Mortgage Professional with exceptional skill set, including Origination, Underwriting and post-closing audit. License Real Estate Broker for over 20 years. Excellent customer service skills, communicate effectively with all levels of management, team player and ability to prioritize. NMLS #1021890.
Signing authority to $417,000. Utilized AUS to underwrite purchases and refinances for single family residences, owner occupied properties. Calculated monthly income, Prepared cash flow analysis for investment properties, review 1065 and 1120's tax returns. Reviewed and responded to Fraud Alerts. Met daily production goals for underwrites and clearing conditions.
Audited residential loan files from multiple lenders that were previously underwritten, closed and sold that were being litigated and subject to repurchase. Audit files to verify that the Representations and Warranties were not violated, and that loans were underwritten according to investor product guidelines. Prepared written summation on each file for the management team.
Performed Forensic file review to comply with the Department of Justice and the Office of the Comptroller of Currency, Consent Order, regarding improper foreclosure, servicing and loss mitigation practices. Reviewed Deeds, Mortgages, Promissory notes, Endorsements, Assignments, Notice of Sale, Foreclosure Deeds, MERS and AACER to verify that the foreclosure process was conducted according to state and federal guidelines. Researched servicing records for misapplied payments, improper escrow practices and that borrowers were offered the available loss mitigation options that pertained to their situation, such as loan modification, short-sale, and deed-in-lieu.
Negotiated short sale with homeowners, authorized 3rd party and Investors. Prepared pricing recommendation for senior management. Fully responsible for managing a pipeline of over 100 files with short sale request from around the country. Analyzed purchase contracts, Title reports, BPOs, HUD-1 and other documents then prepared offer to homeowner or their representative. Reviewed all submitted documents to verify eligibility for HAMP or HAFA programs, and determine loss mitigation option.
Originated Government and Conventional real estate loans. Calculated financial ratios: LTV, CLTV and Debt ratio. Reviewed credit reports, purchase contracts, title reports and 1003. Analyzed asset statements, income documentation, tax returns, appraisals and HUD-1 to verify compliance with Investor's underwriting guidelines. Conducted pre-underwriting according to FNMA and FHLMC guidelines.
Drove the strategic growth and business development of the company. Fully accountable for originating FHA, FNMA and FHLMC loans for funding. Analyzed credit reports, bankruptcy filings, asset statements, tax returns and appraisals to meet investor and secondary market guidelines. Represented both buyers and sellers in sales transaction, including writing purchase contracts, counter offers, listing agreements and complied with Federal and State lending guidelines. Built a customer-centric business through insightful leadership and accountability, resulting in consistent revenue growth. Effectively collaborated with lenders, title officers, attorneys and Realtors to bring transactions to a successful close.
Licenses: Real Estate Broker, State of California. 1990 - Present
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