Responsible for overseeing the daily file flow in Underwriting including monitoring turn times.
Reviewed all loans exception request and second signature for higher loan amounts.
Involved in interviewing and hiring of any new personnel
Worked closely with production teams to meet client expectations and achieve client satisfaction goals.
Managed 10 teams of residential first and second mortgage underwriters ensuring compliance with established policies and procedures.
Maintained $2M loan approval authority on complex loan requests and exceptions to policy.
Responsible for managing Loan Committee approval on complex transactions up to $10M, including Securities Based Lending Products.
Responsible for establishing and managing non conforming credit policies.
Responsibility for ensuring high quality loans that balanced the needs of our clients while balancing shareholder value and investor quality.
Responsible for the oversight of our outsourced fulfillment vendor to ensure loans were underwritten in accordance with established underwriting policies and in compliance with required regulations.
?Manage team of 10 Senior Underwriters responsible for all exception or high exposure loans outside vendor's delegated authorities.
Establish and managed all non conforming and HELOC credit policies.
Worked with Secondary Marketing on investor and agency relationships, contracts and loan sales.
Originated up to $2B in loan origination's while maintaining loan losses of less than 3 bps annually.
Established and managed our outsourced Quality Assurance program and policies to ensures all loans were originated with established risk tolerances and investor requirements.
Managed Client Service's team that tracked and monitored client satisfaction results, established remediation plans and ensured compliance with all stated and federal regulations.
Responsible for managing the business routines in compliance with FCRA and GLBA Privacy policies.
Responsible for Underwriting operations for Merrill Lynch and US Trust Standard mortgage origination.
Originated over $1B in high quality loans to high net worth clients while achieving strong client satisfaction results averaging at or above established targets.
Responsible for the oversight of $57B loan portfolio with annualized losses of 4 bps and $13B HELOC portfolio with annualized losses of 24 bps.
?Managed non conforming credit policies across channels.
Work closely with Risk partners to ensures all loans were originated within established risk tolerances and limits.
Managed high skilled Exception Team responsible for structuring complex loans up to $10M.
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