At the core of our settlement / lender representation practice lies a sophisticated understanding not only of the internal operations of mortgage companies and the complex regulatory backdrop to their operations, but also of the kinetic interplay of data points emanating from the title insurance, real estate sales or legal side of any given transaction. Our goal remains singularly focused: protect the bank and extend the best possible closing experience to its customers. Materassi Legal is an approved closing agent for numerous primary lending institutions and mortgage companies such as Flagstar Bank, FSB; Bank of America; Cardinal Financial Company, LP; New Rez LLC; Prime Lending, a PlainsCapital Company; Carrington Mortgage Services LLC; Plaza Mortgage Corporation; United Wholesale Mortgage; LoanDepot.com; Freedom Mortgage Corporation; Meadowbrook Financial Mortgage Bankers Corp.; Rocket Mortgage f/k/a Quicken Loans; Caliber Home Loans; Arc Home LLC; etc. just to name a few.
We have also developed long standing referral relationships with some of New York’s top mortgage brokerages such as Americana Mortgage Group, Inc.; HGRN Commercial Lending; Prudential Borrowing; and Mortgage Depot.
In addition to standard purchases and refinances, our firm has extensive experience with refinance closings involving consolidation, extension and modifications (NY CEMAs), as well as co-op purchases and refinances and reverse mortgages. This experience extends to residential 1-4 family transactions, multi-family transactions; mixed-use properties and small to mid-size commercial properties.
We’ve also worked extensively with lenders and borrowers on purchase transactions involving CEMAs to help both parties achieve substantial savings on the New York State mortgage tax and transfer tax.
The Firm also serves as outside general counsel to a newly established private equity fund, managing assets for investors in variety of real estate related asset classes. With access to conference room facilities in every county in downstate New York and an experienced staff of per diem attorneys and paralegals, the Firm is well equipped to handle a substantial volume of residential and other types of mortgage loan closings. Likewise, the Firm’s attorneys are available to close loans throughout the five boroughs of New York City, as well as Nassau, Suffolk, Westchester, Rockland and Putnam counties, whether during regular business hours or in the evening.
Additionally, the firm’s attorneys & closers speak several foreign languages, including Spanish, Italian, French, Hindi, Urdu and Punjabi, and can conduct closings in these languages. We accommodate travel throughout NY City and NY State, depending on the location.