Diane Walker

*** *******’s Court • Woodbridge, NJ. 07095 •908-***-****• acxbqx@r.postjobfree.com

Business focused and resourceful professional, offering strong leadership skills and solid career dedication. Confident, poised, and focused professional with a commitment to success, accurate, precise, and ethical in all work assignments and able to immediately contribute to the company’s goals and objectives; Reputation for consistently meeting challenging goals with unequaled success.

Leadership, Teamwork, & Motivation

Strategic Business Planning/Analysis

Continuous Improvement Initiatives

Knowledge of Regulations & Policies

Company/Operations Development

Communication/Interpersonal Skills

Account Management/Development

Profit and Loss/Budget Management

Process/Project Management

Staff Training & Development

Cost Containment and Control

Computer Program Knowledge

PROFESSIONAL EXPERIENCE

The Huntington National Bank- Remote-(Senior Mortgage Loan Underwriter) 8-2016-Present

Evaluates overall income, credit and equity of each loan application to determine whether an applicant is likely to repay a mortgage loan

Ensure that the property specifications and loan terms meet investor overlays, Fannie Mae, Freddie Mac, and FHA requirements and government regulations to delivery into the secondary market.

Ensures timely review and clearing conditions to meet and exceed customer expectation.

Balanced the need for loan-volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.

Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals. Maintained compliance with lending, underwriting and government requirements.

Demonstrated excellent follow-through with borrowers, loan processors, loan originators and management throughout all phases of the underwriting process.

First key Mortgage LLC (Quality Control Manager Repurchase-Recovery) Rye Brook N.Y -October 2015-8/2016

Perform forensic underwriting and servicing review on required loan files. Make determination of deficiencies identified during the review of the loan file to determine non-compliance with company, industry, investor, servicing guidelines, and/or federal/state/local laws.

Make an appropriate decision if a repurchase demand or recovery for the loan file

Responsible for all written and verbal communication to counterparty and internal parties (risk management, sales, legal, compliance, operations, servicing, transaction management, and finance) for repurchase demands or recovery requests and status.

Evaluate all rebuttals from counterparties and make an appropriate decision on the acceptance or non-acceptance of the rebuttal

Create, maintain and distribute reporting internally/externally for all repurchase demands and recoveries.

Coordinate selection process for external monthly Post Purchase Compliance Review and Servicing Compliance to ensure the timely delivery and appropriate servicing of selected loans

Review and analyze external monthly Post Purchase Compliance Review and Servicing Compliance reports for high risk trends and credit issues and recommend policy changes and/or training to offset accordingly

Prepare monthly reports for Senior Management, including any recommended changes

Maintain all policies and procedures pertaining to repurchase demands, recoveries, compliance and reporting

Provide agenda, supporting documentation and minutes for Repurchase Committee and Compliance meetings.

Stay well-informed of technological solutions and opportunities to fulfill the responsibilities of the role and developing and implementing a strategy to utilize state of the art techniques

Continually develop and implement methods, techniques and reports to accomplish the deliverables of the role at the highest standards possible.

Advise management of emerging risks and trends as they relate to RESPA, REG Z, TRID, ATR, and QM

As required, provide business requirements for all related technology implementations.

Implement policy and procedures as required.

Familiar with CFPB guidelines, Reg. Z, C, M, and Z

Hudson City Savings Bank (Private Label Mortgage Resolution), AVP- Repurchasing (SPG)/ Mortgage Insurance, HELOC First and Second Lien Reviews, Paramus, NJ, 2013-Sept. 2015

Analyzed and review files for any misrepresentations in regards to credit, employment, income, collateral and occupancy. Responsibilities include an in-depth forensic review of aged non-performing loans, as well as non-compliance, provided written recommendation on results found. Provide due Diligence review results.

Key Accomplishments and Contributions as a Senior Underwriter, Investor Relations

Serve as a liaison with legal, investors, compliance, loan servicing, production, and product development to validate the demand or defend the adherence to guidelines and contracts to discover a resolution, excellent customer service skills.

Composed a comprehensive report which addressed the validity of the repurchase demand claims, analyzed the overall investor-quality of the underwritten credit profile, and produced the information in the company’s executive summary which established JPMorgan position

Developed and maintained complete and accurate daily, weekly, monthly, and other periodic records of quality control protocols, practices, checks, and procedures

Draft repurchase letters based on findings

Use of various third party services based on characteristics of loan file

Prepared and distributed reports of findings to identify exceptions, discrepancies, trends, and recommendations.

Provide support to Sellers by evaluating and supplying feedback on loan scenarios, at times based on limited information, and MSR (Mortgage Servicing Rights)

Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities

Demonstrated ability to lead projects and initiatives

Exception relationship management ability to effectively partner

across division lines.

Managed complex litigation issues involving fraud, RESPA, TILA,

class actions, title claims, builder issues, complex corporate contract

transactions, repurchase litigation and debt avoidance issues

Underwriting of conventional and jumbo loans to premier clientele; DU as

well as manual; self-employed borrowers, managed pricing desk as needed.

Thorough knowledge of Fannie Mae, Freddie Mac, VA/FHA Loan Quality

Assurance guidelines

In depth understanding of both State and Federal Compliance

regulations

Extensive knowledge of full origination lifecycle to include

processing, closing, underwriting, protocol and guidelines and compliance

Review and cite MLPSA, PSA, FMLSSA, and Assignment, Assumption, and Recognition Agreements.

JP Morgan - Private Label Mortgage Resolution Group, New York, NY 2/2010 -12/2012

Repurchase Analyst/Compliance AML

Responsible for reviewing (SPG)/ Mortgage Insurance, HELOC and First and Second Liens.

Analyzed and review files for any misrepresentations in regards to credit, employment, income,

Collateral: and occupancy.

Provide an in-depth forensic review of aged non-performing loans as well as non-compliance

Provided written recommendation on results and due diligence review results.

Served as a liaison with legal, investors, loan servicing, production, and product development to

validate the demand or defend the adherence to guidelines and contracts to discover a resolution

Developed and maintained complete and accurate daily, weekly, monthly, and other periodic records

of quality control protocols, practices, checks, and procedures

Draft repurchase based on findings

Use of various third party services based on characteristics of loan file

Provide support to Sellers by evaluating and supplying feedback on loan scenarios, at times based on

limited information

Participate in evaluating current loan review processes and provide feedback and recommendations to

Increase efficiency and risk management capabilities

Thorough knowledge of Fannie Mae, Freddie Mac, VA/FHA Loan Quality

Assurance guidelines

Affinity Federal Credit Union – (Correspondent Channel), Senior Underwriter Basking Ridge, NJ, 2009

Evaluated applications for; FHA, VA, Conventional, Jumbo, and Home Equity Loan products, analyzed all financial statements, cash flow statements, LP, DU, CRA, and manual review. Prepared executive summaries for loan committee presentation and interfaced with committees to obtain loan approvals on complex transactions, conducted various lender-delegated reviews to ensure compliance.

Key Accomplishments and Contributions as a Mortgage Loan Senior Underwriter

Acted as a Subject Matter Expert (SME) for both internal and external customers for all project-related issues, including contract variances and waivers and provided guidance and training to lender partners on project issues for condominiums/townhomes, PUD and cooperative properties

Manual Underwriting

Regularly exercise discretion and independent judgment on critical business matters that had a significant financial impact.

Independently conducted full and comprehensive audits and evaluations of highly complex and high risk loan files with a heavy focus on pricing, compliance, and customer investor requirements.

General Electric GE Consumer Finance, Team Lead Underwriting, Orangeburg, NJ, 2004-2008

Evaluated, approved, and underwrote complex consumer loans while ensuring compliance with strict company and industry guidelines; Analyzed specific valuations to ensure the conformity to the Uniform Standards of Profession Appraisal Practice (USPAP). Implemented and enforced policies and procedures; Planned and coordinated workflow to optimize efficiency and productivity throughout the department.

Key Accomplishments and Contributions as the Team Lead and Senior Underwriter

Served as a Subject Matter Expert; assisted with difficult and complex problems and questions, handled escalated calls, and facilitated highly effective technical training to ensure consistency

Coached and mentored junior underwriters on decision making and departmental policies

Participated in the preparation and selection of “scratch and dent” pools of loans chosen for final disposition to selected investors and audited loan pools to ensure their conformity to RESPA and guideline requirements.

Analyzed entire portfolios and pipelines, identified patterns of fraud, and evaluated risk factors and market trends

EDUCATION and TRAINING

Core College Coursework – Business Administration / Business Management and Economics Coursework

Ashford University – BA- Economics and Business in Progress

Professional Development Training and Certifications: Due Diligence • Tax Return Analysis HARP • VA Underwriting • FHA DE Certified • HAMP • SAS – Reporting / Query • Appraisal Reform • FHA Credit Examiner • Six Sigma Black Belt Certification • Lean Methodologies Certified RESPA Reform and Compliance 2011- Dodd Frank • Advanced Quality Control Certificate

Professional Affiliations and Memberships

Co-Chairperson for General Electric’s Women’s Forum, Orangeburg, New York Site, YCS, and GEMS

Trained in Colors, Growth Traits, Fresh Ideas Start Here, Fund Committee, and NAMP (Mortgage)

Computer and Technical Proficiencies: Calyx Point • Deal Management • Microsoft Office Suite • Desktop Underwriter • Loan Management System • Loan Prospector • Empower • LSAMS • MLCS •Encompass Lexis Nexis • Westlaw • Retro AVM • Loan IQ• Secretary of State • TRID Certified • Pre Real Estate License • MCA • ComplianceEase • MetaSource• LoanCare •AllRegs •QCMI •ACAMS •LoanSpan •Cash •Microsoft Office• LPS

Contact this candidate