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Mortgage Underwriter

United States
June 07, 2011
Contact Info:

Thomas A. Bishop

Phone: (770)***-****

Summary of Qualifications

** ******** ***** ** ******* underwriting experience in residential conventional and commercial loans.

Detailed knowledge of processing, both automated and manual underwriting.

In-depth knowledge of conventional, conforming, Non Performing, and Fraud Investigation.

Knowledge of real estate values and appraisal analysis

Good mathematical skills and proficient computer skills.

Excellent verbal and written communication skills with ability to meet deadlines in a timely manner.

DU, LP, LIS, LPS experience.

Exceptional ability to analyze policies, procedures and guidelines to maximize productivity and protect the level of risk desired.

Proficient in Word, Excel, Outlook, Internet and familiar with LexisNexis, AVMs and other fraud online research tools.


Sr. Underwriter Mediation Modifications

Home Lending/Default

September 2010 to Present

SVS/JP Morgan Chase Jacksonville, FL

Responsibilities include reviewing, assessing and reporting on a wide range of work product, quality issues and various tests from accounts that have identified as a special project or have been requested through Chase Legal Counsel.

Met and exceeded company standards for production quantity, performance quality, timeliness and accuracy of work product reporting.

Restructuring, modifying or loss mitigations of mortgages secured with residential property that qualify under the U. S. Treasury Department Home Affordability Modification Program


Telephonic mediation with Attorneys, Mediators, Judges, and borrowers with defaulted mortgages for equitable solution to avoid foreclosure.

Mortgage Modification Second Level Reviewer

September 2009 to September 2010

Remedy/Wells Fargo Home Mortgage Tempe, AZ

Responsible for reviewing, analyzing, approving and underwriting large, unusual or complex

individual consumer requests and products within company and industry guidelines.

Dependent on division and complexity of underwriting, functions may include reviewing financial statements, credit reports, and applicable ratios(i.e. Debt ratios, loan-to-value);

Evaluating; examining transactions to ensure accuracy and completeness;

Preparing formal reports for review; ensuring that documents are consistent and uphold to company and industry guidelines;

Implementing fraud detection techniques, performing compliance reviews;

Assisting with re-negotiations of loans based on lending guidelines;

Contacting customers and partners to gather information to make appropriate decisions, explain

rationale behind credit decision.

Senior Underwriter

June 2009 to August 2009

Remedy/Wells Fargo Home Mortgage Billings, MT

Underwrite submitted loan files to approved investor guidelines

Pipeline management of underwriting files at least 8 files and 16

recons a day and signing off on conditions.

Delegation of $417,000 with the future potential of having $1,000,000 delegation lending authority.

Run proprietary AVM to check the appropriate values of our properties, prior to selling to investor.

Responsible for reviewing, analyzing, approving and underwriting conforming consumer requests and products within company and industry guidelines.

Evaluating and ensuring overall loan documents are accurate, complete, and compliant; reviewing of financial statements, credit reports, applicable ratios (i.e. Debt ratios, loan-to-value) and other supporting documentation; using an automated scoring system or traditional underwriting to determine acceptability of moderate requests.

Senior Underwriter/Compliance Officer

February 2001 to June 2009

Associated Mortgage Consultants, Atlanta, GA

Responsible for underwriting and evaluating residential mortgage applications originated by a variety of branch offices.

Evaluate the credit and property documentation on loan files so that appropriate decisions are made as to the acceptability of the investment risk.

Approved, declined, or suspended residential mortgage loan submissions based on a full credit underwrite.

Review closed loans for eligibility with respect to Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with lender partners.

Perform risk analysis and make decision regarding deficiencies identified during the review process.

Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that are identified.