Quality Control Real Estate
Resume:
JULIE S. BORDELON
Sparta, GA 31087
*********@**********.***
MORTGAGE LOAN UNDERWRITING
QC Review Underwriter (forensic) LPS Credit Risk
Solutions 6/2010 - 12/2010
. Quality Control second level reviews of files underwritten on behalf
of FNMA to identify repurchase opportunities. Re-verified and
performed additional research as required to support significant
findings. Reviewed, edited and drafted narrative responses with
appropriate documentation to support.
. Quality Control second level review of files underwritten for major
lenders to prepare responses to GSE repurchase demands. Re-verified
and performed additional research to support appeals or approvals if
appropriate. Reviewed, edited and drafted narratives with appropriate
supporting documentation.
. Analyzed files in a paperless environment for compliance with specific
program guidelines and automated underwriting findings (AUS) if
applicable. Applied traditional underwriting methods to determine
delivery eligibility for files outside of AUS compliance.
. Performed file research utilizing services such as Lexis Nexis, SiteX
and public records to support findings.
. Performed extensive research and drafted final narratives to respond
to GSE repurchase demands for more than 200 loans secured by
properties in alleged condo hotel projects.
. Conducted one-on-one training for new underwriters from first day of
employment until release into the production setting.
. Developed training materials and job aids for new project rollout.
Assisted with presentation of training for underwriting staff.
. Ten files per day average production volume.
Sr. Compliance Underwriter Republic Mortgage Insurance Company (RMIC)
12/1993 - 6/2002
. Analyzed credit, collateral, capacity and overall layering of
risk to grant mortgage approvals for high loan to value and
other complex cases such as self employed borrowers, investor
transactions and multi-family properties.
. Prepared and presented loan counteroffers as needed based on in
depth analysis of file strengths, weaknesses and compensating
factors while complying with established program guidelines.
. Strong experience in tax return analysis, identification of
fraud and misrepresentation and appraisal review.
. Extensive experience with Desktop Underwriter/Desktop
Originator, Loan Prospector and other proprietary systems such
as AssetWise, Clues and eMits.
. Conducted training for clients in tax return analysis, credit scoring,
loan origination and processing techniques and mortgage loan
fundamentals.
RLC Underwriter / Processing Center Manager Wachovia Mtg. Co.
2/1987 - 7/1993
. Underwrote loans originated by Wachovia Bank offices throughout
Georgia for compliance utilizing traditional underwriting guidelines.
Performed tax return analysis, appraisal review and prepared credit
counteroffers based on complete file review.
. Reviewed and approved prior to closing (PTC) conditions and executed
funding checks for all loans cleared to close.
. Managed operations for Georgia processing center with as many as 30
direct reports including loan processors, underwriters and support
staff.
. Supervised ongoing training and development of processing staff.
Prepared and conducted annual performance reviews.
. Conducted interviews and selected new candidates for underwriting,
processing and support staff.
. Obtained FHA Direct Endorsement certification.
ADDITIONAL RELATED EXPERIENCE
President / Mortgage Broker Marathon Mortgage
Company LLC 11/2006 - 9/2008
. Originated and processed a full range of first and second mortgage
loans.
. Packaged loans for delivery to wholesale lenders utilizing traditional
underwriting methods as well as Desktop Underwriter, Loan Prospector,
Clues and other lender proprietary systems. Enjoyed a 100 percent
approval rate utilizing strong underwriting skills and extensive
guideline knowledge.
. Marketed, developed and maintained a client base through a variety of
strategies including networking with business and civic groups, mail
out campaigns and business to business events. Supported a strong
referral base of clients.
. Ensured compliance with all federal, state and local regulations while
managing quality control and wholesale lender accountability
requirements.
. Monitored production pipeline for pricing and pull-through.
Loan Officer and Processor
Checkpoint Mortgage 6/2002 - 12/2006
. Originated and processed a full range of first and second mortgage
loans
. Packaged loans for delivery to wholesale lenders utilizing traditional
underwriting methods as well as Desktop Underwriter, Loan Prospector,
Clues and other lender proprietary systems. Enjoyed a 100 percent
approval rate utilizing strong underwriting skills and extensive
guideline knowledge.
. Sales and marketing to potential loan clients, counseling and pre-
qualifying applicants and facilitating loans from application through
closing.
. Processed loan applications for other loan officers.
Contracts Negotiator
Duffy Realty 11/2009 - 6/2010
. Reviewed and processed incoming real estate offers for a Top Five
listing broker in Georgia (over 1,000 active listings) in a paperless
environment.
. Presented all offers to listing clients and facilitated contract
negotiations between our office on behalf of our client and the
selling broker.
. Monitored the status of offers and counteroffers through binding
agreement.
. Facilitated additional negotiations as necessary related to home
inspections, appraisal deficiencies and closing / possession dates.
FHA Certified Reverse Mortgage Counselor Counseling
Reverse Corp. 4/2009 - 9/2009
. Conducted FHA mandated independent counseling by telephone to senior
borrowers considering a reverse mortgage utilizing established
protocols.
. Answered questions and analyzed information to assist borrowers in the
decision making process.
Reverse Mortgage Consultant Generation Mortgage
Company 12/2008 - 3/2009
. Received incoming live lead transfers from prospective reverse
mortgage applicants and converted those calls to loan application.
. Facilitated those loan applications through closing, coordinating with
borrowers, loan processing staff and closing agents.
GA Real Estate Sales Licensee #315257 (inactive)
Former GA Mortgage Broker licensee #21956
Professional references available upon request
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