Patti Mazzara MMS
Vice President-Venture Development
Corporate Real Estate Benefits Director
Venture Introduction
Welcome to our corporate benefits site! We are excited to be able to share this unique program with you and your company. Let us demonstrate how it can be of value. Since 1995, we've been helping individuals and companies with their mortgage and real estate needs. Our goal is to be your mortgage and real estate benefits provider of choice. Only through your satisfaction will this goal be achieved. We understand customer service and would like to be on your team of benefit providers.
Real Estate News
For Your Blog: Ideas for Backyard ImprovementsHelp clients make their homes feel safe and secluded; post to your blog a free article from NAR's REALTORŪ Content Resource on plants that add privacy. Keep the focus on the backyard with more free articles on patios, pavers, and fencing.
For Your E-newsletter: DIY Home Security
Help clients be safe, not sorry. Add to your e-newsletter a free article from NAR's REALTORŪ Content Resource on conducting a do-it-yourself home security check, or share one of four other free articles on creating a safe and secure home.
Best Places to Live
What makes a location the best place to live, work, or retire? We've gathered the top lists into one spot to help you determine just that. Find out which cities are ranked as the safest to live in, which cities have the best job opportunities, which cities are more family friendly, and much more in this new field guide.
Powerful Facts About Home Ownership
In a new podcast, President Ron Phipps shares the facts about the difference between 5% and 10% down and who home owners really are.
Mortgage News
Worst HAMP Month on RecordDuring the final month of 2011, the number of loan modifications completed under the government's program saw the smallest gain in the history of the program.
The Obama administration reported that 762,839 permanent loan modifications were active as of Dec. 31, 2011. The modifications were completed through the Home Affordable Modification Program.
That was a gain of 12,091 over November -- the smallest gain on record.
DocX, Founder Indicted
A grand jury has indicted DocX and founder Lorraine Brown, who could spend up to seven years in prison if she is convicted.
Charges were based on 68 foreclosure documents with signatures in the name of Linda Green but allegedly not actually signed by Green.
The criminal indictment is just one in a series of civil and criminal legal woes plaguing DocX parent Lender Processing Services.
Bank Picks Up MetLife's Northwest Production Ops
A Seattle bank has picked up a majority of the production personnel employed in the Northwest by MetLife Home Loans.
The planned shutdown of the MetLife Inc. subsidiary was disclosed last month. Mortgage staffing at MetLife stood at 5,507 as of Sept. 30, 2011.
A MetLife spokesman recently explained that while a maximum 4,300 layoffs could occur, some of those employees will end up in other MetLife jobs while others will leave to work at other companies.
Regulation Requires SARs Filings by Non-Bank Lenders
Mortgage brokers and non-bank mortgage lenders will soon be required to file reports when mortgage fraud is suspected. The additional compliance burden is likely to lead to an increase in filing statistics even though actual fraud activity could retreat.
Non-bank residential lenders will now be required to file suspicious activity reports under new regulations finalized Tuesday.
SARs reports help identify straw buyers, fraudulent flips and short-sale fraud.
