Manager Mortgage
Resume:
Samuel Wayne Alston
Charlotte, NC 28213
CAREER SUMMARY
Experienced professional with solid work experience in the mortgage banking and consumer finance industry, including five years as a Branch Manager, and over 15 years as a Senior Mortgage Processor and Underwriter. Served 6 years as a United States Army Officer before being honorably discharged. Proven history of advancement and increased job responsibility based on performance.
PROFESSIONAL EXPERIENCE
Indecomm Global, Charlotte, NC 2016 - 2018
Mortgage Underwriter, Homeward Bank / Sr. Processor Ditech Mortgage
Decisioned mortgage loans following company and regulatory guidelines
Reviewing credit reports and interpreting the data
Calculated income using 1084 income analysis worksheets and W2 wage earner worksheets
Familiar with FNMA and FHLMC underwriting guidelines
Experience in reviewing titles, appraisals to ensure title free of encumbrances
Reviewed supporting documentation for truthfulness and accuracy
Gathered required documents to satisfy underwrite/investor requirements
Ordered and reviewed title, appraisals and credit reports
Wells Fargo, Charlotte, NC 2012 - 2016
Mortgage Underwriting, Consumer Loan Underwriter III
Decisioned mortgage loans following company and regulatory guidelines
Evaluated and ensured overall loan transactions were accurate, complete, and compliant
Applied knowledge of standard underwriting procedures, creditor financial analysis techniques
Reviewing credit reports and interpreting the data
Calculated applicable ratios to determine affordability, credit utilization, asset coverage, etc.
Calculated income using 1084 income analysis worksheets and w2 wage earner worksheets
Reviewed supporting documentation for truthfulness and accuracy
Contacted customers and partners to gather information to make appropriate decisions
Assisted in providing work direction and/or training to team of processors and loan officers
Familiar with HARP, FNMA and FHLMC underwriting guidelines and investor overlays
Experience in reviewing titles, appraisals to ensure title free of encumbrances
Earned Mortgage Lending Authority 03/2013
Bank of America, Charlotte, NC 2009 - 2012
Relationship Manager II
Efficiently handled complaints and provided conflict resolution for the Office of the President and CEO.
Acted as single point of contact for borrowers experiencing financial distress.
Efficiently managed portfolio of imminent default and defaulted loans with a focus in Loan Modifications to include Conventional, FHA/VA and MHA products.
Utilized appropriate options for borrowers such as Collections, Repayment plans, Special Forbearance, Modifications, Short Sale, and/or Foreclosure.
Ensured compliance with federal laws and company guidelines in order to minimize loan losses and legal concerns.
Cited by management for delivering Bank of America G.U.E.S.T. standards July 2012, August 2012 and September 2012
Wachovia Bank, N.A. Charlotte, NC 2007 – 2008
Consumer Loan Underwriter
Reviewed and provided decisions on consumer purpose real estate credit applications within assigned lending authority
Recommended decisions and obtained concurrence for loans outside of authority levels
Analyzed financial and other information to support the structuring and approval of loans
Documented justification for decisions and recommended warranted exceptions
Ensured compliance with appropriate internal risk, process and compliance standards
Equifirst Corporation, Charlotte, NC 2004 – 2007
Mortgage Underwriter
Performed proper due diligence while reviewing borrower’s income, credit, and equity to ensure company guidelines, policies, and standards
Developed and maintained a close working relationship with mortgage brokers and account executives to manage their pipelines and achieving monthly goals
Made decisions on exceptions to underwriting policies within authority
Increased lending authority from $150,000 to $350,000
Consistently ensured compliance with company, regulatory and applicable secondary marketing investor standards
EDUCATION
Bachelor of Science, Marketing, South Carolina State University, Orangeburg SC
MILITARY
US Army Reserve Officer, 81st Army Reserve Command, Public Affairs Officer, Honorable Discharge 1996
VOLUNTEER ACTIVITIES
Habitat for Humanity, Charlotte Mecklenburg School System Volunteer
SOFTWARE SKILLS
Encompass, LIS, Word, Outlook
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