To be employed at a mortgage company where I can utilize my extensive skills and experience in the mortgage industry, continue to develop myself professionally and create value for the organization.
•Interprets loan applications and related documentation gathered during the loan underwriting process to appropriately code for HMDA reporting purposes.
•Reviews loan application data and timely issuing of RESPA initial disclosures (GFE and HUD-1)
•Coordinates with various departments within the Bank to resolve any inconsistencies in loan data and recommends changes as warranted that will ensure the efficiency and accuracy in reporting of HMDA data.
•Maintains a good working knowledge of the requirements of the Home Mortgage Disclosure Act (HMDA) to assist in preparation and maintenance of the loan application register (LAR).
•Stays up-to-date with the bank's lending practices and procedures in order to perform a thorough and accurate comparative loan analysis.
•Assists as required with regulatory exams and internal audits.
•Perform geocoding, data quality and validity checks, and address exceptions with the applicable line of business.
•Audit Chapter 7,Chapter 13 bankruptcy loans for accuracy
•Utilize systems to locate supporting material to substantiate facts in documents provided by firms
•Provide an analysis and breakdown of financial figures
•Evaluated remediation of findings relating to Proof of Claims, I series, Lender Processing Services (LPS), Bankruptcy Automated Processing System (BAPS)
•Audit Proof of Claims from Aacer and compared the POC with the National Data Center (NDC) claims, Escrow, post and prepetition payments, amortization schedules for accuracy
•Stays abreast with federal consumer protection regulations including, Mortgage Consent Orders, National Mortgage Settlement, Bankruptcy Code, FDCPA, Fair Lending, State laws impacting default mortgage servicing, Loss Mitigation and Bankruptcy
•Audit and validate default/ liquidation process for all GSE and non- GSE loan transactions to ensure compliance with organization policy and procedures, federal/ state guidelines and investor regulations. Identify and report areas of financial risk and exposure.
•Performing audits of foreclosure postponements to ensure compliance with internal company, investor and government requirements.
•Examine residential loan documentation for accuracy, and compliance with appropriate company and secondary market investor standards.
•Evaluates credit decisions for accuracy based upon established risk parameters and in accordance with policy, program, and product guidelines. Provided feedback to business partners as appropriate.
•Assists with fraud detection and prevention. Audit underwriters for accuracy, competence and completion in accordance to policy and procedures
•Responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products.
•Audit files completed by less tenured underwriters, researching different conflicts associated with the loan and developing a resolution.
•Ensure accounts are properly documented with actions taken and correspondence. Ensure compliance with all state and investor requirements.
•Utilizes business applications and appropriate technology to perform routine activities. Maintains and adheres to internal operational controls and ensures they meet company standards.
•Responsible for timely processing of activities & responsiveness of alerts to ensure Foreclosure Timeline Management is met.
Prepared loan file for initial underwrite from a variety of mortgage loan products including FHA, VA, Bond, USDA, and Jumbo. Calculated income on both S/E and W-2 borrowers. Reviewed all schedules of tax returns to calculate declining income and rental income if applicable and validate to tax transcripts. Ordered and review appraisals prior to submittal to senior underwriter. Ordered and review title commitments. Ordered Subordination Agreements if needed. Reviewed purchase agreements. Analyzed AKAs, credit inquiries, and addresses for fraud. Re-disclosed GFE/TIL after lock extension or fee change and completed COC to ensure files were in compliance with RESPA guidelines.
Four-time top funder for 2006 and Top Funder of the Year. Originated mortgages loans in FHA, A-paper, sub-prime, and jumbo products from inbound lead sources in a mortgage banking environment. Handled and processed credit reports on clients. Prepared RESPA packets; collected all required documentation for files prior to submittal. Ran files through DU/LP. Pre-processed files before submitting to Processing. Hosted, and/or co-hosted seminars and training sessions on loan and lender programs. Created and executed measurably effective marketing strategies to further client prospecting activity and expand growth.
Certified Loan Officer (Champion Real Estate School) NMLS#1119550
Certified FHA Loss Mitigation Specialist (NAMP-CFLMS) – National Association of Mortgage Processors
Certified FHA Credit Examiner (NAMP-CFCE) – National Association of Mortgage Processors
Star of Excellent Award
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