Forensic Underwriter, 10/2013 to Current
JP Morgan Chase – 194 Wood Avenue South, Iselin, NJ 08830
Review aged mortgage documents for missing documentation/fraud.
Defend lender clients against mortgage insurance rescissions and investor repurchase demands. Conduct analysis of mortgage origination issues raised by mortgage insurance companies or investors and preparing written rebuttals to these issues. Assess mortgage origination files for creditworthiness and underwriting requirements. Analyze credit reports and recalculate income in the context of compliance with underwriting requirements and guidelines.
Senior Mortgage Underwriter, 09/2011 to 09/2013
JP Morgan Chase – 194 Wood Avenue South, Iselin, NJ 08830
Underwrote conventional, jumbo and FHA loans. Credit Authority of $1 million on first mortgages and $150,000.00 on second mortgage amounts. Duties included reading, understanding and complying with all Chase Home Lending policies, ensuring all credit decisions comply with corporate policies and federal and state fair lending laws. Review and analysis of income, credit and all other documentation provided in origination files. Ensuring all credit decisions are complete and files contain accurate documentation. Recommend loan approvals and denials based on customer loan application reviews.
Junior Underwriter, 11/2010 to 09/2011
Real Estate Mortgage Network – 194 Wood Avenue South, Iselin, NJ 08830
Cleared underwriting conditions on both FHA and conventional loans. Reviewed documents for acceptability against underwriting conditions, communicated with broker to obtain additional documentation required. Maintained friendly and professional client interactions at all times.
Mortgage Processor, 10/2006 to 11/2010
Pinnacle Federal Credit Union – 135 Raritan Center Parkway, Edison, NJ 08837
Processed applications for both Home Equity Lines of Credit and Fixed Second Mortgages. Reviewed appraisals, prepared closing documents and conducted closings on these mortgages. Reviewed tax escrow accounts, disbursed quarterly tax payments on all escrow accounts and remitted monthly disbursements on first mortgages to FHLMC. Submitted loan applications to the Processing Manager with all verifications and recommendations on decisions. Maintained friendly and professional member interactions.
Underwriter, 06/2006 to 08/2006
American Fidelity Mortgage – 1896 Morris Avenue, Union, NJ 07083
Underwrote files for the Wholesale division per investor guidelines. Reviewed documentation submitted pertaining to income, employment, credit and assets. Reviewed appraisals to ensure property has been valued correctly to warrant amount of loan requested.
Underwriter, 08/2005 to 03/2006
Easter Mortgage/National City Mortgage – Central Avenue, Clark, NJ 07066
Underwrote for 3 retail offices on conventional, jumbo and non prime loans. Lending authority up to $650,000.00. Began process to obtain FHA DE certification. Maintained friendly and professional interactions with processors, loan officers and brokers.
Underwriter, 06/2003 to 08/2005
Chase Home Finance – 900 US Highway 9 N, Woodbridge, NJ 07095
Underwrote for the Wholesale department from 6/2003 to 12/2003 and was then transferred to the Retail Underwriting Dept. in 12/2003. Underwrote conventional, jumbo and bond state loans. Lending authority was $700,000.00 on first mortgages and $350,000.00 on second mortgages. Continued training in underwriting FHA loans.
Senior Mortgage Processor, 09/1996 to 06/2001
Commonwealth United Mortgage/National City Mortgage – 100 Walnut Avenue, Clark, NJ 07066
Processed mortgage applications with heavy concentration in FHA loans and jumbo loans. Registered loans in TMO system, ordered credit reports and appraisals, submitted loans to LP/DU automated underwriting systems. Checked files for completeness of residential loan application, conducted complete application reviews to comply with program guidelines and submitted files to underwriting for credit decisions. Interacted with customers, realtors and loan officers on the status of loan files. Prepared approval documents, cleared conditions and prepared files for closing. Trained new processors on duties and procedures.
