Summary:

• Over 28 years of extensive knowledge and experience in the mortgage field with a proven track record of productivity, quality assurance, compliance, reliability, and integrity. Legal experience.
• 15 years of solid and successful experience as a Senior Underwriter including Manual Underwriting.
• Excellent Supervisory and Business Analyst experience for underwriting Department and Loss Mitigation Department successfully developed and ran the department for 9 years.
• Basic responsibilities involved the analyzing end user requirements and communicating and modeling them to the development team.
• Have excellent knowledge of investor guidelines and can adjust to individual investor requirements or improvements understanding the quality and conformance issues of either government or conventional programs.
• Detail orientated with Exceptional Troubleshooting and problem solving.
• Special Project with repurchasing letters from FNMA.
• Made oral and written presentations at conclusion of discussion deficiencies, audits and recommending corrective actions.
• Staying updated on FNMA/FHLMC, GNMA FHA/VA guidelines/criteria.
• Performed and conducted written analysis outlining key performance indicators and key risk indicators.
• Worked with loans sold on the secondary market.
• Assist in developing and organizing training manuals and participating in special projects as assigned.
• Write repurchase letters and respond to repurchase letters.
• Foreclosure Default Legal Coordinator.
• Audit Affidavits, VTC, AOM for compliance according to bank, state and Federal guidelines.
• Developed flow charts.
• Develop and maintain in-depth knowledge of state and federal guidelines.
• Confirm with and abide by all regulations, policies, work procedures and instructions.
• Evaluate and Validate income, liabilities, assets, Profit and Loss Statements, Self-employed, appraisal review, collateral and other required documentation.
• Reviewed and audited tax returns for self-employment, rental properties, review for risk issues and quality control.
• Excellent with Compliance, Compliance, Compliance.
• Ability to underwrite a solid approval, withdrawal, or decline on residential mortgages.
• Ability to perform under urgency and deadlines with total accuracy.
• Excellent Service oriented with clients, lenders, team, always willing to be pro active and going above and beyond lenders and clients expectations.
• Results Oriented and Multi-tasking detecting fraud in various ways. Strong analytical, numerical skills.
• Excellent written/verbal communication between borrowers, brokers, lenders, and the company employed with.

Professional Experience:

Special Events Specialist

Confidential

Foreclosure Mortgage Default coordinator Contract Position

• Audit Affidavits of Indebtedness AOI , Assignment of Mortgage AOM and Verifications to Complaint VTC for accuracy and compliance according to bank, state and federal guidelines.
• Update Lender Processing Services LPS , ASI Share point and Manifest after review of AOI, AOM, VTC.
• Initiate Three tiered checklist to ensure legal and banking compliance.

Extract loan origination documents from I-Portal.

• Adhere to document execution guard rail for variations in plaintiff name in legal pleadings to ensure proper standing.
• Review original notes and alonge to note for proper blank and specific endorsements and execution.
• Prepared adjournments.
• Request for approvals, and request and prepare reinstatement and payoff quotes.
• Prepare and forward Quit Claim Deeds.

Confidential

Loan Modification Underwriter

• Detail orientated with superior troubleshooting and problem solving.
• Underwriter for Loan Modification programs, Specializing in the HAMP program.
• Know all Federal Guidelines required to process and underwrite loan modification.
• Reading tax returns, credit reports, pay stubs and other items that are required to process and underwrite a clean file.
• Follow the guidelines and time line that are required.
• Quality Assurance for the financial documents, income requirements, credit report, proof of occupancy, HOA and Dodd-Frank documents.
• Dealt with fraud, being able to detect fraud in various ways and work with the Fraud Department successfully.
• Work on default and non default loans. Also work on GSE and non GSE loans.
• Various program applications for Loan Modification used.
• Always documenting all communications of any type that has taken place with borrower, third party, faxes or anything to do with the file.
• Excellent communication within the company as well as excellent communication with all Borrowers
• Constant contact with clients to let them know what documents we are still waiting for make time line for borrower to get items needed to us, through faxes, mail, letters, calls.
• Make sure all telephone conversations are correctly communicated, clearly and in compliance with Federal Guidelines.
• Request documentation as required and make sure all Federal 30-15 day Letters go out to borrower - Troubleshooting and dealing with upset clients.
• Excellent Multi-Tasking. Declining or approving loan modifications.
• Complete clean decision making of 25-30 files per week.
• Top producer in our team and within the top 4 every month in our unit, various awards for excellence.
• Not one kickback from Government audits.

Business Analyst, working Supervisor Underwriter

• Opened, trained and supervised Loan Modification Department since 2008.
• Develop Training Manuals for various Departments in the Mortgage Field for training and testing projects.
• Basic Responsibilities involved the analyzing end user requirements and communicating and modeling them to the development team.
• Work with various clients to determine their needs.
• Excellent communication skills within the company as well as clients.
• Developed as well job aids to assist all the employees to work and understand better requirements.
• Dealt with Fraud, being able to detect fraud in various ways and taught other how to detect Fraud from borrowers, and looked for broker's fraud.
• Excellent multi-tasking. Compliance, compliance.
• Trained and managed processors on accuracy, procedure, urgency and how to achieve significant improvement in their productivity.
• Setting up and documenting, reporting daily, weekly, monthly outcome of projects.
• Excellent Multi-tasking, organization and time management.
• Ran daily group meetings as well as worked individually with each loan modification processor, underwriter.
• Headed the Quality Assurance Department - reviewing all documents after Underwriters underwrote the files, to make sure that the Federal guidelines, investor guidelines have been followed. That financial documents, income requirements, credit report, proof of occupancy, HOA and all involved.
• Reviewed for possible default in advance. Developed Loan Modification Dept.
• Participated in strategic planning discussions for the business unit or functional area and provided recommendations regarding present and future direction.
• Problem Solver, excellent Organizational skills, Time Management, Results oriented.
• Wrote the processing manual, as well as the Calyx instruction for brokers.
• Evaluated acceptability of loans to corporations that bought real estate loans on secondary market where existing mortgage were bought and sold by investors.
• Follow the guidelines and time line that are required.
• Created loyal customer by finding out their expectation and taught our department how to strive to meet and exceed them.
• Know all Federal Guidelines required to process and underwrite loan modification.
• Specialized in HAMP program.
• Constantly follow-up with lender and secure beneficial resolutions.
• Correspond effectively with client and client's lender on regular basis.
• Approve and deny loan applications ad request additional information.
• Called specified companies to obtain property abstract, survey, appraisal, VOE, VOD, insurance, HOA, cleared conditions.
• Check dates on 1003, payoff and CPL, chain of title, E O, all Title work correct.
• Work directly with closing agents.
• Check for lawsuits, Judgments, any additional mortgages on property or information not noted.
• Worked with Credit report, Trade lines, percent, Public records, length.
• Confirm and review copy of HUD prior to closing to confirm all numbers are correct.
• Processed and Underwrote for Loan Modifications.
• Reviewed residential loan application files to verify that application data was complete and met established standards, including amount of mortgage, income, assets, liabilities and length of employment.
• After closing of loan and/or recession date put file in correct order for headquarters.
• Large volume of phone work, heavy computer work, Excellent at both.
• Package client documents in preparation for submission to lender.
• Conducted Forensic Audits on loans and use of software as well.
• Processor for loan modification since 2008 and mortgage's since 1989 broker since 1989.
• Recorded loan rejection, specifying investor, institutional guidelines and basis for declining applications such as insufficient cash reserves.
• Negotiated with banks for modification on clients loans.
• Obtain confirmation of workout solution package transmittal.
• Managed 32 employees reviewing the activities and /or operations of underwriting department.
• Excellent communications, customer service and correct, clean documents to be submitted to lenders.
• Hired, trained, terminated, disciplined, decisions relative to performance reviews for the Underwriting Department.
• I oversaw and implemented practices to ensure compliance with the federal guidelines and all programs.
• Reported daily activity of our team, through daily reports.
• Various reported I needed to do and review other team managers.
• All communications with borrower and lender had to be documented correctly.
• Urgency, follow-up. Did manual underwriting with loan modifications.
• Make deadlines, and send out the required letters to stay in compliance.
• Put together initial packages and made sure we had included correctly the 7 key areas of Federal guidelines underwriting review.
• Reviewed files before submission for Quality Assurance.
• Taught, and did my own files dealing with passive/non passive income, percentages, K1, P/L, taxes, various schedules, boarder, rental, child support, SS, death pension, divorce, assets, reading appraisals, and credit reports, etc.
• Reading tax returns, credit reports, pay stubs and other items that are required to process and underwrite a clean file.
• Worked file from start to successful completion.
• Worked with Credit Reports, reading, reviewing, judgments, and reading of Appraisals.
• Work with FHA, case numbers, requirements, work heavy on Manual UW, work with DE, DU.
• Underwrote client's package DTI - soft hard, Disposable income, financial worksheets reviewed bank statements to confirm all is correct and match up as required, P/L statements, taxes .

Confidential

Mortgage Loan Underwriter

• Ability to multitask workload in a fast-pace environment.
• Underwrite Conventional, FHA and VA residential loans, review loan-to-value ratios, credit reports, income, employment, assets, titled documents, insurance, appraisal, to ensure that each loan meets credit policy and lending guidelines.
• Underwrite mortgage loans, ensuring compliance with appropriate company and secondary market investor standards.
• Also conducted tax returns for self employed, risk management and quality control.
• Have excellent knowledge of investor guidelines and can adjust to individual investor requirements or improvements understanding the quality and conformance issues of either government or conventional programs.
• Maintain a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity.
• Understanding of traditional mortgage origination and underwriting practices.
• Financial expert in debt and equity finance, diverse mortgage banking background.
• Updated on FNMA /FHLMC, GNMA FHA/VA guidelines. Knowledge on current software Point, Encompass and more.
• Made oral and written presentations to management during and at conclusion of an audit, discussing deficiencies, recommending corrective actions and suggesting improvements in internal controls.
• Origination of First and Second Trustee Loans.
• Supervised Loan Officers and Processors to ensure quality control is met.
• Ensure all investor guidelines are met.
• Evaluate loans in order to maximize organizational profit and minimize risk or loss.
• Examine loan documentation for accuracy and completeness.

Work with loan originator or production staff to secure all required documents.

• Withdraw and decline loans as appropriate.
• Accurately record data and review conclusions in QAS Quality Assurance System .
• Professionally communicate the results of file reviews both verbally and in written format to internal and external customers.
• Manual Underwriting.
• Maintain a sound knowledge of guidelines, DU guidelines, and risk assessment tools used to make decision mortgage loans.
• Analyzed, structured, and prepared credit recommendations on complex credit transactions on Conventional, FHA and VA loan facilities.

Confidential

Assistant Quality Assurance/Jr. Loan Underwriter

• Underwrite loans per FNMA and Freddie Mac guidelines.
• Communicate approvals and declines with brokers.
• Identify risk issues and potential fraud, conduct quality control and pre-funding audit, create detailed loan-level reports based on audit findings, investigate and respond to investor inquiries regarding non-performing loans.
• Perform risk analysis and make decision regarding deficiencies identified during the review process.
• Maintain a sound knowledge of guidelines, DU guidelines, and risk assessment tools used to make decision mortgage.
• Strong analytical, problem solving and negotiation skills.
• Effective written and verbal communication/presentation skills.
• Sign off conditions and ensure quality control prior to funding of loans.
• Examine loan documentation for accuracy and completeness.
• In-depth knowledge of Fannie Mae's underwriting and quality control guidelines.
• Work with loan originator or production staff to secure all required documents.
• Review closed loans for eligibility with respect to Fannie Mae's Selling Guide. DU Guide, and/or negotiated terms as defined by contracts with Fannie Mae's lender partners.
• Accurately record data and review conclusions in Quality Assurance System.
• Professionally communicate the results of file reviews both verbally and in written format to internal and external customers.