First Allegiance
Cheri Fraiman is a seasoned human resources professional with extensive experience across various industries. Currently serving as the Director of Human Resources & Organizational Development at First Allegiance since April 2025, Cheri previously held significant roles including Head of Human Resources at Archtop Fiber and Director of Human Resources & Wellness at H.O. Penn Machinery, Inc., where responsibilities encompassed HR systems management, corporate wellness programs, and change management initiatives. Cheri's career also includes leadership positions at Milstein Properties, AEA Investors LP, and Gilman Ciocia Inc., among others, demonstrating a strong commitment to employee development, organizational growth, and strategic HR management. Cheri holds a Bachelor's degree in Integrated Science from Marist University.
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First Allegiance
First Allegiance (formerly REO Allegiance) is a well-known leader in nationwide mortgage field services. It is a dynamic, woman-owned, nationwide property service firm with extensive experience in property preservation, custom maintenance programs, rehab/repairs, inspections, code compliance, and lockout field services. The firm offers a wide range of services including early stage delinquency outreach and extensive pre-conveyance work on FHA insured loans. As a well-known industry leader in navigating HUD pre-conveyance requirements, P260 portal communications, & related negotiations – the firm is the clear industry leader in the HUD/FHA Pre-conveyance arena. First Allegiance is a boutique style firm dedicated to providing its clients with value and personalized execution. The company has a long-standing reputation of consistent performance, accountability, flexibility, & responsiveness. The company serves a wide variety of clients including banks, servicers, asset management firms, investors, credit unions, & default attorneys. It offers custom programs as well as flat-fee and a-la-carte solutions at affordable rates. Its service portfolio includes the following focus areas for both residential & commercial assets: Property Preservation, Ongoing Maintenance, Inspections, Rehab & Repairs, Eviction Field Services/Personal Property Disposition, Code Compliance & Utility Management, Third Party Communication & Reporting, Loss Mitigation, Valuations (BPOs/Commercial BPOs/Appraisals), and Rental Property Management (including Rental Data). The company services all types of assets including REO, OREO, Conventional, Investor Held, HUD/FHA (Pre/Post Conveyance), & Agency (Fanny/Freddie/VA) held. First Allegiance provides a well know proprietary enterprise level technology solution that is highly customizable and can be rapidly integrated with other systems. First Allegiance is certified as a Women Owned Business by the WBENC.