Mentor & Leadership Development Program
Topics: Inside ALAW
ALAW has formed an Employee Engagement Committee that will roll out a firmwide and year-long activity program. ALAW, already dedicated to its staff, continues to invest in its employees by launching this program.
The Engagement Committee is comprised of a diverse group of managers and staff working together to promote teamwork and staff appreciation, starting with Sportsfest on April 26, 2014.
This investment by the firm and committee is a small sample emblematic of the ALAW environment. Being an ALAW employee means being elite in one’s craft; trained by fearless and experienced leaders, ALAW employees are masters of navigating through multiple client status systems. Being an ALAW employee means investing in both oneself and the firm, accepting nothing less than 100% in client, court and file services.
Proof of our nonpareil service is the staunch SCRA/PACER Department’s recent completion of client-mandated reporting through use of “Rube”. Rube allows us to provide client SCRA/PACER requirements for reporting purposes; the end product is the entire workload for the day. The report is run multiple times during the day in order to capture new files, resulting in multiple departments completing a triggering step.
Shared Services Department’s great achievement is the development and implementation of Dashboard Reporting. Dashboards allow an instant overview of specified metrics to ensure files are prioritized on all levels. The user clicks an individual metric and the detail report produces those files contained within that standard allowing for immediate identification of pending files at risk or out of standard. Information is updated hourly.
Nothing will stop new construction in Georgia quicker than a clouded title, incorrect closing documents, or suspect financing. Retaining a real estate attorney helps avoid these issues or resolve these issues during a transaction.
Real Estate attorneys perform a variety of title services including title insurance protection, settlement of title issues, arrangements for escrow, and closing. The services are often the most beneficial before a builder begins a new construction in Georgia.
ALAW, the premier provider of legal services for the mortgage banking industry, today named industry veteran Clay A. Cornett to lead the Firm’s sales and business development efforts in as executive vice president of sales for ALAW and its related technology entities. He also joins the ranks of Partner with the Firm.
Cornett, who most recently served as executive vice president of sales for ServiceLink, a Fidelity National Financial (FNF) Company, has more than 30 years of experience and service representing banks and mortgage operations. From 2000 to 2011, he served as President of FNF, FNIS and LPS Default Solutions’ group of companies where he was instrumental in architecting one of the premier default service providers in the industry.
Topics: Press Release
LENDER AND FORECLOSURE MANAGER FAQ's
Q: I understand Florida recently amended its laws concerning foreclosure. Can you tell me what’s changed?
A: HB 87, the “Florida Fair Foreclosure Act” took effect in June. It’s intended to speed up the process of foreclosing on residential mortgages. Among other things, the Act:- Shortens from five years to one the time within which a lender must sue to collect any money still owed after the foreclosure (called a “deficiency”)
When you purchase a new home, it is so important to protect yourself in every way possible. While you probably have had the house inspected, gone through all the typical steps in ensuring the home is safe for you to move in, one necessary area that you might not of considered yet is title insurance. Home title insurance is something that many individuals overlook, but is very important, as it can protect you from overpaying on the house, finding new fines and fees and even losing the house all together. Home buying is an exciting, yet stressful time in your life. You shouldn't have to worry about the house being pulled right from under your feet. In order to protect yourself, your family and even your assets, opting into home title insurance is an extremely desirable area to consider.
Five of the best reasons as to why you need home title insurance include:
- Possible Errors in the Deed
- Undisclosed Heirs
- Mistakes in the records
- Undocumented payments
ALAW has completed the transition of acquired assets and operations from JPMorgan Chase’s California Reconveyance Company (CRC). The Firm also retained CRC’s highly tenured staff of approximately 80 employees – who continued operations as ALAW employees on Monday.
“Our strong relationship with Chase, coupled with a highly tenured staff and strong tenured leadership already in place, made for a smooth transition of this top-performing organization to ALAW,” said Rayman Mathoda, Chief Revenue Officer at ALAW. “Our plan is to support these employees - under the continued leadership of Deborah Brignac - and to grow the business to serve additional clients and states from the West Coast. The operations’ top performance track record along with Chase’s commitment to the people, will support the ongoing opportunity to continue representing Chase and now other top servicing clients -- seeking the same superior trustee services previously limited to Chase.”
“Our Firm, often referred to as ALAW, has undergone a tremendous evolution in the past year with significant investments in technology and communications across the organization” said Scott Barnes, Chief Operating Officer. “The ALAW identity exemplifies our strategic foundation of people and technology to produce top quality results at maximum value for our clients.”
The new brand and logo depict ALAW’s commitment to innovation while maintaining the stability and industry leadership for which it became known. The company’s new tagline, “A Firm Foundation for the Future,” underscores the firm’s client-centric operating philosophy, whereby the firm’s focus matches the clients’ goals to ensure stellar legal services for years to come.
“Our firm’s structure has been redesigned with dedicated legal teams matched to our client’s functional teams. The result has been a client-centric operating philosophy where our firm’s focus matches our clients’ goals,” said Albertelli. “It builds on our strategic foundation of people and technology to provide the most efficient and effective case resolution strategies at maximum value for our clients.”
Leading this evolution at the firm as Chief Operating Officer and EVP of Firm Operations are industry veterans Scott Barnes and John Shelley respectively.
Scott Barnes, who most recently served as Senior Managing Director at Lender Processing Services (LPS), has more than 20 years of nationally recognized experience in default mortgage servicing, specifically in foreclosure, bankruptcy, and special asset services. During his time with LPS, Scott developed, implemented and managed the Default Solutions business. Prior to his tenure with LPS, he served as SVP of Operations for Fidelity National Foreclosure & Bankruptcy Solutions and was also employed with First Union National Bank as Vice President of Default Servicing.
John Shelley joins Albertelli Law with over 25 years of default servicing and mortgage origination experience. Shelley most recently served as the Vice President of Foreclosure at Select Portfolio Servicing (SPS). During his 14 year tenure with SPS, Shelley successfully managed multiple initiatives and aspects including foreclosure default operations, platform integrations, implementing client subservicing requirements and fulfillment of National Mortgage Settlement requirements
June 7, 2013 - Florida - Governor Rick Scott signed House Bill 87 into law today, an ambitious piece of legislation designed to expedite the residential mortgage foreclosure process and ease the state’s formidable backlog.
While House Bill 87 provides novel and useful mechanisms to speed up the foreclosure process, it also imposes some additional, highly specific requirements on plaintiffs in mortgage foreclosure actions. In order to safeguard our clients’ reputational and pecuniary interests, Albertelli Law proactively researched the contours of the proposed legislation, dissecting the bill’s key provisions and assessing its practical and economic effects on our clients. We are prepared to guide you every step of the way.