Stephen Danks

** ******** ****

Sewell, NJ *****

856-***-**** cell

acgsxt@r.postjobfree.com

Summary of Qualifications

Analytical and results-driven professional with extensive pro-forma and financial analysis experience. Exceptional background: in performing complex multifamily valuations, acquisition/land development property identifications, and due diligence investigations as well as market research of multifamily properties and submarkets. Detail minded with intense organizational and follow through skills. Proficient in Desktop Underwriter, Loan Prospector, OPUS, EMPOWER, CALYX POINT, LIS, LPS, CORE, MS Project 2007, MS Office, MS Outlook, MS PowerPoint, MS Excel. Highly experienced in Pre-Funding Reviews, ARM Audits, Quality Control Audits, Early Payment Default Reviews, HMDA Audits, Legal Compliance Reviews, Servicing Audits, DU, LP, FNMA, FHLMC Guidelines, FHA, VA, GNMA Guidelines, Loan Modifications (HAMP program).

Core Competencies Include:

• Broker/Consultant Support

• Debt/Equity

• Environmental Report Evaluation

• Contractor/Vendor Negotiations

• Training & Development

• Transaction Narratives

• Financial Analysis

• Key Account Relationship Management

• Conventional & Government Mortgages

• Daily Operations Management

Professional Experience

Capital One Home Loans (2013-Present)

Senior Mortgage Underwriter

• Carefully reviewed loan files to ensure thoroughness and compliance to applicable regulations and company policies.

• Directed exception approval for applications that violated conforming and non-conforming loan guidelines. Ensured excellent service to internal and external customers.

• Attained organizational goals pertaining to loan development, productivity, and quality.

• Use software to calculate interest rate, risk factors and statistics

• Carefully reviewed loan files to ensure thoroughness and compliance to applicable regulations and company policies.

• Directed exception approval for applications that violated conforming and non-conforming loan guidelines.

• Ensured excellent service to internal and external customers.

• Attained organizational goals pertaining to loan development, productivity, and quality.

• Documented lending decisions and complete required screens in the loan origination system that include accurate completion of the 1008 as well as adding and/or creating applicable conditions on the loan approval

• Communicated loan decisions to clients/internal departments in a timely fashion and ensure compliance deadlines are met with regards to pre-disclosures, approval letters, denial notices, and counteroffers.

• Worked closely with processing and/or account management to answer specific loan questions, to answer specific conditions or documentation requested and to resolve problems

• Consistently met or exceed established minimum productivity and quality goals

• Rework loans to offer new terms, identifying any additional conditions as needed to insure a viable credit decision Maintaining weekly reports of sales, revenue and sales

Wells Fargo (Home Mortgage) 2011-2013

Consumer Ln Underwriter 3

• Successfully managed a team of 30+ new underwriters in order to help them achieve their credit authority.

• Met and exceeded production goals every month which led to winning multiple awards as a top performer.

• Responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products within company and industry guidelines.

• Stayed on top of all Fannie Mae and Freddie Mac guideline changes in order to provide the most up to date and accurate files as possible.

• Maintain a high level of production while adhering to all Wells Fargo, Fannie Mae, and Freddie Mac guidelines and standards.

• Continuously maintain a high level of customer service by being proactive in communication with customers, which includes banking center associates, realtors, HMC's, etc.

• Provide both approvals and final approvals on files.

PHH Mortgage, 2009 - 2011

Underwriter

• Reviewed financial statements, credit reports, and applicable ratios (i.e. Debt ratios, loan-to-value) for accuracy and to determine there has been no fraudulent activity.

• Evaluated transactions to ensure accuracy and completeness while preparing formal reports for review and ensuring that documents are consistent and uphold to company and industry guidelines.

• Proven my ability to both underwrite and process files without any material findings which led to me being one of the first people in our branch to be taken off of audits and reviews.

• Contacted customers and partners to gather information to make appropriate decisions and explained rationale behind credit decision.

• Met or exceeded my goals every month

Mid Atlantic Capital Mortgage (2005-2009)

Branch Manager/ Underwriter

• Responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products within company and industry guidelines.

• Provided top notch underwriting analysis in order to ensure quality loan movement.

• Implemented fraud detection techniques, per formed compliance reviews and assisted with renegotiations of loans based on lending guidelines.

• Provided training to team of over 50 mortgage professionals.

• Led a team of 12 employees on a daily basis to ensure efficient response time between clients and management.

• Stayed current on all underwriting guidelines within Mid Atlantic Capital.

• Coached my team to be top producers in the branch which in turn led to our team meeting or exceeding goals on a monthly and yearly basis.

• Maintained all reports and activities required within the allotted time.

• Insured communication was accurate and effective between management and closing team.

• Provided guidance and assistance in the escalation process when needed.

• Gathered all necessary documentation in order to insure loans closed in a timely and efficient manner.

• Provided a clear and complete plan in order to achieve client's goals.

Education

1999 – 2001 Gloucester Community College Sewell, NJ

Business Administration

References

Available Upon Request

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