Real Estate High School

K athy Todd

***** *. ******* ******

Gardena, CA 90247

Home: 310-***-****

Cell: 310-***-****

E-mail: *****.******@*****.***

Professional Overview

Commercial Loan Processor combined with the experience of a Loan Closer for over 15 year.

T wenty-nine years of knowledge working in the banking industry, within a fast-paced business

operational setting. Proficient skills set in Home Mortgage Loan Processing. Recent completion of

course works for Home Mortgage Loan processing.

Summary of Skills

• Highly organized with attention to detail

• Effective liaison between department, clients and vendors

• Proficient with M icrosoft Window; Excel; Outlook and basic In ternet Browsers experience

• Loan Documentation and preparation experience, with Commercial Real Estate and Home

Mortgage

• Maintain compliance with Notice and Disclosure Requirements

• Boarding and processing systems: McCrakken Loan system, Edge and Status Smart

• DU system Clues underwrit ing system

• Efficient filing/documenting system and customer database protocols

• Maintain a Pipe Line Report to Management on status update on open, withdrawn and

canceled loans for compliance with Regulatory requirements

Madison Capital Group, Los Angeles, CA

Mortgage Loan Processor

July 2012 to February 2013

• Commercial Loan Processing, Application intake via phone calls and in-person

• Request and review Borrower Entity Documentation documents etc. (Limited Liability Companies; Trust and

Partnerships

• Collect and review Bank statements, and pay stubs and Assets documents,and rent rolls

and Tax Returns, request verification of employment

• Financial Statement for Borrowing Entity/Tax Returns and K-1’s for Borrowing Entity and

Rent Rolls and Operating statement

• Review application and income documentation for completeness

• Follow- up on missing documentation and request additional information if needed

Bank of America, Brea CA

Loan Processor

February 2012 to May 2012 (Temp Assignment)

• Review Loan Application, confirm terms with Borrower

• Review GFE and compliance documents for completeness

• Order Appraisal, and review Title policy

• Collect i tems listed on underwri ter need list, and review and clear i tems

• Upon completion of the need list file is return to underwri ter for final approval, once final

approval loan file is sent the closing department

Citibank, N.A- Glendale, CA

Senior Loan Closer /Processor Commercial Real Estate

June 2005 – March 2010

• Review Loan Approval Memorandum for compliance and outstanding documents requirements,

for Loan Originations, Assumption and Modifications. Order and review loan documents

according to loan approval and terms. Order and review ALTA preliminary title report. Review

Borrower Fire and Causality Insurance and Liability Insurance for compliance. Review and

settle any Escrow issues.

• Review application and income documentation for completeness

• Review and obtain organizational documents for Borrower entity

• Monitor entire funding progression by: Send documents to Escrow Company to review, and

schedule document signing. Upon receipt of executed loan document, send document to Title

Company for review and set loan funding date. Send outgoing wire to Title Company and

confirm recordation

• Preformed cash control functions for various custodial reporting, remittance and reconciliation

according to agency (e.g. Fannie Mae, Freddie Mac) guidelines

• Balance HUD-1 statements, and Good Faith Estimates according to Regulatory guidelines,

P reformed various reconciliations based on portfolio requirements that pertain to balance, rates,

fees, and reviewing key reports and loan documents for accurate loan setup. In addition, to

servicing specifications for new loan products

Citibank

Senior I ncome Property Loan Workout Coordinator

March 1994- June 2005

• Managed a portfolio of delinquent loan for 750M and below

• Request publication to T rustees Sale agent ( e.g., Notice of Defaults and Publication)

• Prepared Foreclosure Bid Instruction

• Request Legal Receivership Action and Forbearance Agreements

• Issued Reinstatement and rescind foreclosure action

Citibank

Senior Teller

February 1981 to March 1994

• Open New accounts

• Ordered and verified Cash from the Federal Reserve Bank

• Opening and closing of Safe Deposit Boxes

• Branch Balancing and ATM machines

Education

West Los Angeles Community College

June 2010 – Present

David Starr Jordan High School

September 1971 – June 1974

H igh School Diploma

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