Quality Assurance Control

Al Sims

**** ***** ***** ****, *********, Texas *5134 214-***-**** /

*******@*****.***

SUMMARY OF QUALIFICATIONS & SKILLS

A financial professional with more than 7 years of experience risk

assessing, income/credit analysis and documentation review of conventional

and government insured loans.

Credit &Income Analysis Cash-Flow Analysis Lending and

Underwriting Guidelines

Debt-to-Income Ratios Loan to Value Ratios Loan Closing,

Funding & Documentation

Risk Assessment Quality Assurance Mortgage Auditing

Self-Management Problem Solver Analytics

PROFESSIONAL EXPERIENCE

Colvin Resources Group, Dallas, TX

Research Resolution Analyst / Quality Assurance

2013

. Provided expertise by reviewing, researching, investigating,

negotiating and resolving all types of appeals and grievances.

. Resolved an average of 75 inquiries in any given week. Consistently

met performance benchmarks in all areas (accuracy, speed & volume).

. Supplied customers with written responses and information and followed

up on customer communications.

. Audited business units for quality and accurate resolution.

Newbold Advisors, Bedford, TX

OCC Consent Order Researcher

2011 - 2013

. Examined foreclosed loans during the File Review and/or Claim Review

process, to determine if all required loss mitigation activities were

handled and documented in accordance with the requirements of HAMP,

proprietary modification or other program requirements (in effect at

the time of the Foreclosure process), prior to making the final

foreclosure determination.

. Reviewed and analyzed real estate appraisals, title policies and

purchase contracts to make certain that loan structure is in line with

the secondary markets; Fannie Mae, Freddie Mac and Government National

Mortgage Association.

. Audited and reviewed Closed Loan Files For Quality Control and

Compliance

. Completed Claim Reviews and performed Harm Evaluation according to

Promontory/OCC definitions: Determine if Borrower / Customer has a

valid claim. Determine if there was financial injury to the borrower

or the mortgagee.

Saxon Mortgage, Irving, TX

Loss Mitigation Specialist

2009 - 2011

. Front-line negotiator, facilitated loss mitigation and short sales via

written and verbal communication skills.

. Responsible for collecting and reviewing financial documentation (tax

returns, 4506-T, financial statements, profit and loss, etc.) required

on Judgmental, PMI, and specialty loans.

. Prepared records of loan, prepared loan modifications and obtained

required title endorsements.

. Assisted borrowers and third parties in loan modification program and

planned a repayment option as required.

. Mitigated losses on an average of $6 Million in UPB each month.

. Maintained a production level of at least 10-15 loans per day.

GMAC Mortgage, Dallas, TX

Loan Resolutions (Collections/Loss Mitigations)

2008 - 2009

. Responsible for collecting over $2.1 million per month for sub-prime

borrowers.

. Responsible for contacting delinquent accounts in paying their

mortgage payments.

. Formulated terms of the repayment, drafted stipulated repayment

agreements, modifications and insured that the initial terms and

conditions of the agreement were met.

. Evaluated the customer's financial information for ability, intent,

willingness, reason for default.

. Prepared referrals to attorney to begin foreclosure and monitored

attorney performance.

Rightstaff, Inc., Dallas, TX

Loan Modification Underwriter

2007 - 2008

. Reviewed credit applications, credit bureau information, collateral

valuation, tax returns, financial statements, and other supporting

documentation to determine repayment ability for the Home Affordable

Mortgage Program (HAMP).

. Analyzed consumer risk and find alternative solutions that meet

business and customer needs.

. Assisted staff with quality assurance, knowledge in compliance,

policies, laws and federal regulations and to ensure the safety of the

bank's assets.

U.S. Small Business Administration - Office of Disaster Assistance, Fort

Worth, TX

Disaster Loan Specialist

2005 - 2006

. Recruited as part of a work force of finance professionals to process

and underwrite Federal disaster loans to businesses, renters, and

homeowners physically or economically affected by natural disasters,

approving millions in disaster loans.

. Responsible for managing a large pipeline of loans under tight

deadlines including performing credit analysis on both business and

residential loans of up to $2 million for businesses and $240,000 for

residential loans.

. Verified occupancy, eligibility for different loan programs, and all

sources of income to determine debt to income ratios.

. Reviewed consumer and business credit reports and investigated various

credit issues such as Federal and State tax liens, judgments, Chapter

7/11/13 bankruptcies, and derogatory credit accounts which resulted in

sound underwriting decisions.

. Drafted loan authorization agreements establishing terms and

conditions, including collateral, use of proceeds, insurance

requirements, and other conditions of the loan.

. Reviewed files for completeness, eligibility, accuracy, and compliance

of standard operations and procedures.

. Secured loans with recorded deeds of trust/mortgages against real

estate.

. Modified approved loans for possible refinancing, increases,

relocation requests, and adverse changes.

. Maintained a production level of at least 7-10 loans per day.

Independent Loan Officer, Dallas, TX

2005-2007

. Promoted business by developing relationships with new and existing

realtors, borrowers and builders.

. Pre-qualified and interviewed potential borrowers.

. Provided information to borrowers and related parties about 1003

application, LTV, loan options, HUD-1, market conditions and other

requirements necessary to close the loan.

. Analyzed and reviewed new loan guidelines, updates, programs and

changes.

Drive Financial Services (Santander Consumer USA), Dallas, TX

Funding Analyst

2002 - 2004

. Analyzed applications for auto loan funding and followed company

credit policies and utilized internal risk scorecard in determining

credit worthiness of applicant

. Communicated with Dealer and Marketing Representatives on loan status

and resolution of issues.

. Ensured company service levels were upheld; completed decision process

within the designated period from receipt of application.

EDUCATION

University of Central Missouri, Warrensburg, MO

Bachelor of Arts, Economics

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