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Secure Settlements Inc. (SSI) has announced that it had concluded a multi-year exclusive agreement with Poli Mortgage Group Inc., headquartered in Canton, Mass., for the SSI Closing Guard vendor management and risk monitoring product and service.
The SSI and Poli Mortgage relationship will encompass comprehensive risk evaluation, reporting and ongoing monitoring for all closing agents handling Poli Mortgage residential mortgage loans nationwide. The program is being rolled out across the 15 states where Poli Mortgage operates licensed lending offices beginning this month following several months of discussions, negotiations, vendor management approvals, and on-boarding. The contract is the latest in a series of written service agreements reached by SSI with mortgage lenders, credit unions, national and community banks around the country.
“We are dedicated to fulfilling the compliance and risk management directives of our regulators for quality control and loan quality assurance,” said Chip Poli, founder, CEO and president of Poli Mortgage. “We also care about our borrowers and know that consumer protection is a critical part of every lender’s enterprise risk management platform. We looked at other vendors, however the SSI program was the most comprehensive and efficient as a tool to fit within our operations while offering a reliable solution to our compliance needs in this area.”
SSI President Andrew Liput said, “We are honored to have been chosen as the exclusive vendor for these critical vendor evaluation and reporting services and look forward to supporting the efforts of Chip and his staff to manage quality control, consumer protection and overall loan quality assurance. We are proud to be their partner in this endeavor and look forward to a long and mutually beneficial relationship.”