Loss Mitigation/ Foreclosure/ Underwriter

Shedricka D. Timmons

Phone: 904-***-****

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

Objective: To obtain a full-time position with a company with potential

growth.

Experience:

**/****- ******* ******** Residential, Jacksonville, FL

Loss Mitigation Foreclosure Specialist- Home Retention Modification

Underwriter

. Work a portfolio of high risk loans with foreclosure sale dates or

hearing dates between 7-45 days from receipt of a modification package

. Manage over 120 accounts on a daily basis

. Provide communication and coordination for internal and external clients

(borrower, leadership, and legal representation

. Analyze borrowers risk profile with the assessment of their credit,

income, assets, tax returns and other required modification documents

. Review loan documents to ensure borrower has not been previously modified

under HAMP

. Complete non-HAMP modification process from inception to receipt of

executed documents

. Modified NACA loans according to established procedures and updated NACA

portal

. Respond to inquiries from investors, attorney, authorized third parties,

and borrowers through written correspondence.

. Verify Investors guidelines and restrictions obtain approval when

applicable

. Apply standard waterfall steps to underwrite loans per program guidelines

. Verify the pre and post modification DTI

. Verify that a positive NPV result was obtained

. Verify AVM or BPO was used and is dated within 90days of NPV test

8/2007-02/2012 GMA Modification Corp., Hallandale Beach, FL

Loss Mitigation Negotiator- Short Sales Negotiator

. Make outbound call to lender to qualify homeowner for either a loan or to

negotiate cash deal.

. Call counties clerk of court to check the status of taxes such as paid or

delinquent.

. Contact Insurance companies to add or change the mortgagee clause for

insurance declaration page

. Review borrower financials and hardship with lender to pre-approve for a

modification

. Complete new loan setup in timely fashion ensuring accuracy of the

property address, tax information, income and HMDA information

. Verify tax, insurance, MI and HMDA line in Alltel on ALSS utilizing

closing documents.

. Clearing condition from underwriting sheet. Analyze and process

exceptions.

08/2005-5/2007 ABN AMRO, Sunrise, FL

Loan Closing Representative- HUD Reviewer/Funding Specialist

. Preparation of mortgage loan closing documents according to ABN and

secondary market request.

. Ensure compliance with state and federal regulations as well as ABN

policies and procedures.

. Liaisons between all parties to promote trouble free closing.

. Ability to review title commitments/binders, Homeowner/Flood Insurance,

survey, tax information and HUD-1's to ensure company requirements are

met.

. Understand and request the requirements and endorsements needed to ensure

final title will be clear of exception and proper lien position

. Six Sigma "Black Belt"

Skills:

. Experienced professional with a successful career in mortgage servicing

. Proficient in LPS, MSP, DARES, FDCPA, SAFE, Open Client, Equator, Alltel,

Microsoft Office

. Works Independently with the ability to mentor others

. Extremely detail oriented with a concentration on productivity and

accuracy.

. Ability to adapt quickly to change and excel in a fast paced, production

driven environment

Education: Terry Parker High School, Jacksonville, FL

Gold Coast Vocational School, Tamara, FL (215 License)

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