Dennis G. Walton
PO Box **3341, Lewisville, TX. 75029
I’m seeking to find a career where I can utilize my professional business acumen. I have broad-based business experience in the Real Estate industry, Mortgage and Underwriting including Fannie Mae, Freddie Mac, FHA, VA, Project Management, Portfolio and Loss analyst and various banking positions. I can adapt to an ever constant changing work environment, as well as high-technology solutions, detailed research. I can analyze any situation and pose a decisive solution, and I am committed to excellence combined to consistently, delivering improved productivity to increase profits for growth and revenue.
Mr. Cooper / NationStar / Champion Mortgage, Irving, TX, Feb 2018 – Jan. 2019
Position: (contractor) Title Curative, REO Reverse Mortgage
Coordinate, maintain and update all necessary title curative task and responsibilities. Timely completion of all required reports to determine outstanding title issues. Research and resolve outstanding liens, judgments and other title issues. Advise with closing offices to order or prepare necessary legal documents.
Frequent communication with all pertinent parties associated with the curative and reverse mortgage efforts. Abilities to work under time lines and deadlines. Proactively anticipate requirements for potential curative and reverse issues. And train new hires to adhere to the process.
Performed and conducted a complete QA analysis, on ledgers for PCN’s, MFR’s, and POC’s for bankruptcy cases. Reviewed payment histories, reconciled loans, adhered to courts timelines, monitored and reviewed payments applied to the cases. Monitored schedules, utilized MSP platform, plans and intentions filed by debtor attorney on all bankruptcy chapters 7, 11, & 13. Also, this required fundamental knowledge of project and portfolio management with attention to detail.
(SBA) Small Business Admin./FEMA- Sacramento, CA./Ft. Worth, TX, Sept. 2017 – Nov. 2017
Position: (contractor) CSR, Loan Officer, Team Lead training
The benefit to help consumers and businesses recover from Presidential declared disaster throughout the USA and territories to rebuild their lives and their businesses by providing affordable, timely and accessible very low interest financial assistance. I provided guidance and direction to help the public better understand the SBA/FEMA disaster assistance programs and the services it offers.
I called upon existing and managed to follow up on leads provided by management to gain new business and referral, some cold calling to resolve customer issues and also provided logistical, administrative support to management to prepare and submit electronic applications and correspondence. Also, had to complete expense reports and activity reports on a timely basis.
Bayview Asset Management, Hurst TX, Feb. 2016 – Sept. 2017
Position: Loss Analyst Specialist –Team Lead asst.
Analyzes avoidable losses at a loan level and determines root cause of the loss, makes recommendations for enhancing processes and procedures to prevent future occurrences; escalates to senior management any failure to comply with investor/insurer/BLS guidelines and requirements that resulted in the loss. Works with the appropriate BLS department and ensures bill backs to vendors/attorneys for losses resulting from the actions/inactions of the vendor/attorney; monitors to ensure proceeds are received and processed. Keeps up to date on all FHA, VA, USDA, PMI, and Fannie Mae/Freddie Mac servicing requirements and revisions
Works with company purchasing/acquisition department to bill back loan sellers for losses resulting from actions/inactions of the prior servicer; monitors bill backs to ensure funds are received and processed. Works with the claims department to ensure supplemental claims are filed as needed; monitors to ensure proceeds are received. Exercises independent judgment when determining the cause of avoidable losses and causes for GSE compensatory fees and penalties.
Identifies all loans where final claim proceeds have been received and performs a detailed loss analysis within 20 days of receipt of final claim proceeds. Compiles and prepares a management report in summary and detail outlining all loans where final claim proceeds were received and the results of the loss analysis. Verifies claim proceeds, short sale proceeds, and 3rd party foreclosure sale proceeds are accurately credited, charge off approval obtained and processed if applicable, all system balances are 0, and loan removal is processed in MSP.
Monitors and reports conveyance fees offsets, repurchase requests, and monitors for timely resolution. Monitors and reports all GSE compensatory fee and penalty assessments. Oversees research by the department that caused the compensatory fee and losses, coordinates all responses and disputes to the GSE. Assists manager in determining and analyzing trends and strategy recommendations to reduce losses.
Fannie Mae, Dallas TX, March 2012 – July 2015
Positions (contractor): REO Foreclosure Specialist III, Portfolio Business Analyst– NUC/NPDC
I partnered with internal and external parties via in-person meetings, phone calls and emails to resolve escalated or time sensitive collection issues and ensured an ongoing understanding of changes to processes/guidelines and related impacts. Maintained partnerships and facilitated open dialogue.
Coordinated with team members and escalated as appropriate to ensure timely and quality execution of activities to one or more pre/post reo’s, foreclosures area(s), in compliance with applicable guidelines, to minimize reputational impact to Fannie Mae and ensure optimal resolution for business unit and vendor. I participated in process improvement activities by suggesting ways to realize process efficiencies based upon feedback and observations. I assisted in the implementation of new or revised processes and procedures.
Helped develop both regular and ad hoc reports to monitor business/unit vendor production trends and distributed reports to appropriate audiences or summarized findings for inclusion in other reports/presentations. Received collection issues from assigned business unit(s), input into appropriate computer systems, MSP platform and monitored and tracked through to full resolution. Ran updated system regularly to insure most recent collection activity is tracked.
We studied, reviewed and measured processes and guidelines of assigned business, examined documentation and flow of work through systems and addressed and perceived gaps. I have provided training to internal and external groups and performed special projects as needed. Participated in managed projects with Bank of America, Chase and Wells Fargo, projects consisted of determination of repurchase of loans.
Intra Realty, Dallas TX, Feb. 2008 – Dec 2011
Positions: Executive Broker Assistant/Real Estate Agent/Investor
I performed and worked the process flow and delegated Authorities with all transactional parties are met according to the Bank and guidelines. I managed employee evaluations and conducted employee training. Make sure initial services and maintenance are completed, including but not limited to overall, specific aspects of assigned REO accounts maintenance and general appearance, operating and capital expenditures. Adhered to company guidelines and requirements and negotiated in the best interest of the asset company monitored the closing process for timely closings and notify clients for title curative cases and take timely, appropriate curative action.
I reviewed BPO’s to reconcile property value. Completed property inspection reports, BPOs, cash for keys and status reports. (Property preservation, securing, debris removal, lawn care and winterization). Composed reports or tasks required by senior management, advised senior management with complete analysis and recommend solutions on issues of major impact. Also, property management handling rents, deposits, evictions, make ready and HUD inspections.
MS office, Word, Word Perfect, Vista. Equator, AS400, Falcon. LPS, MSP platform, Excel, Power Point, V-Look up, Concatenate, Access and Business Objectives and some legacy software, typing (45wpm), and 8,000+ key strokes. Experience with the Internet and Social Media and Email.
Texas Real Estate Agent, State of Texas (License# 457954)
Kaplan University Real Estate School, Dallas, TX.
Champions School of Real Estate, Dallas, TX
Nancy Hawes School of Real Estate, Dallas, TX
IFREC Real Estate School, Certified Home Inspector, Orlando, FL.
American Institute of Banking, Dallas, TX.
Ohio Business School, Finance Business Degree Accounting, Warren, OH.
Western Reserve High School, Warren, OH