VIENNA, Va. – Navy Federal Settlement Services, provided by NFRES, LLC, has celebrated the grand opening of its second office located in Pensacola, Fla.

NFRES was formed in 2002 to streamline the mortgage closing process and ensure that Navy Federal Credit Union's members nationwide receive the best possible closing experience.

Over 40 people including NFRES Board of Managers and executive staff from the headquarters attended the ribbon cutting ceremony, toured the new office and met the staff of 12 talented employees who will provide post-closing processes for equity loans to members.

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