JoEtta Harrington

**** **** ***** ****

Oakland, CA 94605

E-mail acfomp@r.postjobfree.com

202-***-**** cell

Summary of Qualification

• Providing Independent Senior Consultant services to the Mortgage Banking Industry by

reviewing and analyzing Commercial, Residential and SBA real estate loans.

• Experience in Loan Foreclosure Portfolio, default mortgage servicing loans as well as

residential loan for repurchase disposition.

• Managed teams of Due Diligence junior and senior contractors on HUD Sale Projects.

• Performed multiple legal audit file reviews for FDIC Receivership and other banking

institutions.

• Excellent background knowledge of the Bank Secrecy Act (BSA/AML), USA Patriot Act,

Dodd-Frank Act, Service Member’s Civil Relief Act (SCRA) and Real Estate Settlement

Procedures Act (RESPA)

Professional Experience

New Oak Capital New York, New York

Repurchase Analyst (Contractor-Remote Access) February-August 2013

• Reviewed files for misrepresentation of credit, income, employment, assets and liabilities

• Searched file for undisclosed liabilities and recalculated borrower’s income to determine

an accurate debt to income ratio. Income discrepancy would be noted in final comments.

• Provided a thorough look at the subject property appraisal or BPO for supported

property value, keenly looking for and noting any misrepresentation of value.

• Analyzed files to determine if proper RESPA guidelines per Fair Lending Practices and

Loss Mitigation were followed.

• Reviewed lender Settlement Statement (HUD-1) and Good Faith Estimate (GFE) for

compliance issues.

• Compiled clear and concise written recommendations to Senior Management stating any

potential repurchase conditions found in file review.

Solomon Edwards Group, LLC Wayne, PA

Loss Mitigation/Modification Analyst December 2011-January 2013

• Reviewed sample of designated Mortgage Servicer foreclosure loan portfolio activity

between January 1, 2009 and December 31, 2010 as required by the OCC Consent Order

to identify errors or misrepresentation which may have resulted in financial harm to the

homeowner/borrower.

• In depth review of borrowers HUD-1 Settlement Statement and Good Faith Estimate to

verify fees charged were in the scope of industry tolerance.

• Analyzed the file to determine if the borrower was denied a loan modification application

that should have been approved or if the borrower was given a loan modification with a

higher interest rate than should have been changed under the relevant modification

program.

• Determined if the foreclosure was in violation of the federal bankruptcy laws or in

violation of the Service Members Civic Relief Act (SCRA).

Thompson, Cobb, Bazilio & Associates, P.C. Washington, DC

Commercial Due-Diligence Consultant (Contractor) April- June 20011

• Performed commercial due diligence on FDIC receivership loans for signs of potential

money laundering, terrorist financing and file completeness and accuracy.

• Conduct risk analysis in accordance with Federal Financial Examination Council,

industry standards for AML.

• Reviewed lender policies and procedures to ensure scanned file documents were in

compliance with stated guidelines per lender, state and federal regulations .

• Analyze credit documents to include mortgage applications, credit history, income

documents as well as HUD-1 Settlement Statement and all closing documents.

• Identifying portfolio risks resulting from lender underlying business practices,

underwriting and/or fraud exposure.

Solomon Edwards Group, LLC Wayne, PA June –September 2010

Project Consultant/Compliance File Reviewer (Contractor)

• Preformed SBA compliance review on 7(a), 504 and Micro Loans at assigned banks in

various cities around the Unites States

• Responsibilities were to insure the financial institution were in compliance with the

federal regulation and SBA underwriting guidelines.

• Compiled a written summary of findings and submit finding to SBA bureau chief.

DeVal LLC, Vienna, VA - (FDIC Bank Closing) Oct. 2009 – March 2010

Senior Asset Professional (Contractor)

• Provided direction in order to gain control and manage the failed institution $860 million

assets.

• Assisted with the physical transfer of Promissory Notes and loan files as part of cash

loan sale.

• Compiled information for appraisal orders and assisted in placing orders with the

appraisal company.

• Analyze credit documents to include mortgage applications, credit history, income

documents as well as HUD-1 Settlement Statement and the Good Faith Estimate.

• Prepared written response on asset for loan workouts and collections and compiled bank

Charge-Off loan list.

Fuentes Fernandez & Company

Consultant, SBA Risk-Based Project April- August 2009

• Conduct in-depth site review and analysis of SBA lending and business programs

including 504 and 7(a) loan programs.

• Evaluated portfolio performance, credit risk assessment and liquidation activity to

insure compliance with SBA and financial institution requirements and guidelines.

• Prepared written summary and submitted reports to senior management and SBA

bureau chief.

Residential Home Loan Center Laurel, MD January 2004 – Oct 2008

Contract Senior/Auditor

• Designed due diligence guidelines for office staff.

• Performed Due Diligence on file for bulk loan purchase. File review consist of auditing

closing loan documents such as loan application, credit report, HUD-1, GFE and

RESPA to ensure file were in compliance with industry guidelines.

• Auditing conforming and non-conforming mortgages for Maryland, Virginia and

Washington, DC properties.

E-Trade Financial November 2001- December 2003

Contract Senior Underwriter/Auditor

• Responsible for underwriting residential conforming and non-conforming 1st and 2 nd

mortgage loans in accordance with seller guidelines and approved exceptions from

multiple lenders both regional and nationwide.

• Oversee the accuracy of loan documents in file being ship out for bulk loan sale.

• Responsible for integrity of the data sent to the investors in final report.

• Performed due diligence on pre- purchase and post- purchase bulk loans sales, which

included a thorough review of credit documents such as mortgage loan applications,

credit report history, income documents as well as closing documents, HUD-1 Settlement

Statement and the Good Faith Estimate.

• Served as liaison to banks from which the bulk loans were sold and/or purchased.

Deva & Associates, PC 1997-2001

Due Diligence Contractor ( Multiple Contracts, over several years)

• Performed underwriting/due diligence services on a pool of 16,000 single-family

mortgages with an estimated UPB of $1.1 billion for the Department of Housing and

Urban Development (HUD).

• Responsible for the pre-sale due diligence.

• Oversaw file audits for accurate loan documentation.

• Reviewed payment history from servicing records.

Williams, Adley & Company, LLC 1993-1997

Project Field Manager ( Multiple Contracts, over several years)

• Performed duties as Project Field Manager and liaison between the consulting firm and

the client, the U.S. Department of Housing and Urban Development (HUD).

Communicated with HUD field offices and headquarters to obtain necessary documents

for completion of assets review.

• Generated new due diligence procedure based on clients request for information.

• Managed a staff of fifty contractors.

Pryor, McClendon & Count Atlanta, GA 1991-1993

Senior Commercial Due Diligence Consultant

• Provided securities sales services, responsible for selling raw land and multi-family

assets valued at $317 million from several saving and loan association that were taken

over by the RTC.

• Reviewed the quality of commercial loan portfolios for credit worthiness and sales value.

• Analyzed assets and placed a “Derived Investment Value” on the assets. These assets

were placed in pools and marketed through various well-known national publications for

investors to bid on Wall Street.

Channel Link Capital Partners Oakland, CA 1990 -1991

2nd Review Underwriter

• Responsible for reviewing all loans that had been underwritten and denied by the lender

to determine if there were any compensating factors that could override the initial denial

and warrant loan approval. This position was created as a result of a government

program to implement fair lending practice.

Education

• San Francisco State University, Bachelors of Art Degree

• Advance courses in FNMA and FHLMC Guidelines

• Mortgage Underwriting Certification

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