management services. Palatchi oversees key business functions, ensuring that operational strategies align with the company's overall mission and financial objectives. This leadership position involves managing day-to-day operations and fostering a high-performance culture. Sabetay Palatchi's focus is on optimizing service delivery and enhancing client relationships within the competitive financial services market. The President's role is critical in executing the company's strategic vision and ensuring efficient resource allocation. Palatchi's leadership contributes significantly to Fay Servicing's reputation for specialized debt management solutions.

    Kimberly Hare - President

    Kimberly Hare, the President at Fay Servicing, spearheads strategic partnerships and business development efforts for the company's specialty mortgage debt management services. Hare focuses on expanding market reach and cultivating new opportunities within the financial sector. This role involves forging key alliances and driving revenue growth through innovative service offerings. Kimberly Hare's leadership is essential in identifying and capitalizing on emerging trends in mortgage debt management. The President's strategic vision guides the company's expansion and strengthens its market position. Hare's contributions are vital to enhancing Fay Servicing's service portfolio and client base, ensuring sustained success in the finance industry.

    Dallas Vit - Chief Information Officer

    Dallas Vit, the Chief Information Officer at Fay Servicing, architects and oversees the company's technology infrastructure and digital strategy. Vit is responsible for implementing innovative solutions that enhance the efficiency and security of specialty mortgage debt management services. This involves managing all IT operations, data governance, and cybersecurity protocols to protect sensitive client information. The Chief Information Officer ensures that technology investments directly support the company's mission and operational goals. Dallas Vit's expertise drives the digital transformation initiatives, optimizing workflows and improving client experience through advanced technological platforms. Vit's leadership ensures Fay Servicing maintains a competitive edge by leveraging cutting-edge information systems. The CIO's role is critical in maintaining robust systems that support the company's complex financial operations.
    Dallas Vit

    Alisa Neira - Financial Services Chief of Staff

    Alisa Neira, the Financial Services Chief of Staff at Fay Servicing, facilitates strategic initiatives and operational alignment across the organization. Neira supports the executive team by managing key projects, driving cross-departmental collaboration, and ensuring the efficient execution of company objectives. This role involves streamlining communication and operational processes to enhance productivity within the specialty mortgage debt management sector. Alisa Neira's responsibilities include coordinating strategic planning efforts and monitoring progress against key performance indicators. The Financial Services Chief of Staff acts as a key liaison, ensuring that the company's operational strategies are effectively implemented. Neira's contributions are vital to maintaining the company's focus on delivering specialized financial services and supporting its growth from its Illinois headquarters.
    Loren Morris, the Chief Legal Officer at Fay Servicing, provides expert legal counsel and ensures compliance with all relevant financial regulations. Morris oversees the legal aspects of the company's specialty mortgage debt management services, mitigating risks and safeguarding the organization's interests. This includes managing all legal affairs, contract negotiations, and regulatory adherence within the finance industry. The Chief Legal Officer plays a crucial role in shaping corporate policy and ensuring ethical business practices. Loren Morris's guidance is instrumental in navigating the complex legal landscape, protecting Fay Servicing from potential liabilities. Morris's strategic legal oversight supports the company's commitment to integrity and client trust in all its financial dealings.

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    Frequently Asked Questions Regarding Fay Servicing Top Executives and Leadership Team

    Who leads Fay Servicing?
    Fay Servicing is led by Edward Fay (Chief Executive Officer), along with executives such as Sabetay Palatchi (President) and Kimberly Hare (President).
    Who is part of Fay Servicing’s executive team?
    The executive team of Fay Servicing includes leaders such as Edward Fay (Chief Executive Officer), Sabetay Palatchi (President), Kimberly Hare (President) and other senior executives.
    How many executives does Fay Servicing have?
    Fay Servicing has 6 executives leading key business areas.
    What roles are included in Fay Servicing’s leadership team?
    The leadership team of Fay Servicing includes roles such as Chief Executive Officer, President, President, Chief Information Officer, Financial Services Chief of Staff.