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Remote mortgage underwriter

Aurora, Illinois, United States
January 12, 2018

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Caprice Brent

Underwriter (Securitization) - Clayton Services

Yorkville, IL 60560


Authorized to work in the US for any employer

Work Experience

Underwriter (Securitization)

Clayton Services

2015 to Present

• Utilized client based ALSCOM/Eclas system to review complex income and risk analysis for the extension of home equity lines of credit and unsecured funds to high to mid income netting borrowers and jumbo loans.

• Analysis and interpretation of personal, corporate and business tax documentation and standard tax wage earner documentation including but not limited to investment, commission and retirement sources.

• Completed loan level mortgage service reviews in designated areas as determined by the client to test for compliance with prudent servicing practices.

• Identified area of potential operational risk relating to the servicing of the mortgage jumbo loan portfolio for the investor/owner.

• Confirm each loan file contains material documentation required per guidelines.

• Reviewed loans for QM/ATR appendix Q.

Remote Underwriter

Nationstar Mortgage

2012 to 2014

• Reviewed income documentation W2's, pay stubs and personal and business tax returns.

• Review LTV, credit report applications, appraisal to ensure that each loan meets company standards for sale into secondary market.

• Review loans for fraud detection.

• Understanding policies and procedures, and a clear knowledge of FNMA and FMLMC guidelines and standards. Quality Assurance Analyst

Wells Fargo - Lombard, IL

2012 to 2012


• Develop solutions to a variety of complex problems in the review and analysis of credit files, for quality and compliance to bank policies and procedures.

• Provide input and influence on the overall objective of the quality assurance function.

• Provide frequent communication (written and verbal)

• Assisting with re-negotiations of loans based on lending guidelines.

• Implementing fraud detection techniques.

Travel Underwriter

Wells Fargo - Minneapolis, MN

2011 to 2012

Reviewing financial statements, credit reports, and applicable ratios ensuring that documents are consistent and uphold to company and industry guidelines.

• May act as a team lead and provide performance feedback to less senior underwriters.

• Thorough understanding of underwriting policies and procedures, including investor thorough knowledge of FNMA, FMLMC FHA and VA guidelines and standards.

• Experience with income validation including personal and corporate tax forms.

• Ability to handle confidential material in a professional, highly ethical manner. Sr. Underwriter

PNC Mortgage - Lombard, IL

2009 to 2011

• Evaluate mortgage and other loan applications to determine acceptability and compliance with applicable state and federal regulations, investor guidelines, and corporate standards.

• Work with originators, processors/closers, and customer service personnel to assist them in qualifying loans and keeps them informed of underwriting practice.

• Maintains expert knowledge of Corporate, investor and regulatory guidelines; and keeps records of daily activities.

• Analyzed and underwritten special property type loans such as, new construction, manufactured home, PUDS, Coops, 2-4 units, investment properties FHA and VA government loan programs.

• Underwritten loans under government policy and guidelines for Rural Development and HARP.

• Manually underwritten loan with authority level of 1 million. Underwriting Assistant

Wells Fargo/Contemporary Service - Lombard, IL

2009 to 2009

• Reviewed VA/FHA conditions for accuracy.

• Followed up with broker on pending conditions.

• Assisted broker with condition for file submitted.

• Clear loans to be scheduled for closing.

Underwriter III

Resmae Mortgage - Schaumburg, IL

2006 to 2008

• Manually reviewed loan documents, analyzed credit and appraisals for loan decision.

• Analyzed closed loan to assure they were in compliance with regulatory requirement and company policy before funding.

• Provided sales manager with production and weekly activity reports.

• Interacted with brokers directly to review files that were suspended or turn down.

• Assisted brokers with conditions for files submitted. Contract Underwriter

Chase Mortgage/PMI - Oak Brook, IL

2002 to 2006

• Analyzed conforming, jumbo, and new construction loans.

• Required to assure applicants were complete and accurate.

• Analyzed credit, appraisals, and income.

• Approved or deny loans and adhere to applicable guidelines and regulations.

• Insured all files received were in compliance with applicable company and federal guidelines and regulations.

• Daily use of Loan Prospector and Desktop Underwriting. Underwriter

Household Finance - Wood Dale, IL

1996 to 2001

• Performed loan procedure for external wholesale and retail residential loans.

• Processed and scheduled closings.

• Followed up with HFS sales department and sellers to resolve and licensing issues.

• Analyzed closed loan to assure they were in compliance with regulatory requirement and company policy before funding.


Northern Illinois University - DeKalb, IL

1990 to 1991

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