Manager Sales

Cindy E Sides

**** **** *** *****, ******** City, MD 21042

C: 443-***-**** ( H: 410-***-****

ablukq@r.postjobfree.com

Mortgage and Finance Professional

Loss Mitigation--Underwriting--Loan Audit--Due Diligence

Decisive senior credit analyst with comprehensive expertise in mortgage

loss mitigation, underwriting, loan audit and due diligence. Solid manual

underwriting background. Strong technical knowledge of FNMA, FHLMC, and

FHA. Proficient with automated underwriting systems (DU, LP, and CLUES).

Experienced in agency and non-agency paper, first and second liens.

Seasoned mentor to employees, consultants, and third party vendors. Proven

team player or valued independent contributor. Enjoys relationship

building and collaborating on cross channel initiatives. Comfortable in

paperless work environment. Works under limited supervision. Windows,

Excel, and Lotus experience. Available for on-site, travel, or telecommute

assignments.

Core Competencies

Risk Management -- Staff Development and Training -- Process

Enhancement and Re-engineering

Professional Experience

Clayton Staffing Services, Shelton, CT 12/2008 - 6/2010

CONSULTANT / SENIOR DEFAULT UNDERWRITER FOR FREDDIE MAC CONTRACT

. Audited non-performing first lien mortgages. Ensured quality and

integrity of seller underwriting decisions. Included review, re-

verification, and investigation of credit, title, and servicing files.

Determined collateral acceptance and value. Monitored trends and

deficiencies tracked and reported results.

. Wrote repurchase letters, made contract exceptions, and accepted loans

with minimal contract variances using Freddie Mac master

agreements/commitments and seller technical manuals to support loan

decisions.

. Mentored other consultants and third party vendors. Maintained loan

and vendor feedback data bases. Worked remotely.

Mortgage Consultant, Baltimore, MD 5/2006 - Present

. LONG TERM DATA QUALITY AND DATA MANAGEMENT PROJECTS FOR CLIENTS THAT

INCLUDED MORGAN STANLEY, AIG, AND UNITED GUARANTY. THREE MAJOR AREAS

OF CONCENTRATION.

. Loss Mitigation - Audit non-performing first and second liens. Review

and verify credit. Research public records (Lexis-Nexis/Accurint).

Determine collateral value with review appraisal, AVM, or BPO.

Identify data integrity issues, factual misrepresentations, and

potential fraud. Prepare remedy letters.

. Underwriting - Analyze and evaluate credit and appraisal data. Use

risk mitigation tools (DISSCO, MERS). Approve, deny, or counter offer

loan terms. Positively resolve investor due diligence questions to

facilitate timely loan purchase.

. Due Diligence - Perform data integrity and compliance analysis.

Critically review origination and closing docs. Prepare loan

narrative noting primary risk elements that impact salability,

pricing, or other contract terms. Compile corroborating facts for

client rebuttal. Consistently produce quality work within strict

time constraints.

Washington Mutual Bank, Lancaster, PA 4/1997 - 4/2006

ASSISTANT VICE PRESIDENT / SENIOR CREDIT RISK ANALYST (6/2004 - 4/2006)

. Lead analyst in first of 16 hubs to pilot new national review process

that improved overall portfolio credit quality. Worked one-on-one

with operations, underwriting staff, and sales. Helped develop and

implement individual training schedules. Efforts increased credit

quality by 15% in region.

. Audited loans to insure credit policies were understood and

consistently applied. Accurately recorded review results in data

base. Suggested corrective actions, if warranted. Provided feedback

to Credit Policy. Results influenced many of the bank's national

policies, including minimum credit standards.

. Assisted in recommending risk signature grades and rankings for

underwriting and operations staff.

. Earned The Elite Group Award, 2005 (ethics, respect, teamwork,

innovation, excellence in work product).

. Authorized for individual loan signature to $5M and aggregate to $6M.

Senior Underwriter (4/1997 - 6/2004)

. Specialized in highest risk and most complex transactions ($1M+

transactions, affordable lending, non-traditional credit, limited doc

loans, and policy or parameter exceptions). Completed automated and

manual loan reviews. Partnered with Capital Markets Pricing Group to

insure loans were priced accurately.

. Led collaborative effort with internal and external business partners

to establish and maintain constructive working relationships.

Professionally communicated underwriting results (verbal and written).

Trusted resource for business partners. Actions cultivated loyalty,

reduced turn time, and positively impacted loan pull through rates.

. Earned Do the Right Thing Award, 1999 (recognized ownership, speed,

and teamwork).

. Authorized for individual loan signature to $1M.

North American Mortgage, Columbia, MD 2/1994 - 10/1996

SENIOR MORTGAGE UNDERWRITER

. Selected as lead underwriter for highest producing broker in Mid-

Atlantic region. Worked on-site in broker office. Emphasis on first

time homebuyers using FNMA, FHLMC, FHA, VA, Farmers Home, and conduit

loan programs.

. Successfully completed multiple FHA Master Appraisal Reports (MAR) for

new construction project approval.

. Authorized for individual loan signature to $500,000.

Prior Mortgage Experience

Mortgage Operations and Processing Manager, 5 years

Mortgage Loan Officer, 2 years

Residential New Construction Sales Manager/Real Estate Sales Associate,

2 years

Wholesale, Retail, and Correspondent Lending

Education and Other Achievements

FHA Direct Endorsement Underwriter

Pennsylvania State Trooper

Bachelor of Arts - Shippensburg University, Shippensburg, PA

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