Management Process

RESUME

Mob- 965-***-****

ARUN KUMAR

Email: ************@*****.***

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OBJECTIVE

My Quench for the knowledge and its implementation would always remain

mortal through out my life in favor of the organization. Interested to

pursue a career in an organization of repute where my personal goals and

the organization share such a close symbiotic relationship, that I feel

nurtured and improved as much as the organization is by me.

EDUCATIONAL QUALIFICATIONS:-

. 1996-1997 Senior Higher Secondary International School of

Islamabad, Pakistan,

. 1997-2000 B.A. English Honours Kirori Mal College, Delhi

University .

WORK EXPERIENCE :- ( TOTAL 9 YEARS OF EXPERIENCE)

PRESENT

COMPANY NAME: Oracle Financial Services BPO Ltd.

DLF Infinity Tower A, 3rd Floor,DLF Cyber City, Phase II, Gurgaon 122 002,

Haryana, India

Tel: +91-124-***-**** Fax: +91-124-***-****

FROM DEC. 2006 TO TILL DATE

DESIGNATION- Quality Specialist

JOB PROFILE-

Legal Search Compliance Review Process(LSCR)

. Monitor/Audit sample size calls/processing and provide feedback to

associates based on their performance

. Audits records of lending departments to ensure proper underwriting,

funding and closing of loans. Reviews loan files to ensure

documentation and the terms of the loans are in compliance with all

Freddie Mac And Fannie Mae guidelines

. Conduct Training Sessions, provide floor support, and download updates.

. Involvement in Calibration sessions with internal and external Quality

Team-tracking QA scores according to client SLA's

. Track changes in process requirements-updating SOP, create Job Aides,

maintenance of course material.

. Ensure file meets underwriting guidelines.

. Review & collect underwriter conditions and submit conditions for

underwriting approval.

. Preparation of reports, Analysis of data on a daily basis-inform red

flags.

. Review title requirements, exceptions, and other information obtained

for accuracy, completeness, and conformance to Freddie Mac and Fannie

Mae guidelines.

. Analyze credit reports, appraisal, paystubs, tax transcripts, income

and assets, disclosures, HUD1, 1003 order title, MI and appraisal, if

applicable.

. Set up file, review documentation in loan system or enter the data into

the loan system.

. Complete required checklists/worksheets.

. Obtain additional documentation needed from all sources.

. Prepare closing instructions and review required loan documentation and

HUD-1 for accuracy.

. Review loan system and documentation in file returning to underwriting

. Close out loan on system, scan file and deliver files to Post Closing.

. Review and respond to exception reports, internal and external audits,

as required.

. Maintain awareness of all legal regulations relating to processing,

underwriting and closing

. In Depth knowledge of mortgage banking, loan origination, processing,

escrow analysis delinquency management, loss Mitigation Management, ARM

Analysis, Investor Reporting, Bankruptcy Management, Foreclosure

Management

PREVIOUS PROCESSES-

> Home Retention Team-Repayment Plan Process (RPP)

. Recommend Repayment Plan to the borrower to help get out of the

delinquency.

. Setting up and breaching RPP plan on client interface.

. Send Forbearance Agreement Letters, Null and Void Letter and Breach

Letter to the borrower.

> FORECLOSURE PROCESS

. Analyzing the mortgage loans, which are in delinquency.

. Verifying the foreclosure documents like NOI, Hud1, Title Policy, Title

Commitment, Mortgage note, Payment History & send the docs to the

respective attorneys, as per requirement for Foreclose the Loans.

. Verifying the Motion for Relief (MFR) POC loan status and dispatching

related docs for Bankruptcy.

> LOAN SETUP PROCESS

This is the Origination & Processing step of Mortgage Loans & Setup the

Loans which are fulfilling the conditions to setup. Checking the Broker

License for the Subject Property State, Credit score, Legal description,

Land value, Appraisal Report & Fee according to AHMSI Rules and

Regulations

PREVIOUS COMPANY

FROM NOV 2002 TO DEC 2006

COMPANY NAME-COMPETENT SOFTWARE PVT.LTD

(***.****@*****************.***)

DESIGNATION- RESEARCH ANALYST

JOB PROFILE- Worked in FTS (First American Tax Service) project. It is

basically for ATSU (Accelerate Tax Set Up) research process. ATSU is an

automated tax line building service that interfaces with both loan

origination and servicing platforms. It offers an accelerated search for

the required agencies, tax IDS, and last available installment amounts

with customized output that can be uploaded to front-end or servicing

system. Also including mortgage process, property and map report. All the

reports and documents are researched on online through online locator

system PLS (Property Locator System), It is for Locating missing tax bills

for payment, and as a research tool to answer borrower questions. Tax data

research issues can also be resolved using the tax collector records

provided.

PERSONAL QUALITIES & SKILL

. Teamwork ability & self-driven approach, hardworking

. Ability to Coach and provide feedback

. Determinant about attaining the goals

. Focus on minute details of the work

. Excellent MS Office Skills

Essential Details:

Date of Birth: 24th Feb 1978

Father's Name: Mr. Daya Ram

Sex: Male

Nationality: Indian

Marital Status: Single

Languages Known: English, Hindi

Address: A-106, Meethapur Extension Part II, Street no.2,

Badarpur, New Delhi, Pin code 110044.

Hobbies: Listening music, writing and Gardening and horticulture

Strength: Always optimist, Believe in positive thinking & hard work.

Notice Period: 1 month notice period.

Declaration:-

I hereby declare that the information given by me is true to the best of

my knowledge.

Date: July 1, 2012

Place: New Delhi

Arun Kumar

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