Foreclosure review LPS and Iress. Short sales, Sales, Real Estate

Carlton Smith

**** ******* ****, *****, **. *****

Phone: 972-***-**** Email: *****.*******@*********.*** LinkedIn:

www.linkedin.com/pub/carlton-smith/11/94a/a64

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Short Sale Manager * Loan Professional * Sales Manager

Systems and Software Experience:

Sales Force IRESS

TMO Fiserv

Encompass AS400

Prospector Reo Trans/ Equator

QA Audit and Compliance Microsoft Word, Excel, Power Point

LPS, (Black Night) Foreclosure and Bankruptcy review

Professional Experience:

NewBold Advisors 2014

Foreclosure Review Specialist – Ft. Worth, Texas

• In depth Audit review of Reverse Mortgages.

• Case study reviewing timelines to measure proper due diligence during foreclosure .

• Reviewing attorney and servicer notes to measure if file action due dates and action dates

are within required time frames.

• LPS and IRESS system knowledge

REDC (Real Estate Disposition Corporation) Plano, Texas 2011 – 2013

Short Sale Asset Manager

• Top Tier of asset managers for closed short sales on programs including (HAFA, Co-op,

Bank Book non GSE, and FNMA).

• Involved on initial team which launched new product strategy bringing national exposure

for properties through an on line Auction.

• Negotiated and sent out approvals on short sales for investors which included negotiating

2nd mortgage liens, and MI companies, property tax and HOA liens.

• Audit and Compliance analysis performed at various stages for Investors.

• Quickly adapts to changing Investor and Bank requirements for short sale process.

• Excellent negotiation skills bringing together Investor required figures from REO agents,

buyers Attorneys, and Title companies.

• Examined appraisal / BPO reports, closing costs fees, contracts, HUD1’s, liens, external

approval letters and non delegated information needing seller financials.

UTLS (United Tech Lending Services) - Irving, Texas 2010 – 2011

Senior Negotiator

• Handled the largest FNMA and Non GSE short sale property portfolio.

• Compliance review regarding necessary documents per Federal program requirements

• Increased investor net gain over set loss requirements.

• Examined and sent out approval letters based on Bank of America requirements.

• Compliance Review seller financials including tax returns, profit and loss reports on both

delegated and non-delegated attached liens.

Nation Star Mortgage – Lewisville, Texas 2009 – 2010

REO Mortgage Professional

• Audited disclosures packages consisting of Reg Z, X, TIL, GFE’s.

• Reviewed Bankruptcy Chap 7,and 13 paperwork and files for foreclosure

• Managed the sale of REO properties for FNMA and Non GSE Investors.

• Reviewed buyer financials, appraisal reports, contracts, HUD1’s, Title documents and

Investor guidelines.

• Licensed with NMLS and in over a dozen states.

Affirm Home Loans – Plano, Texas 2006 - 2009

Licensed, Sr. Loan Professional

• Originated home purchase and refinance loans in many states over the nation.

• Audit and Reviewed all RESPA required lending documents for accuracy including Truth

and Lending, Good Faith Estimates, Hud-1’s, and lender fees for Reg Z and X.

• Increased profit margins for the company by signing up lenders for managing partners

using knowledge of niche mortgage products from different lenders.

• Identified client’s needs and provided Real Estate lending solutions based on buyer or

Investor goals.

• Created reports for builders to provide loan status at various stages of the construction

and underwriting process.

• Set meetings with Realtors to discuss loan status and strategies for improving raving

service.

DFW Real Estate Group – Dallas, Texas 2003 - 2006

Licensed, Sr. Loan Professional

• Consulted clients on Real Estate Lending solutions based on individual or Investor group

needs.

• Audit Review on all loan packages for completeness of required RESPA, TIL, GFE and

Hud-1 documents.

• Met with builder mortgage companies to review files to suggest best loan product and

provided on going loan approval status to clients, Real Estate team members.

Fieldstone Mortgage Company – Frisco, Texas 2002 – 2003

Wholesale Account Executive

• Signed up mortgage brokers in surrounding cities to B paper alternatives for residential

mortgages.

• Provided 1st and 2nd lien programs based on traditional and non-traditional lines of credit.

• Presented mortgage loan programs, niches, and website approval systems to broker

offices.

Starmark Custom Homes – Plano, Texas 1999 – 2002

Sales Manager

• Record Income for owner was achieved during tenure.

• Designed, priced, and sold unique custom floor plans to fulfill buyer needs for both on-

site and off-site building locations.

• Trained sales counselors with techniques and tying these strategies into buyer needs.

Education

Southwest Texas State University – B.B.A. in Finance

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