Quality Control Mortgage Loan

Donna Malenchak

Myrtle Beach, SC • 704-***-**** • ad5dt9@r.postjobfree.com

Senior Mortgage Underwriting Specialist

Mortgage Loan Underwriting Strategic Initiative Development FNMA/FHLMC Guidelines Proficiency

Distinguished and highly resourceful professional with 14+ years of impeccable financial analysis while consistently ensuring compliance with industry regulations and enhancing loan integrity. Proven record of leading underwriting teams to top production scores, underpinned by robust quality control measures. An influential leader committed to fostering collaborative environments, continuous improvement, and strategic initiatives to deliver outstanding results for prestigious financial institutions. KEY STRENGTHS

Risk Mitigation Strategies

Credit & Property Analysis

Regulatory Compliance

Complex Income Analysis

Loan Processing Efficiency

Customer Service Excellence

Cross-functional Leadership

Problem Resolution

PROFESSIONAL EXPERIENCE

DU/LP Systems Proficiency

Financial Statement Analysis

High-Volume Workload

Quality Control Adherence

Leader Bank, Arlington, MA • Underwriter 2021 – 2022 Spearheaded the underwriting of first mortgages and home equity lines of credit while confirming compliance with FNMA/FHLMC, MI, and Investor guidelines. Conducted thorough income analyses, including self- employment cases, assets, credit, and property for conventional loan files. Adhered to strict timelines set by departmental administration for loan file processing.

Ranked among the top 3% for volume by maintaining high production standards and quality control scores.

Led excellence in decision-making for loan applications, aligning with investor criteria and ensuring regulatory compliance across all transactions.

Streamlined the communication process, resulting in improved coordination with Loan Officers and Processors that contributed to the expeditious closing of loans. 1

Managed a substantial workload by performing income and asset verifications within the deadlines.

Loan Depot, Foothill Ranch, CA • Underwriter 2020

Analyzed a range of critical financial documents, including collateral, title, and credit reports. Executed precise income calculations necessary for loan structuring and approval processes. Upheld compliance with company policies, federal and state regulations, and secondary market investor requirements. Orchestrated coordination among title companies, real estate agents, and mortgage professionals to expedite loan closings.

Achieved compliance with investor criteria and regulatory mandates across all mortgage applications, certifying zero deviations from established policies and guidelines.

Enhanced loan decision efficiency by employing rigorous analysis and due diligence in the evaluation of mortgage applications, setting a standard for excellence within the underwriting team.

Genworth/Headway, Raleigh, NC • Underwrite 2019 –

2020

Conducted analyses of financial statements, collateral, and title documents alongside evaluations of credit reports. Determined borrower incomes and performed additional required analyses to support the structuring and approval of loans. Sustained strict compliance with company protocols, government regulations, and secondary market investor requirements. Interpreted and applied State and Federal regulatory directives to uphold the integrity of the mortgage lending process.

Championed the seamless approval of mortgage loan applications via an advanced level of due diligence, attaining a high rate of approval and investor satisfaction.

Decreased non-compliance incidents adhering to established policies and procedures.

Elevated the standards of loan structuring and approval by leveraging underwriting principles.

Clayton/Radian, FL • Underwriter 2017 – 2019

Performed underwriting in compliance with investor guidelines. Completed manual credit reviews and analyzed financial statements, collateral, and title documentation. Computed borrower incomes and carried out necessary additional analyses to verify the loan’s structure and approval.

Ensured the seamless sale of loans by reviewing closed files and validating them against secondary market investor criteria, resulting in consistent adherence to industry best practices.

Strengthened the loan approval process by executing detailed analyses of credit reports and financial data, which facilitated informed underwriting decisions and compliance with FNMA/Freddie Mac guidelines.

Genworth/Headway, Raleigh, NC • Underwriter 2016 – 2017 Underwrote first mortgage applications and conducted thorough analyses of financial statements, collateral, and credit reports. Performed precise income calculations necessary 2

for loan structuring and approval. Maintained strict adherence to company policies, government regulations, and secondary market investor requirements, guaranteeing all loans met established compliance standards.

Realized high-quality control scores through underwriting practices and loan file evaluations.

Demonstrated a keen understanding of state and federal regulatory requirements and investor guideline criteria, resulting in all loan decisions aligning with compliance mandates.

Wells Fargo, Charlotte, NC • Underwriter III 2014 – 2015

Spearheaded the resolution of complex loan applications by offering strategic restructuring solutions. Verified alignment with regulatory and investor standards and facilitated successful loan approvals. Carried out thorough analyses of financial documents, collateral, and credit reports, while implementing precise income calculations and additional analyses necessary for loan structuring and approval.

Provided expert guidance to loan officers and applicants, offering strategic advice to restructure loans for qualification within established guidelines and communicating the underpinnings of credit decisions.

Achieved high-quality control scores through meticulous underwriting, demonstrating an unwavering commitment to accuracy and diligence. Citimortgage, St.Louis, MO • Underwriter III 2013 – 2014

Undertook in-depth credit and property evaluations on a variety of mortgage loan files, including conventional- FNMA/FHLMC, non-conventional, and jumbo first mortgages. Governed the prompt examination of submitted conditions and re-evaluated loans to preserve workflow efficiency. Navigated complex loan scenarios to arrive at sound credit conclusions.

Validated adherence to management-defined schedules, handling the precise analysis and decision-making for a diverse range of mortgage loan files.

Processed conditions and loan resubmissions within established timeframes, ensuring customer satisfaction.

Developed and communicated alternative financial solutions when standard criteria were not met, resulting in expanding customer service offerings and preserving client relations.

EDUCATION & CERTIFICATIONS

WilliamPaterson University, Bachelor

of Arts in Political Science Montclair

State University, Paralegal Certification

Life Insurance Licensed in South Carolina

TECHNICAL PROFICIENCIES

3

DU (Desktop Underwriter)

LP (Loan Prospector)

Encompass Loan Origination System

All Regs (for reviewing or validating Fannie Mae, Freddie Mac, and investor loan guidelines)

4

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