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underwriter

Location:
Lewisville, Texas, United States
Salary:
55000.00
Posted:
February 07, 2018

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DAWN ADAMS

*** **** ***

Lewisville, Tx *****

972-***-****

EXPERIENCE

**/**/** – 3/16/17 PHL (Planet Home Lending) – Worked remote with this employer which did not affect my production or ability to perform customer service obligations with coworkers in the field. Reviewing Wholesale loans for FHA and Conventional to insure loan met guidelines. Responsible for underwriting 5 to 6 loans a day, clearing conditions for closing and completing du diligences on all loan packages. Worked closely with Brokers and AE’s to insure Fannie, Freddie, and lenders guidelines associated to all programs. Post-closing deficiencies cleared to eliminate any buy back or insuring issues with HUD.

4/1/2012 – 9/28/16 REMN (Homebridge Financial Services – Worked remote which has not affected my production or ability to perform customer service obligations with coworkers in the field. Reviewing retail loans for FHA, Conventional, USDA and US Bank Bond programs. Responsible for underwriting 5 to 6 loans a day, clearing conditions for closing and completing du diligences on all loan packages. Worked closely with branches to insure Fannie, Freddie, and lenders guidelines associated to all programs. Post-closing deficiencies cleared to eliminate any buy back or insuring issues with HUD.

2/12/2012 – 3/31/12 Security National Mortgage – Reviewing retail, wholesale and correspondent loans for FHA, Conventional and USDA to determine if products meet investors guidelines. Responsible for underwriting 4 to 5 loans a day, clearing conditions for closing and completing due diligences on all loan packages. worked closely with insuring and post closing to clear any deficiencies’ to allow all loans be purchased and insured in a timely manner. Worked closely with AE’s, brokers, processors and loan officers. Performed due diligences on all loans underwritten and evaluated the layers of risk for each loan

10/2011 to 1/11/2012 – Metlife Home Mortgage – Correspondent Lending Department- Conventional – FHA – review 4 closed loan packages including appraisals to insure loan meets all of Metlife program guidelines – preformed due diligence to validate no

misrepresentation is present within the loan package - work closely with team members to eliminate any issues that could result in loan packages not meeting DU or LP guidelines for purchase.

July 2011 to 9/2011-Sovereign Mortgage Services – Audited 10 closed loan packages per day to validate files meet DU and LP guidelines for purchase to included Conventional –FHA & VA loans – Validated all documents within packages to determine if loan contained any Fraud documents and insure loan would perform for lenders.

3/2007 to 2/2011 - Plaza Home Mortgage –Conventional - DE underwriter - USDA - VA IRRL - 203-K streamline - DU, LP and manual underwriting - new submission of 8 files per day - reviewed conditional approvals and cleared loans for closing - worked closely with insuring and post closing to clear any deficiencies’ to allow all loans be purchased and insured in a timely manner. Worked closely with AE’s, brokers, processors and loan officers. Performed due diligences on all loans underwritten and evaluated the layers of risk for each loan

5/2004 to 12/2006 – Wilmington Finance – Alt A and Sub Prime Sr Underwriter

Sub prime Alt A underwriter to conform with over 15 secondary investor – reviewed all information submitted by brokers for complete loan approval – manual underwriting and clearing conditions on 100 – 125 loans per month – work closely with secondary to clear any investor conditions – trained new account executives to understand guidelines and products – monitored risk level associated with all mortgage loans – preformed due diligence on all mortgage loans – reviewed appraisals to ensure property fit within product requirements.

5/2003 to 5/2004 – Benchmark Mortgage DE Underwriter

Government underwriter- work closely with loan officers and processors to insure all loans followed FHA/Investors guidelines. Manual and automated underwriting over 50 to 75 loans per month. Time efficient in relation of resubs and new submissions. Trained loan officers and processors on correct FHA guidelines. Worked closely management to insure all loan packages were complete prior to selling on secondary market. Monitored risk level on all government loans. Performed due diligence on all government financed loans.

9/2002 – 5/2003 Loannet Expo SR. Loan Processor/Underwriter

automated and manual underwriting of an average of 10 loans daily – preformed QC and auditing on all mortgage loans to ensure regulatory compliance of all loans, ensure sales for secondary markets. Worked closely with Loan Officers, senior underwriter and account executives regarding program and product questions and scenarios on conforming and non conforming mortgages – ensured all mortgage loans fit within VA, FHA, Fannie, Freddie and non conforming lenders

1/1993 – 9/2002 United Mortgage Services of America

Senior Loan Processor – Jr Underwriter responsible for compiling all necessary documents for 4 loan officers, troubleshooting to help determine the best program available for all loans from 40 to 45 lenders – trained with senior underwriter reviewing conditions performing due diligence, underwriting appraisal and all documents required to approve, close and sell loan to investors. Worked closely with secondary to verify and create guidelines for all personnel to follow.

EDUCATION

Completed courses relating to the following programs: FHA, VA, and Conventional loan processing/underwriting programs and seminars, Microsoft Word, Business Communications, Written Communications, Business Law, Legal Procedures, Banking Procedures and compliance. Ongoing education with USDA and Misc Bond programs thought-out the US.

Computer programs associated with the mortgage industry – Datatrac, Docutrac (paperless u/w), BlitzDocs (paperless program, Encompass underwriting and paperless program) Point, FHA Connection, outlook, Microsoft windows, Lotus notes, TMO, IDOCS and Citrix

Reference supplied upon request



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