Gayle M. Montalto, Attorney at Law
Experience, Integrity, Counsel
Experience

SUMMARY

 

Escrow Officer with 10 years of experience closing residential transactions.  Trained and instructed other title personnel, realtors and other real estate professionals in the areas of loan processing, contract closing, mortgage financing, title insurance, and escrow issues.

 

PROFESSIONAL EXPERIENCE

 

Volunteer for Save the Dream Program                                                     May 2009 - Present

 

Pro bono counsel to foreclosure defendants in court ordered mediation.  100% of clients successfully obtained loan modification, and foreclosure dismissal by use of Home Affordable Modification Program U.S. Department of Treasury guidelines.

 

Taft Stettinius & Hollister LLP, Cleveland, OH                                           2008 - 2009

Staff Attorney

Supervised lenders, surveyors, title company professionals, and developer activities; Key client contact for large mortgage lending servicer;

  • Successfully met or exceeded time sensitive deadlines improving due diligence processes with success ratio of 100%.
  • Implemented document preparation system and supervised document delivery generating addition firm income in excess of $120K.
  • Advocated for HUD client by successfully negotiating loan commitment, prompt closing, and lender paid fees after lender's 6 month delay

 

Landamerica Lawyers Title Insurance Corporation, Akron, OH               1999 - 2008

Escrow Officer

.

·         Top revenue producer as title and escrow officer:  closed the highest number of transactions annually in a branch of 8 escrow officers.

§  Promoted to Commercial Escrow Officer  2005

§  Demonstrated leadership in teaching and designing documentation systems to assist escrow officers

§  Accomplished superb customer service with branch gaining additional 25% market share of title and escrow business.  

 

Fifth Third Bank, Cuyahoga Falls, OH                                                         1997 - 1999

Mortgage Loan Underwriter

Credit Analyst for high volume residential lending division for northeast Ohio 

  • Developed document systems to assist loan originators and customers to verify information quickly and efficiently improving loan approval time by 25%
  • Judiciously employed data management to interface with Freddie Mac Automated Underwriter in obtaining computerized loan approval certificates for complying loan applications.

 

Northeast Mortgage, Uniontown, OH                                                                       1995 – 1997

Office Manager

Managed and interpreted numerous guidelines including sub-prime lending guidelines at the inception of the sub-prime lending industry attaining monthly closing volume of $1M.

 

 

EDUCATION

 

Juris Doctor, The University of Akron, Akron, Ohio

B.A., Philosophy, Denison University, Granville, Ohio

 

 

OTHER PROFESSIONAL ACTIVITIES

 

Member, Ohio State Bar Association

 

Member Akron Bar Association

   Chair, Real Property Committee 2006-2008, designed and organized seminars focusing on Real Property issues including a seminar in June 2008 which spotlighted the Ohio Supreme Court Alternative Dispute Resolution Foreclosure Mediation Model.

 

President, Summit County Land Title Association, 2007, designed seminars for title examiners and escrow closers at the inception of the housing crisis, focusing on title insurance claims and changes to Ohio escrow insurance law based on the Ohio Home Ownership Protection Act of 2007.

 

Volunteer:  Save the Dream Project, pro bono counsel for several foreclosure defendants, guided their approval for rescue funds and successful loan modifications.

 

Volunteer Instructor and Career Counselor: Cleveland Bar Association 3R’s Program, part time Constitutional Law instructor and Career Counselor for high school students.

 

Lecturer, National Business Institute, designed and conducted seminars presented to Ohio attorneys on consumer law and foreclosure matters.