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Residential Mortgage Underwriting Professional

Location:
Longwood, Florida, United States
Posted:
August 22, 2018

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Resume:

FRANCINE HERMAN DE UNDERWRITER

ac6r0h@r.postjobfree.com

516-***-****-Mobile

MORTGAGE UNDERWRITER

Seeking a residential underwriting position (in-house or remote) with expertise in management, multiple specialization, upholding performance standards, reporting, and review processes, ensuring compliance with all federal and other regulations. Wholesale and retail underwriting expertise. **Recently relocated to Central Florida from New York** KEY STRENGTHS

• High Volume

• Diverse Products

• Agency Loans

• Portfolio Loans •

• FHA, FNMA, FHLMC •

• Conventional, Jumbo •

Manual Underwriting

AUS Validation

Counteroffer Negotiation

PROFESSIONAL EXPERIENCE

Clayton Holdings LLC (Riverview, Fla) June

2018- TE Jumbo Credit Underwriter

Due diligence (temporary) jumbo credit underwriter. Review closed loans for lender client to ensure compliance and accuracy of closed loans to meet secondary market guidelines. Work load based on assignment as needed. Freedom Mortgage Corporation (Mt. Laurel, NJ) Feb

2015 – May 2018 Sr. Remote Underwriter

High volume FHA/Conventional Underwriter for Retail Division. Full Doc FHA Purchase, Refinance and Cash out transactions. Underwrite to current manual and automated FHA, FNMA and FHLMC guidelines. Appraisal Review, issue Conditional Commitment and finalize loan approvals (clear all final conditions). Current with portfolio and investor guidelines. MLD/The Money Store (East Meadow, NY)

Apr 2014-Feb 2015 Sr. Underwriter

Underwrite residential loans. Current on all lending guidelines, investor requirements and overlays, regulatory update to meet RESPA and Compliance regulations. Versed on all property types including single family, multi family, condominium and co-op project approvals, ATR/QM analysis of borrowers based on income qualification. Analyse self- employed and wage earner income documentation, credit history, property appraisals, asset review and title reports. Open communication with processing and sales staff to ensure proper loan documentation. Customer service oriented, daily goal and work flow management of underwriting pipeline. Ability to work remotely during extreme work load. Ability to deliver directly to FNMA or FHA for insuring. RBS/Citizens (Melville, NY)

Aug 2013 –Mar 2014 HLSIII Underwriter

Home Lending Solution Sr. level underwriter. High volume, fast pace underwriting for various sales hubs reporting to Operations in Melville. Make sound credit decisions on, Agency, Portfolio, Jumbo and government loans to guidelines. Work with TPO’s, internal processors and closing department

(as needed) to assist in high quality paper and smooth closings. Consistently met monthly goals. Current on all guidelines; DURPS, Fannie Mae, Freddie Mac, FHA streamline. Specialized in complex underwriting projects; first time homebuyer, construction to perm, and rehabilitation loans. Freedom Home Mortgage Corp (Mt. Laurel, NJ)

April 2012- May 2013 Remote Underwriter

FHA high volume producing underwriter including conventional loans as required to cover overflow for timely decision needed to meet turn times. Remained current on manual and automated underwriting. Attended on line training classes on a regular basis. Mentored new underwriters, assisted my direct management team with training new underwriters. Assisted closers on prior to fund conditions.

US Mortgage Bankers(Melville, NY)

Jan 2010-April 2012 DE Underwriter

Managing underwriter for demanding Manhattan Branch. Assisted in processor training and new loan officer training (product knowledge) resulting in high volume quality loans. Current with guidelines for Fannie Mae-DU Refit Plus, Freddie Mac-LP Open Access, and FHA. Underwrote FHA forward and reverse (HECM), conventional and jumbo loan products. Oversee team consisting of loan opener, processor, closer and funder. Worked closely with each department to ensure accurate and smooth closings. Worked extremely well in a paperless environment. 1st Republic Mortgage Bankers (Floral Park, NY)

Dec 2005-Dec 2009 Vice President of Underwriting

Underwrite and structure TPO (brokered) loans to meet FHA, agency, and jumbo guidelines. Obtained loan approval through automated underwriting as well as manual underwriting. Trained processors and loan officers on existing and revised guidelines. Managed pipeline from approval to closing. Worked directly with compliance and quality control managers to maintain lending regulations. Worked on funding conditions in a proficient manner by working directly with the warehouse bank that held the company’s line of credit. LendMor Mortgage Bankers (Garden City, NY)

Mar 2000-Dec 2005 Underwriter/Manager of Retail Operations Heavy volume FHA and 203K rehabilitation loans. Conventional, and Alt A loans. Assisted in workflow enhancement and ran loans through automated underwriting. Contacted investors, developed product expansion through outside sales force and third- party originators. Maintained high secondary market standards compatible to Government and Agency regulations. Trained new processors as well as hands on loan processing to ensure maintenance of quick turn times on loans. Responsible for quality control reports and satisfying funding conditions. EDUCATION – PROFESSIONAL TRAINING

Attended QB Community College – Bayside, NY – Business Administration



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