PROFESSIONAL EXPERIENCE

Confidential

Mortgage Underwriter

Responsibilities:

• Responsible for analyzing, underwriting, evaluating and forming opinions for approving or denying mortgage residential loan applications according to business and credit standards as well as applicable laws and regulations
• Communicate the decision (approval, suspense, denial) to the appropriate individuals within the firm while upholding fair lending practices of JPMorgan Chase Mortgage
• Gather information as necessary to make sound decisions
• Working with automated underwriting systems (DU/LP)
• Analyze credit, income, asset and collateral documents to comply with agency guidelines
• Identifying Red Flags, Fraud Detection, and mitigating risk

Confidential

Underwriting Analyst

Responsibilities:

• Proficient working with automated underwriting systems (DU/LP) and major loan originations systems
• Analyze credit, income, asset and collateral documents to submit files to underwriting
• Calculate income for qualifying, including self - employed income analysis
• Clear loan conditions and communicate effectively with team
• Ability to work effectively under specific time constraints
• Communicate with borrowers and third parties to obtain loan documentation
• Ability to operate in a fast paced environment
• Setting and maintaining proper expectations with all parties on the loan file
• Knowledge of State/Federal regulations to maintain loan file compliance
• Knowledge of agency and investor loan programs and underwriting criteria for both conventional and government loans (FHA,VA)
• Effectively manage loan pipeline at various volume levels
• Functions include reviewing financial statements, credit reports, and applicable ratios(i.e. Debt ratios, loan-to-value); evaluating for home equity loans
• Examining transactions to ensure accuracy and completeness
• Preparing formal reports for review
• Ensuring that documents are consistent and uphold to company and industry guidelines
• Implementing fraud detection techniques, performing compliance reviews
• Assisting with re-negotiations of loans based on lending guidelines
• Contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decision

Confidential

Sr. Loan Processor

Responsibilities:

• Process and prepare mortgage loans (conventional and government, purchase and refinance) under various loan programs for closing in accordance with policies & procedures
• Work directly with customers to ensure customer satisfaction
• Maintain system accuracy, issue disclosures as required by federal regulatory agencies and review rate lock and point objectives for accuracy.
• Set up files and order all necessary exhibits for appraisals and credit reports
• Prepare and calculate income and assets thoroughly before submission to underwriting
• Order and review title insurance, appraisals, loan payoffs, flood and tax certificates and surveys, and thoroughly review all documents before submission to underwriting.
• Obtain and review documents for compliance with loan conditions with the loan officer, coordinate with buyers, sellers, title companies, escrow agents, surveyors and real estate agents to obtain additional documentation, complete loan submissions perform closings
• Check alternative documentation for accuracy
• Manage pipeline via weekly pipeline report

Confidential

Loan Document Specialist

Responsibilities:

• Assisting with workout and/or other loss preventative options/solutions associated with pre or post matured lot loan accounts
• Ensures that the required timelines/expectations associated with the tracking, servicing, and receipt of all required documents previously requested from the borrower are met
• Working with the customer in an effort to obtain all supporting documentation and then upon receipt, analyzing the documentation
• Ordering and receiving the required verifications, reviewing necessary credit and property information, a Lot Loan Treatment Form is completed and the file is forwarded to the Loan Adjustor (Underwriting) team to complete the process by the review of the file, discussions with customer and making recommendations to the Loan Committee as to modifying/rewriting the loan or moving the file towards legal actions.
• Point of contact for Borrowers who are in a delinquent status with their mortgage to process loss preventative options
• Examine cases, review financials and individual hardships and work within framework of guidelines to approve or deny the workout option
• Understand and comply to Non-GSE and GSE guidelines when cash-flowing HAMP applications
• Knowledge in Standalone guidelines when cash-flowing in-house modifications
• Worked in Foreclosure project to assist and find workout options for customers
• Assisted with training of new hires and mentor/assist processors daily

Confidential

Dealer Compliance Specialist

Responsibilities:

• Receive and asses new cases involving dealership non-compliance with company standards for customer account quality, including first payment defaults, title defaults, fraud or contractual violations and other circumstances involving dealership which warrant financial restitution
• Prepare and process demands for repurchase and/or payoff
• Make outbound calls with dealerships regarding resolution of pending repurchase demands
• Follows for status and action steps on open and pending litigation or bond claim cases
• Coordinate all resolution efforts with appropriate internal participants, including Marketing, Legal, Accounting, Operations and Servicing
• Assign or release a funds-hold status on dealership with outstanding repurchase demands
• Accurately track and document progress and actions taken during the course of problem resolution for individual cases
• Promptly communicate potential risk situations to the department Manager
• Recovered on subprime auto paper through the litigation process and processes numerous legal documents in connection with lawsuits instituted by Westlake Financial
• Search & Locate assets on existing judgments
• Maintain a high level of customer service by being proactive in communication with Borrowers, associates and business partners
• Ordering documents and following upon items needed for the closing of the loan in a timely manner
• Reviewing title reports for accuracy and issues, appraisal reports, insurance, income documents
• Assisting MLO with various projects as assigned such as Lenderoffice campaigns and updating Client Data on a monthly basis
• Help to translate for Spanish speaking clients
• Working closely with HSS to ensure all conditions have been provided
• Working with LPS on a daily basis to check status, notepad, rate lock expiration and outstand conditions for loans in process

Confidential

Loan Processor

Responsibilities:

• Responsible for obtaining conditions and following up
• Responsible for preparing and sending closing packages for signing
• Assisted Loan Officers with sales and closing of loans for Spanish speaking borrowers
• Responsible for training new employees and current team employees
• Responsible for opening of new files
• Responsible for submitting files to various Lenders
• Reviewing all files prior to submission for underwriting: files are evaluated for proper selection of programs, correct pricing and verifying all data to prepare files for streamline underwriting
• Reviewing title reports, appraisals, flood and homeowners insurance, ordering payoffs, VOE
• Made sure all polices & procedures were being followed by processing staff
• Responsible for opening new files and inputting all data into system
• Ran credit, Fraud Guard and ComplianceEase on all files
• Responsible for creating compliance disclosures
• Assisted Account Managers
• Responsible for completing daily reports to track loans received
• Submitted completed files to Underwriting for approval
• Reviewing all files prior to submission for underwriting: files are evaluated for proper selection of programs, correct pricing and verifying all data to prepare files for streamline underwriting
• Made sure all polices & procedures were being followed by processing staff

Confidential

Loan Processor

Responsibilities:

• Working with a pipeline of 150-200 loans
• Daily contact with buyers requesting outstanding conditions for the closing of their loan in a timely manner
• Monthly calls made to ensure excellent customer service to our buyers
• Copy packages of submissions to the Lender
• Responsible for preparing files for funding
• Ordering and reviewing items needed for the files to ensure all conditions are met with the Lender
• Responsible for completing reports every Friday to ensure that our reports match with the Builders reports
• Preparing and sending approval letters to our buyers to request items needed on their file
• Ordering appraisals, VOE’s, VOR’s, credit supplements and VOD’s
• Uploading files to different Lenders according to the Loan Officer’s request
• Opening of new files and sending out the initial disclosures to the Borrowers

Confidential

Processing Supervisor

Responsibilities:

• Reviewing all files prior to submission for underwriting: files are evaluated for proper selection of programs, correct pricing and verifying all data to prepare files for streamline underwriting
• Responsible for preparing all disclosure documents for loans submitted to processing: update all state disclosures to merge with mortgage origination software
• Responsible for opening escrow, ordering and reviewing title, ordering payoffs, ordering Loss Payee change for insurance, ordering VOE, VOM, VOD, VOR, HOA Certifications and supplement when needed
• Responsible for correctly running credit on all files and properly canceling and denying all files
• Responsible for training and assisting employees in the processing department
• Lead meetings on topics identified by Manager
• Provide input for best practices and training opportunities
• Accessible for guidance and direction
• Responsible for handling escalated issues while maintaining a positive and professional attitude
• Addressing scheduling issues, including absences and tardiness
• Assisted Loan Officers for guidance or direction regarding processing procedures, as well as assisted with translation for Spanish speaking borrowers
• Type memos and correspondence
• Schedule appointments, court appearances and depositions
• Perform office procedures in the everyday running of a legal environment
• Assisted in typing of legal documents
• Assisted with various projects
• Contacted clients to gather information for preparation of lawsuits