Secure Settlements Inc., an independent evaluation and risk management firm focused on the vetting and ongoing monitoring of mortgage closing professionals, announced today the formation of its Advisory Board, a panel of industry leaders who will work with Secure Settlements to share their expert insights on mortgage finance, risk management, law, real estate and other areas of interest to Secure Settlements’ members and associates. The Advisory Board is composed of the following members:
►Regina Lowrie, president of Vision Mortgage Capital, a Division of Continental Bank;
►Stanley Friedlander, past president of ALTA and past president of the Ohio Land Title Association
►Armando Falcon, former director of the Federal Housing Finance Agency (FHFA)
►Peter Norden, former chairman of TIPAC and past president of New England Land Title Association
►Ron C. Lazof, managing director and member of Prism Advisers LLC
►E. Robert Levy, executive director of the Mortgage Bankers Association of New Jersey and legislative/regulatory counsel of the Mortgage Bankers Association of Pennsylvania
►Wayne Watkinson, partner with Levy & Watkinson PC
►Neil Garfinkel, partner with Abrams Garfinkel Margolis & Bergson LLP
►Chris DeLisle, president of Equity Settlement Services Inc.
►Bart Oates, attorney, licensed Realtor and principal owner of All Pro Title
►Stanley Street, owner and president of Street Resource Group
►Jim O'Donnell, president of Equity National Title Inc.
►Justin Vedderm, area senior vice president of Arthur J. Gallagher & Company
►Rob Volmer, principal of Crosby-Volmer International Communications
►Rob Chrisman, editor and publisher of The Chrisman Report
"I'm excited about the expansive range of expertise that is represented in this esteemed group of industry leaders," said Andrew Liput, chief executive officer of Secure Settlements Inc. "We are confident that this Advisory Board will steer us in the right direction as we work to prevent mortgage closing fraud and further regulate this industry."
Secure Settlements verifies closing entities and individuals in real time and provides a standardized evaluation and reporting platform for mortgage lenders and warehouse banks. In addition to the internal risk management program benefits, the process assists these institutions in substantiating third-party service provider relationships and meeting regulatory guidelines established by the Office of the Comptroller of the Currency (OCC), Fannie Mae and the Consumer Financial Protection Bureau (CFPB).