DON R. WHITE
Riverside, CA 92503
Ph: 951-***-****
Professional Profile:
Accomplished, meticulous underwriter with great attention to detail and
reasoning capacity. Known for delivering approvals before due times.
Deadline hitter. Has high underwriting numbers. Maintains high ethical
standards upon loan conclusion. Received awards for underwriting prowess.
An exceptional communicator with strong negotiating, problem resolution,
and customer needs assessment aptitude. Equally effective at identifying
opportunities, developing focus, and providing tactical business solutions.
> Turnaround Specialist adept at transforming faltering departments into
leading revenue producers with quick answers, sound judgment and
superior service.
> Fortune 500 Underwriter for nationwide corporations.
PROFESSIONAL EXPERIENCE:
BAY EQUITY HOME LOANS, Lake Forest, CA (Dec
'12 - Present) Sr. Underwriter
. Underwrite conventional mortgage loans including HARP to multiple
investor guidelines through DU and LP automated underwriting systems.
Manually underwrite Jumbo loans to $3 million loan amount. Fannie
Mae, Freddie Mac, Wells Fargo, New Penn, Redwood Trust, and Titan
investors.
. Critique quality of borrower repayment strength, in-depth tax return
analysis, and collateral review, determine debt-to-income ratios,
benefit to borrower.
. Assist funder and post coordinator with conditions for file funding
and shipment, provide underwriting support for loan originators and
processors for file guidance and issue resolution.
. Assist with scenario desk for loan structure prior to submission,
provide underwriting support for loan originators and processors for
file guidance and issue resolution.
. Stay current on all investor guidelines, order mortgage insurance,
sign off conditions, complete loan reworks.
. Sign off prior to doc and underwriter funding conditions.
. Report to operations manager.
AMERICAN MORTGAGE, Brea, CA
(Sep '07 - Oct '12)
Sr. Underwriter
. Underwrite conventional mortgage loans to investor specific
guidelines.
. Gauge status of underwriting team staff to underwriting manager and
give input on strengths and weaknesses.
. Assess borrower repayment ability through income, credit, appraisal
and tax documentation, and submit to DU/LP.
. Sign off prior to doc and prior to funding conditions.
. Initiate discussions with team members for appropriate decision
making.
. Reported to underwriting manager.
BNC MORTGAGE, Irvine, CA
(March '05 - July '07) Sr. Underwriter
. Lead underwriting team on decisions related to loan approval/decline
according to lending guideline criteria.
. Examine title commitments, look for leaseholds, deed in lieu, title
chains and communicated with vendors for policy supplements.
. Reviewed HUD, legal documentation, analyzed income statements, ensure
loan system data agrees with Credit, Risk, Finance and Regulatory
records of the loan.
. Administered counter offers and revisions to loan submissions to allow
for longer loan life and total company profitability.
. Verify documentation, calculated all risk assessment criteria.
. Stay versed in credit policy, safe harbor and good faith, fraud
prevention and money laundering procedures.
Accomplishments:
> Received Top Underwriter Award.
> Named Top Information Associate by Sales team
OLYMPUS MORTGAGE, Tustin, CA
(April '04 - Jan '05) Sr. Underwriter
. Underwrote mortgage loans according to lender criteria.
. Signed off conditions generated.
. Coached field personnel and brokers on technical underwriting issues.
. Provide alternative solutions to problem files, and all counter offer
requests on approvals based on lending criteria.
. Advised underwriters. Used independent and judgment discretion in
addressing critical business issues.
Accomplishments:
> Received Certificate of Recognition for top Underwriter
ARGENT MORTGAGE, Orange, CA (June '02
- March '04) Assistant Team Manager
. Supervised underwriting, processing, funding, docs, and customer
service of Western operations for one of the largest lenders in
America.
. Monitored the performance and outflow of the company's loan products.
Made decisions on complex loan criteria. Outlined appropriate
suggestions and measures for team growth.
. Maintained assigned department project portfolio containing review
data and strategic initiatives.
. Provide input for credit policy issues with Chief Credit Officer
. Conducted Appraisal Performance Reviews, assisted in employee
Developmental Training and outlined educational company materials to
employees
. Produced answers to complex business and loan problems assisted
underwriting analysts with informational support and turn-time
. Directed all exceptions to programs, hired & trained new employee
staff, given $1.25 million signing authority, reported to Sr. Team
Manager and Vice President of Operations.
Accomplishments:
> Incorporated smooth production and operation flow of assigned
department leading to the success and profitability of the
West Coast Region.
> Top Sales Volume & Attendance Award Winner (2 years)
CALIFORNIA MORTGAGE, Tustin, CA (Mar
'99 - May '02)
Government Underwriter
. Underwrote default FHA/VA and conventional loan deals
. Calculated MCAW and issued approval
. Mitigate credit search for suspected false representations
. Conditioned and signed off conditions, handled correspondence,
transactional risk, and operational risk measurements
. Communicated to the department manager all trends or problems, and
recommended and implements solutions.
. Understand complex contract based terms in the proper analysis of the
investment quality of each loan
EDUCATION:
SADDLEBACK COLLEGE (1994 -1996)
CERTIFICATIONS:
Quality Assurance & Fraud Prevention, Risk Management Approach to
Underwriting.
TECHNICAL/WEB BASED SKILLS:
Software & Applications: DU/LP, Encompass, DataTrac, Empower, Calyx
Point, LoanQuest, Lexis Nexis, CoreLogic, MortgageServ Genesys, AML, MS
Word, MS Excel, MS Power Point, People Soft, Argus, Moody.
REFERENCES & URL's: Available upon request.