Mortgage Specialist
Resume:
Edson Kamuruko
Allen, TX *****
*************@*****.***
Work Experience:
Home Community Mortgage Irving, TX 06/2016 - 01/2017
Mortgage Loan Processor
•Reviewed loan applications based on factors such as capacity, credit history, capital and collateral in compliance with company policy, contracts, investor guidelines, lending programs, state and federal law and regulations.
•Processed an average of 18 loans per-month while maintaining a pipeline of 30 – 40 loans at a given time.
•Responsible for collecting and analyzing all credit documents from the borrower(s), calculating income (W2’s, pay stubs and tax returns) and verifying assets.
•Obtained mortgage loan documents by ordering credit report, appraisal, title and other related information for analysis.
•Worked closely with loan officers and underwriters to clear employment, income, assets and other related conditions.
•Prepared closing statements by calculating principal and interest payments and closing costs forwarding information to borrowers.
•Maintained customer contact throughout the process with at least 2 calls per week providing outstanding customer service and process updates when available.
Genpact Mortgage Richardson, TX 08/2015 - 1/2016
Mortgage Loan Processor
•Processed loans while guaranteeing soundness, business value and compliance with Bank and Investor standards (Conventional Loans, FHA and VA Loans) under TRID Guidelines.
•Averaged 20 loans a month submitted to closing out of a pipeline of 30-50 loans.
•Effective communication with members setting deadlines and effective follow up.
•Analyzed income, assets credit and collateral documentation to ensure compliance with FHA and VA guidelines.
•Ordered and reviewed and verified Employment, Debt, Mortgage and Subordination requests minimizing fraudulent loans.
•Communicated with management, underwriters and closing as required ensuring all parties were aware of loan status and any outstanding requirements reducing turnaround time.
•Excellent analytical and decision-making skills, ability to multi-task and meeting deadline and team work.
•Experienced in reviewing appraisals per Fannie Mae guidelines.
Capital One / Convergenz Plano, TX 06/2015 – 07/2015
Special Loan Processor (Contractor)
•Reviewed various documented loan types.
•Logged the loan types and modification changes using Microsoft Excel spreadsheet running queries to make sure changes to the specifics of the product.
•Updated the ARM workstation and payment schedule system to reflect any change in interest rate or payment information as well as insuring that all modified loan products are setup correctly.
•Weekly meetings to give project updates, going over challenges and outlining solutions to meet project timelines.
Newbold Advisors Ft Worth, TX 07/2014 - 10/2014
Reverse Mortgage Foreclosure Specialist (Contractor)
•Managed a large portfolio of real estate secured loans that were foreclosed.
•Worked closely with outside vendors to review foreclosure actions from referral to foreclosure sales while maintaining HUD time lines including meeting all 1st legal deadlines while closely reviewing attorney/vendors overall quality performed.
•Assisted with claims filed with HUD.
•Reviewed Conveyed properties to FHA within specified time frames.
•Analyze costs incurred through foreclosure to determine losses claimable per HUD.
•Reviewed default steps throughout the foreclosure process ensuring timely completions.
•Ensure accounts were properly documented with actions taken, correspondence and explanation of delays, if any.
Green Tree Servicing Dallas, TX 08/2013 – 05/2014
Mortgage Loan Processor
•Processed loans while guaranteeing soundness, business value and compliance with Bank and Investor standards (Conventional Loans, FHA and VA Loans).
•Averaged 30 loans a month submitted to closing out of a pipeline of 50-60 loans.
•Proficient in Fannie Mae Desktop Underwriting (DU) lending guidelines and experience in DU findings/rebuttals.
•Analyzed income, assets credit and collateral documentation to ensure compliance with FHA and VA guidelines.
•Reviewed and verified Employment, Debt, Mortgage and Subordination requests minimizing fraudulent loans.
•Excellent analytical and decision-making skills, ability to multi-task and meeting deadline and team work.
•Maintained up to date knowledge of market guidelines including FNMA, FHLMC, FHA and VA through ongoing training and proactive research.
•Top 5 on team production goals by maintaining low error rates and high closing rate.
Homeward Residential Mortgage Servicing Addison, TX 09/2005 – 03/2013
Loss Mitigation Team Lead
•Supervised staff of 10 members ensuring maximum productivity and work quality through extensive training, evaluation, counseling and performance review using Key Performance Indicators while maintaining a 90% quality score average.
•Resolved escalated issues and inquiries from customers, loan consultants and management staff regarding loan modification process.
•Monitored activity to ensure compliance with Homeward Residential Policies, Fair Debt Collection Practice Act (FDCPA), RESPA and State-Specific collection laws.
•Oversaw the operational, critical and compliance aspects of all default related loan activity which included Collections, Loss Mitigation and Foreclosure.
•Collaborated with other team leaders to establish and execute goals taking the initiative to help others to ensure company goals were met.
Foreclosure Specialist
•File claims with HUD to redeem claimable fees/costs.
•Monitored attorney performance by following up on all proceedings, records and time frames in addition to working all system / database activities throughout the foreclosure process.
•Reviewed in detail all appraisals and BPO’s for accuracy to determine the value of property for the foreclosure sale, calculation of loss analysis and recovery situations.
•Analyze costs incurred through foreclosure to determine losses claimable per HUD.
•Convey properties to FHA within specific time frames.
•Negotiating time extensions and/or over allowable requests with HUD.
Education:
El Centro College Dallas, TX 5/2000
Business Intelligence SQL, SSRS and SSIS (6 months Boot-Camp Program), From Collaberry School of Data Richardson, TX 8/2015
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