Marc E. Israel

Rockville, MD *****

Cell: ***- **6-7043

ad0nu2@r.postjobfree.com

OBJECTIVE

Strong desire to obtain a position that requires logical assessment, stern analytical and critical thinking, detailed yet consistent communication, crucial time management, organizational skills and team participation MORTGAGE CERTIFICATIONS

SAR ID: 023624 CHUMS ID: GM24 NMLS # 939814

QUALIFICATIONS/SKILLS

Lending & Underwriting Guidelines Credit & Income Analysis Risk Assessment Loan-to-Value Ratios Debt- to- Income Ratios Conventional & Government Mortgages Conforming & Nonconforming Loans Manual Underwriting Remote Underwriting VA Appraisal Review Technical Writing Proficient with Encompass360, Calyx Point, Lenders Office, UniFi, Empower, DU/LP, MAVENT, Microsoft Word, Excel, Outlook

EXPERIENCE

Hometown Lenders, Inc., Huntsville, AL

Underwriter III May 2022–November 2022

• Recruited by and exclusively serviced the Mokena. IL group, the highest producing branch for this national lender to work remotely

• Branch Underwriter in a fast paced, high volume, heavily structured environment responsible for conducting systematic and independent reviews of Conventional and FHA loans with a major focus on purchases and first-time purchase loans

• Issued Conditional Loan Approvals to enable the collection and review of borrower documentation to satisfy investor guidelines and government requirements

• Issued Final Loan Approvals on mortgage loan applications and sent loan packages to the Closing departments fully ready to be shipped for purchase

• Top three in production among all company Underwriters after first month in training

• Worked with Quality Control personnel to ensure company responses are effective and efficient resulting in closed loan purchases

The Mortgage Link, Inc., Rockville, MD

Underwriter April 2020 – April 2022

• Focal point of a branch transformation for a former non-Delegated Underwriting Lender to an in-house Delegated Underwriting Lender training new team members on workflow processes

• Branch Underwriter in a fast paced, high volume, heavily structured environment responsible for conducting systematic and independent reviews of Conventional, VA and FHA loans with a major focus on purchases and first-time purchase loans

• Issued Conditional Loan Approvals to enable the collection and review of borrower documentation to satisfy investor guidelines and government requirements

• Issued Final Loan Approvals on mortgage loan applications send loan packages to the Closing departments fully ready to be shipped for purchase

• Assisted Closing department to create document specific automated stacking orders for shipping, assisted in post-closing resolution until a department was formally created

• Adapted Encompass/Ellie Mae platform for specific branch needs reviewing Conventional and VA files with a split focus on purchase and refinance loans

• Worked with Quality Control personnel to ensure company responses are effective and efficient resulting in closed loan purchases

Navy Federal Credit Union, Herndon VA

Underwriter III May 2017 – March 2020

• Focused on Conforming, Portfolio, VA and Equity loan credit application analysis, full doc review, with full Underwriting authority, Self-Employed Borrower analysis and VA LAPP reviews for a national, full- service mortgage lending firm with a major focus on serving the credit union membership.

• Created “The Bridge”, an empowered interdepartmental meeting platform reporting to management focusing on the culture of communication, shared best practices, most reliable NFCU intranet assistance and shadowing vs retraining. Platform approved for further interdepartmental integration due to the logical approach of sharing effecting workflows and addressing common areas of concern

• Served on “The Bridge” committee addressing interdepartmental pain points, redefining rushes and revamping the submission templates.

• 2019 Annual review exceeded expectations in volume, quality control and communication skills, awarded 18% (of salary x125%) bonus.

• Ensure Quality Control responses are effective and efficient in satisfying FHA, VA and internal audits

• Issued Conditional Loan Approvals to enable the collection and review of borrower documentation to satisfy NFCU guidelines and government requirements

• Issued Final Loan Approvals on mortgage loan applications send loan packages to the Closing departments fully ready to be shipped for purchase First Guaranty Mortgage Corporation, Tysons Corner VA Remote DE Hybrid-Underwriter, November 2015 –February 2017 DE Hybrid-Underwriter, August 2013 – November 2015

• Specialized in retail FHA Streamline, VA IRRRL and Conventional mortgage applications for a national, full-service mortgage lending firm with a major focus on refinancing current sub-servicer portfolio.

• Completed assigned project for creating and updating the Standard Operating Procedure Manual for Servicing Center Division (SCD) Hybrid Underwriters.

• Issued Conditional Loan Approvals to enable the collection and review of borrower documentation to satisfy investor guidelines and government requirements

• Issued Final Loan Approvals on mortgage loan applications send loan packages to the Closing departments fully ready to be shipped for purchase

• Closed up to 94 loans per month, top producer in underwriting loans and closing conversions.

• Passed the NMLS SAFE MLO Test National Component with Uniform State Content on 2/10/2016 to become only FGMC NMLS licensed Underwriter on platform in the state of Kentucky, state requirement.

• Created job aids as department grew from 2 to 15 Underwriters closing up to 848 loans monthly.

• Created and shared a pipeline management system implemented across all FGMC retail departments.

• Trained current SCD Management on FHA Streamlines and VA IRRRLs product workflow processes First Choice Loan Services, Rockville, MD

DE Underwriter, September 2012 – July 2013 Processing Manager, July 2012 – September 2012

• Underwrote Fannie Mae DU Refi-Plus, Freddie Mac Open Access and FHA credit qualifying streamlined loans per agency guidelines and investor overlays with little to no QC issues for branch previously originating only true FHA Streamlines loans.

• Oversaw production and simultaneously orchestrated the sale of a large quantity of unsold branch loans, working directly with Bank of America and Wells Fargo, sharing insight on QC issues with Branchand Corporate management.

• Issued Conditional Loan Approvals to enable the collection and review of borrower documentation to satisfy investor guidelines and government requirements

• Issued Final Loan Approvals on mortgage loan applications send loan packages to the Closing departments fully ready to be shipped for purchase

• Successfully adopted both Branch Post-Closing and Branch Shipping responsibilities from our corporate offices utilizing both Encompass360 LOS and branch database. Aurora Financial, Vienna, VA

Processing Manager/Senior Processor, June 2010 – June 2012

• Managed direct lender pipeline of up to 95 monthly closed loans and over 30 million dollars in monthly volume. with incredible loan purchase results

• Reviewed appraisals for compliance, completeness and accuracy prior to Underwriter submission.

• Attained highest monthly totals by Pre-Underwritng all loans and working directly with Sr. Underwriter working remotely.

• Created, installed and managed Quality Control methods reducing shelf life of unsold loans and ensuring compliance.

• Managed Processing personnel, company and personal pipelines, and acted as primary conflict resolution person for all customer relations during all phases of the loan process.

• Upgraded electronic file tracking utilizing untapped Lenders Office Custom reporting and E-docs technology already in place allowing for multiple user file interface.

• Created and managed the paperless file flow allowing company growth through pipeline and file transparency.

• Supported Operations and Sales in loan, file flow and other IT matters. EDUCATION

Ithaca College, Ithaca, New York

Bachelor of Science, Business Management

Majored in Business Management

Minored in Applied Writing

VOLUNTEER WORK

2015-2016 Luxmanor Elementary School - Variety Show Chairman 1998-2006 Fairfax County Boys 14-15 Select Travel League - Arlington County Assistant Coach

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