UNDERWRITER Resume Irving, TX - Hire IT People

QUALIFICATION SUMMARY:

More than 5 years of Underwriting and Loss Mitigation experience with complete Conventional, FHLMC, FNMA, MHA, FHA, VA, and Whole Loans Underwriting designations and a full understanding of legal, regulatory, economic, viable, and technological environments which potentially influence mortgage lending programs.

EMPLOYMENT HISTORY:

UNDERWRITER 07/2012-current
Confidential, Bank of America

Receives, analyzes risk, processes, and monitors GSE (FNMA and FMLMC) and Non-GSE loans (Whole Loans, Investor, and FHA).
Review credit reports, 4506-T, bank statements, paystubs, profit and loss statements, tax returns, hardship letters, and modification forms.
Knowledge of AS400, LMA, SharePoint, Equator, LAMP, iPortal, Stewart, and Urban.
Perform income calculations using borrower provided data including paystubs, P & L statements, rental properties, award letters, all sources of income and tax returns, analyze credit report and financial documentation
Review final decision in underwriting process to decline or approve loan.
Audit loans to ensure the underwriters are following appropriate policies and procedures.
Frontline underwriting procedures include review of credit, income & asset documentation, identify excessive risk, fraud or misrepresentation of mortgage

UNDERWRITER 06/2008-05/2012
Confidential

Receives, analyzes risk, processes, and monitors GSE (Fannie Mae and Freddie Mac), non-conforming, and Non-GSE loans (Whole Loans, Investor, and FHA).
Review credit reports, 4506-T, bank statements, paystubs, profit and loss statements, tax returns, hardship letters, letter of explanation, loss mitigation, and modification forms.
Knowledge of debt to income ratio, loan to value ratios, operating procedures, and policies.
Knowledge of federal and state regulatory requirements.
Worked within MSP and many other systems to perform my job on a daily basis.
Audit loans to ensure the underwriters and processers are following appropriate policies and procedures.
Auditing and quality assessing of loan files, providing a predictive assessment for performance of loan files based on borrower capacity.
Knowledge of income and debt to income ratio calculations.
Examine residential loan documentation for accuracy, completeness, and compliance with appropriate company and secondary market investor standards

LOSS MITIGATION SINGLE POINT OF CONTACT 04/2007-05/2008
Confidential

Receives, analyzes risk, processes, and monitors GSE (Fannie Mae and Freddie Mac) and Non-GSE loans (Whole Loans, Investor, and FHA).
Convince delinquent customers to become current while using professionalism, tact and adhering to all applicable collection laws, FDCPA guidelines, and following policies and procedures.
Review credit reports, 4506-T, bank statements, paystubs, profit and loss statements, tax returns, hardship letters, letter of explanation, loss mitigation, and modification forms.
Answering incoming calls, make manual outcome calls, follow up with customers, and work out of a dialer system.
Educated customers and processed modifications, payoffs, attorney fees, short sales, foreclosures, repayment plans, bankruptcy, escrow, insurance, and reinstatements.
Knowledge of debt to income ratio, operating procedures, and policies.
Will be responsible for collecting and researching mortgage payments on current and delinquent loan accounts.
Worked within MSP, FISERV, and many other systems to perform my job on a daily basis.
Serves as a liaison between the underwriting group and borrower to clear any internal processing procedures.
Mortgage Servicing included escrows, cashiering, customer service, foreclosure and Bankruptcy.
Communicate approval or denial reasons to authorized third parties and borrowers.

SKILLS:

Lending and Underwriting Guidelines, Credit and Income Analysis, Cash-Flow Analysis, Risk Assessment, Loan to Value Ratios, Debt to Income Rations, GSE and Non GSE Loans, Adjustable Rate Mortgage, Funding and Documentation, Fiserv, MSP, Call Center, Due Diligence, Team Lead, AS400, LMA, LAMP, IPortal, HomeSaver, Stewart, and Urban, Microsoft Excel , Outlook, Word

EDUCATION:

Bachelor of Science

Master in Business Administration
Minor in Accounting

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Underwriter Resume

Irving, TX

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