Real Estate Sales

CHEVETTE HUMPHREY-WADE

**** ******** ***** ( Grapevine, TX 76051972-***-**** (

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

Mortgage Banking Professional

Extensively experienced professional in mortgage origination, underwriting,

and servicing.

Underwriting(Competitive Analysis(Market Risk Analysis(Contract

negotiations(Loss Prevention.

PROFESSIONAL EXPERIENCE

Inglet- Blair/ JPMorgan Chase & Co. May 2010-Current

Imminent Default-Underwriter- Contract only

. Reviewed, analyze, and underwritten, imminent default loans, base on

HAMP program, base on US Department of treasury guidelines.

. Perform risk analysis and make decision regarding deficiencies

identified during the review process

. Identify transaction components that indicate a potential for fraud

and perform sufficient investigative work to resolve issues that are

identified

. Record data and review conclusions in QAS-Quality Assurance System

. Professionally communicate the results of file reviews both verbally

and in written format to internal and external customers

. Maintain a sound knowledge of Fannie Mae/Freddie Mac guidelines, DU

guidelines, and risk assessment tools used to decision mortgage loans

. Review closed loans for eligibility with respect to the Selling Guide,

DU Guide, and/or negotiated terms as defined by contracts with the

client's lender partners

MGC Mortgage, Inc. 07/29/2008 - April 20, 2010

Loss Mitigation Closer

. Worked with high LTV mortgage loss mitigation activities in a high-

volume servicing environment with a working knowledge of loss

mitigation, bankruptcy and foreclosure activities including Fair Debt

Collection Practices Act (FDCPA) and U.S. Bankruptcy Codes.

. Analyze collateral, credit, assets and income on modification

submissions.

. Made credit decision and pricing using standard government

underwriting guidelines.

. Researched borrowers originations docs, analyzed borrowers credit,

finances, debt to income, reviewed bops' comps, established if

borrower suffered a true hardship.

. Negotiated with 3rd parties, Attorneys, HUD counselors on behalf of

lenders to mitigate loss.

. Offer work out plans on 1st and 2nd mortgage liens.

. Manage a portfolio of clients with various degrees of delinquency,

using an advanced database management system to provide exceptional

customer service.

. Responsible for processing delegated loss mitigation cases resulting

from system constraints.

HLP Solution / Saxon Mortgage 12/07 - 05/15/08

Work Out Short Sales Specialist

. Worked closely with attorneys, realtors, or 3rd party companies to

negotiate short sales offers on 1st and 2nd liens, realtor's

commission, and fees on HUD.

. Executed offers between investors and buyer, monitored all short sales

approvals from start to closed and funding, reviewed final HUD.

. Negotiated to obtain the lowest loss severity as possible for the

company.

. Reviewed of the borrower's financial information

. Researched homeowners credit and original loan documents to eliminate

evidence any fraudulent activity.

. Use MortgageServ, DRP, short sales analysis, and Excel to assist with

the loss severity calculations as well as drafting the details of the

workout option recommended as applicable.

Humphrey Premier Homes & Mortgage, Inc 12/2005 - 12/2007

Net Branch Underwriter

. Reviewed loans for eligibility with the basis of to, Desktop

Underwriting guidelines, and/or negotiated terms as defined by

contracts with lenders and or partners.

. Performed risk analysis and make decision regarding deficiencies

identified during the review process

. Identified transaction that indicated a potential for fraud and

performed sufficient investigative work to resolve issues that are

identified.

. Accurately record data and review conclusion

. Professionally communicated the results of file reviews both verbally

and in written format to customers

. Maintained a sound knowledge of secondary market activity, practices

and business/industry practices as they impact underwriting quality

and origin

CARTERET MORTGAGE CORPORATION, 09/2002 to 012/2005

Net Branch Originator & Underwriter

. Originated mortgage loans from referral sources including but not

limited to: bank branch customers, existing clients and realtors.

. Used sound judgment and identified transaction that indicated a

potential for fraud and performed sufficient investigative work to

resolve issues that were identified.

. Coordinate all aspects of the mortgage application process

. Determine and recommend financial product and service solutions for

customers based on analysis of customer finances and customer's needs

and objectives.

. Communicated with different FHA, Conventional, lenders on different

products to offer my customer base

. Pre-underwrite and processed loan packages before submitting to

lenders to guarantee approvals via Desktop Underwriting, and or

manually underwritten.

The Michael Group Real Estate & Management Dallas, TX 5/2002-Current

Texas Licensed Realtor # 0496186

. Coordinate with borrower's agent, title companies, attorneys and

lenders to insure the timely closings of properties with my clients.

. Work real estate transaction from start to finish, including reviewing

HUD with clients prior to closing, present listing presentations to

potential clients.

. Prepared Comparable Market Analysis for client to offer highest

possible listing price

. Negotiated sale offers from Sellers as well as buyers.

. Executed listing agreements with clients, submitted offers to buy,

buyers representation agreements, etc., and listed properties in

Newspapers, Open houses, Netris, etc, for marketing.

. Represented buyer and Sellers as well as negotiated real estate

transactions.

. Total individual sales transaction 2002-2008 was 350 Homes

. Suggested new marketing strategies to increase sales volume, and

generate new clients.

EDUCATION & LICENSES

. 1994-1997 Paul Quinn College, Dallas, Texas Business

1998-2004 Dallas Community College Lancaster, TX Business

Real Estate

. Alliance Academy Mortgage Broker/Loan Officer June 2002

. Texas Licensed Real Estate Agent No. 0496186, April 2002,

. Member of NAR,TAR, and GDAR

. Microsoft Certification, May 2000

Contact this candidate