Patchen Law is pleased to announce that the firm is now an officially registered agent with Secure Settlements, Inc. (SSI). As a registered agent, Patchen Law has been included in a national pool of qualified and respected closing professionals who meet the risk management standards set by SSI’s mortgage lender clients. To be included in the pool of qualified closing professionals, the firm was required to undergo a rigorous vetting process to evaluate operational risks.
SSI is the first company to offer a standardized risk management process and information database of fully vetted mortgage closing professionals that protects both consumers and lenders – reducing fraud and ensuring that federal regulatory requirements are met. The Secure Settlements process delivers the most advanced closing fraud risk analysis in the industry and meets all risk management requirements for third-party vetting of vendor relationships, as outlined by CFPB, OCC, HUD, FDIC, Fannie Mae, Freddie Mac and the National Credit Union Administration.