| CLOSING
DEPARTMENT STAFF
The staff of the closing department consists of seven loan processors
who are responsible for the files from the time of their arrival to closing.
They communicate with the attorneys, borrowers, brokers, lenders and title
companies to bring the loans from the initial stages to the closing table
in an orderly and expeditious manner. Betty Perniciaro, is the manager
of the closing department who oversees all processes and handles all major
issues related to the files.
The
loans are closed by six closers who are in direct communication with the
firm’s attorneys at all times. They travel to all five boroughs
as well as Nassau and Suffolk County, Westchester and the Bronx. They
handle all aspects of the closings including closing conditions, completing
and sending HUDs to Lenders, Brokers and Attorneys, retrieving 1099 information
and disbursing of proceeds. |