MAGDA ACOSTA

POMPANO BEACH, FL *****

954-***-****

acoais@r.postjobfree.com

CAREER SUMMARY

Bi-lingual self-motivated person with 15 years of professional experience

in different areas from Servicing to Wholesale Mortgage Businesses. .

Fast learner with the ability to adapt to challenging new environments.

Ability to work well independently and as a contributing team member.

STRENGHTS

Experienced Mortgage Loan Professional exacting focus on Mortgage

Documents, Lending Programs, Federal and State's requirements. Service

oriented attitude with strict training to follow policies and procedures in

compliance with regulations and fraud detection.

TECHNICAL HIGHLIGHTS

Windows 95/XP/Win7, Microsoft Office V.2003/V.2010, Microsoft Office

(Access, Excel, Word, Outlook,)

PROFESSIONAL EXPERIENCE

OCWEN LOAN SERVICING, West Palm Beach, FL

2014-2015

Home Retention Relationship Manager

. Facilitated Loss Mitigation processes by programmed customer service

. Discussed with homeowners Modification, Reinstatement, Repayment Plans

and Foreclosure alternatives

DIGITAL RISK, Boca Raton, FL

2012-

2014

Mortgage Closer-Funder

. Organized and coordinated closings validating information per RESPA

rules.

. Revised virtual file documents in order to set up the closing

instructions for the Title Company.

. Revised and approved HUD-1 received from the Title Company.

. Complied with RESPA, MHA, States, Federal and company regulations.

. Release closing documents and reviewed for completeness once received

prior to funding.

. Initiated funding processing.

THE MERGIS GROUP, Boca Raton, FL

2010-2012

Assigned to K. HOVNANIAN AMERICAN MORTGAGE, LLC, Boyton Beach, FL

Post Closer-Assistant

. Audited Collateral documentation to comply with investors guidelines.

. Compiled and Audited FHA, VA and USDA documentation according to

guidelines of Fannie Mae and Freddie Mac.

. Processed Final Documents.

. Organized and analyzed documentation required for Federal and States

Agencies, and Investors reviews.

. Safeguarded information following document imaging procedures.

. Meticulous and accurate data entry, processing and scanning

documentation.

J P MORGAN CHASE, Chase Home Finance, Deerfield Beach, FL

2001-2008

Closer-Funder

. Initiated and coordinated 1st and 2nd mortgage closings which included

purchase and refinance of conventional loans in all states. Achieved

consistent loan quality by meticulously monitoring the closing process

obtaining 100% "saleable" loans.

. Consistently exceeded mandatory production objectives reporting

bookings over department average.

. Maintained an excellent relationship with internal and external

departments to resolve customer service issues, identify procedural

gaps and ensure the timely release of funds.

. Audited closing documents, cleared closing conditions to fully comply

with federal, state and company regulations.

. Closing, post-closing, rate locks and government claims.

Sr. Claims Specialist-REO

. Summarized, organized and initiated an accurate Mortgage

Insurance Loss Claim applying USDA and PMI regulations.

. Researched and collected data to support the process of loss claims

with USDA Rural Housing.

. Verified funds received and accurate applied them to loss claims

monthly reports.

LLOYD STAFFING, Plantation, FL

2000-2001

Assigned to CHASE MANHATTAN MORTGAGE CORPORATION, Deerfield Beach, FL

Loan Servicer

. Received and processed mortgage payments, batch checks, expedited

postings to maintain high customer satisfaction levels.

. Transferred funds by batches to payment processing and maintain

records for auditing purposes.

. Reconciled and maintained balances reducing the risk of misplacing

funds.

. Payment system update, audit, coordinate, batch, and schedule.

EDUCATION

Bachelors Degree in Education Science with Major in Biology-Universidad

Pedagogica Nacional, Bogota, Colombia

PROFESSIONAL DEVELOPMENT

MORTGAGE LOAN PROCESSING, Gold Coast Professional Schools, Ft Lauderdale,

FL

IMPORT AND EXPORT SPECIALIST, SER/IBM Institute, Miami, FL

ADDITIONAL COURSES:

. Sub-prime closing workbench- closing documents and definitions,

Training Central

. Sub-prime closing workbench-closing preparation, Training Central

. Sub-prime closing workbench-funding and wire process, Training Central

. Sub-prime closing workbench-funding key topics, Training Central

. Fraud detection and Prevention Training, Training Central

. Compliance Policies, Training Central

. Complete training on RESPA rules for closers

Contact this candidate