About

Conveyance. Compliance. Community

 

With the influx of new rules and regulations, property preservation is not just about securing a property or boarding up a window; it is about preserving the look and overall values of neighborhood properties as if it were your own.

As a servicer and asset manager, you should be focused on maximizing your assets, rather than keeping up with ever-changing compliance requirements. You can’t afford to go it alone.

When Attention to Details Matters Most

Five Brothers restores communities one property at a time. For close to 50 years, we have consistently delivered compliant asset management, field services and REO solutions by preserving properties, protecting our clients’ interests, and by maintaining stellar relationships with our clients and partners.

Our solutions mitigate your risk and alleviate your compliance guesswork. Our job is to protect and preserve. Check and double-check, believe but verify. It’s how we define quality control.

Taking The Guesswork Out Of Asset Management

To take the guesswork out of asset management, precise coordination and stronger execution is paramount.  Five Brothers is staffed with experienced property preservation experts– capable of working closely with real estate professionals, vendors, title companies, law enforcement officials and attorneys to assure better outcomes at every phase of asset disposition.

Today’s servicing market demands the right asset management partner.  When you can’t afford to be wrong, and attention to detail matters most, turn to Five Brothers for timely conveyance, in-depth compliance and a community of experts like no other.

Leadership Team

Joseph Badalamenti (Joe Bada)

Chief Executive Officer/Chairman/Owner

Joe Bada got his start in the default management industry in 1967 as a HUD contractor. Now, 49 years and over 5 million inspections later, Bada has built Five Brothers into a highly successful and respected industry leader.

Through hard work and experience, Bada has grown Five Brothers a privately-owned company into a large national firm offering a full range of field service solutions, including property preservation, inspections, REO management and property valuation. Bada’s strong belief in client-centered partnering has spawned a nationwide network of highly effective customer and field service representatives. Advanced technology solutions created under Bada’s leadership include a complete document management and processing system (MARS™) and state-of-the-art loss mitigation software (MOTZ™), which allows quick and efficient loan modifications according to FDIC and HAMP guidelines.

Joe Bada has been relentless in his pursuit of client-specific business solutions; an approach that he believes remains the most important advantage Five Brothers brings to its clients.

Nickalene Badalamenti-Kalas

President

Nickie works directly with Five Brothers CEO, Joe Bada to oversee the daily operations and long term strategic vision of Five Brothers. A dynamic entrepreneur, business leader, and skilled executive who brings leadership, insight and new strategies that drive customer satisfaction, revenue growth and profitability. She leads Five Brothers growing work force in delivering an exceptional customer experience, by constantly monitoring changing market conditions and the regulatory landscape to proactively deliver solutions its client need.

Prior to joining Five Brothers full time as Chief Business Officer, now President, Nickie had served on the executive management team at Five Brothers. Nickie attended Oakland University for her undergraduate studies, and received her doctorate degree from the University of Detroit School of Dentistry prior to starting, developing and running a highly successful dental practice in Michigan for 25 years.

Joseph Miller

Chief Operations Officer

Joe oversees operations and new technology initiatives at Five Brothers. He is a strategically minded senior executive with an accomplished entrepreneurial track record of top-notch leadership and team building, with strong execution capability in gaining operational efficiencies and increasing organizational capacity. He is responsible for implementing a global information technology infrastructure and solutions to support enterprise resource planning, customer relationship management, collaboration and unified communications for Five Brothers. Joe works closely with business unit executives to drive business innovations; developed understanding of business requirements, and designed appropriate technology solutions to increase productivity and gain operational efficiencies.

Joe has a MBA & Master of Science in Finance – Dual Degree from Walsh College, and a Bachelor of Arts in Monetary Policy/Finance, from the University of South Florida.

Perry Scroggie

Chief Financial Officer

Perry Scroggie is an accomplished finance executive with 30 years of accounting, finance, and management experience.   Perry previously held the positions of Chief Executive Officer and Chief Financial Officer with a private technology services company. He also worked as the Vice President of Accounting and Finance for Luminant Worldwide Corp., a publicly traded systems integration and web development firm. Perry served at the Chief Financial Officer and was a founding member of Align Solutions Corporation, which was selected by The Houston Business Journal as the fastest growing company in Houston, Texas. As a Director with Huron Consulting Group and related firms, Perry served a number of companies in financial consulting roles as an interim financial executive, project manager and financial advisor. Consulting clients have included General Motors, Navistar, Blue Water Automotive, and Inventive Health. Consulting projects included assisting companies in transition through Chapter 11 bankruptcy, leading an initiative to centralize a company’s accounting functions, and project managing the restatement of a client’s financial statements. Perry has extensive experience in operating and growing early stage and mid-market companies and working with organizations in transition.

Perry is a Certified Public Accountant and holds a Bachelor of Science in Business Administration from Central Michigan University.

William Walsworth

Chief Information Officer
Warren, Michigan

In 1995, William Walsworth joined Five Brothers as Chief Information Officer, developing all of the Five Brothers technology solutions, including MOTZ,™ MARS™ and FiveOnline.™ Walsworth provides Five Brothers’ clients with efficient and effective solutions for loss mitigation, asset preservation, and loan modification, as well as document management, scanning, archival and retrieval.

Prior to joining Five Brothers, Walsworth served as a senior systems analyst at Hong Kong & Shanghai Banking Corporation in New York before becoming President of GNU Software Development in Ann Arbor, Michigan.

Angela Miller

Chief Client Relation Officer, CCRO

Angela oversees all aspects of client relations. Her main focus is to proactively engage Five Brothers client’s on an individualized basis to deepen relationships that align with Five Brothers core competencies. Angela provides high-level client service to each individual or organization, with a focus on engagement and outcomes. It includes working with her team to respond to client inquiries; maintaining database information and monitoring for opportunities to further engage with Five Brothers client’s in identified services.

Angela’s experience spans more than twenty-five years of serving Five Brothers and its customer base. She applies those experiences and insights to deliver a truly memorable customer experience for each and every Five Brothers client.

Melissa Shankin

General Manager, Operations

Melissa oversees all aspects of operations in accordance with Five Brothers mission statement, including maximization of financial performance, vendor satisfaction, regulatory guidelines and staff development. She strategically plans, directs and coordinates the operations of Five Brothers, and maintains systems, procedures, and closely monitors KPI’s for operating efficiency.

Her 15 years of experience in asset management at Five Brothers range from basic data processing to creating the Five Brothers specialty services teams, to managing teams and divisions within operations. This experience allows her to increase management’s effectiveness by training, coaching, and counseling managers; communicating values, strategies, and objectives; assigning accountabilities; designing operations workflows, and monitoring job results. She is an expert at matching staff resources with properly aligned organizational structures to accomplish corporate goals and objectives. In addition, she is a licensed real estate professional and Captain of the Karmanos Breast Cancer “Securing A Cure” team since 2010.

Andrea Mulhern

General Manager, Operations

Andrea oversees all aspects of operations in accordance with Five Brothers mission statement, including maximization of financial performance, vendor satisfaction, regulatory guidelines, and staff development. She strategically plans, directs and coordinates the operations of Five Brothers, and maintains systems, procedures, and closely monitors KPI’s for operating efficiency.

Her 18 years of experience in asset management at Five Brothers range from system analytics to monitoring insurer compliance and regulations, to managing teams and divisions within operations. This experience allows her to increase management’s effectiveness by training, coaching, and counseling managers; communicating values, strategies, and objectives; assigning accountabilities; designing operations workflows, and monitoring job results. She is an expert at creating internal system enhancements to provide clients with a better quality product.

LeAnne Richards

Senior Director, Client Relations

LeAnne oversees Five Brothers client’s communication programs. As Senior Director of Client Relations, she is charged with advancing the company’s client customer service department as expressed in its partnership-driven business model. On the client relations communication level, her responsibilities encompass business corporate compliance, invoicing, pricing and escalated responses.

Prior to joining Five Brothers, LeAnne  served as client relations liaison for a leading provider of lender-placed insurance, where she managed all aspects of company client communications activities. Earlier, she had held a similar position at BetterInvesting, a member organization providing information, education and support to investors nationwide.