Erica R. Stubanas

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

Philadelphia, Pa 19114

215-***-****

acyxj5@r.postjobfree.com

Career Summary

Mortgage Representative and Sales professional with 17 years of diversified experience. Recognized for organizational, analytical and people skills

Firtrust Bank- 1 Walnut Grove Drive, Horsham, Pa 19044

Assistant Vice President-Residential Processing & Closing Manager Sept 2016-Jan 2017

●Oversees and manages all daily operations pertaining to 1-4 family residential mortgage processing and closing. Manage and directs the daily activities of the processing and closing department.

●Responsible for all fundings, and wires for all loans.

●Ensures efficient delivery of products and services to clients.

●Developed and implemented policies and procedures.

●Knowledgeable on all TRID compliance regulations and guidelines.

●Manage the Bank's lending pipeline for all wholesale, retail, FHA and PHFA loans, including first front door and neighborhoodlift programs.

●Manage a closing pipeline of 15-30 loan closings per day.

●Responsible for TRID compliance on all processing and closing areas of the department, as well as all RESPA, HMDA, Fair Lending, ECOA guidelines, post closing concerns, wires, servicing and escrows.

●Maintains a great working relationship with title companies, attorneys and all other vendors.

●Makes certain that all LEs, CDs are within the compliance threshold on all and any fees associated with the loan.

●Performs a variety of complicated tasks within the processing and closing world.

Penn Community Bank, Formerly known as First Federal of Bucks County, Perkasie, Pa April 2011-Sept 2016

Assistant Vice President- Residential Lending Operations Manager & Secondary Market

●Responsible for managing all support functions (processing, underwriting, closing, vendor ordering) for the Residential & Consumer pipeline of business, while training and developing an effective operations team.

●Manage the Bank's lending pipeline, carefully monitoring each loan and ensuring that turn times are met.

●Underwrite files as needed to facilitate production and meet monthly goals.

●Lead a group of processors, underwriters and closers to include offering direction and support.

●Rate lock & pricing- FNMA, in house pricing, and correspondent lending.

●Processes, underwrites, and closes all secondary correspondent loans.

●Daily & weekly pipeline meetings to ensure a great customer experience as well as meeting turn times and getting involved with appraisal desk support, title companies, search vendors, PMI reps, and exterior evaluations.

●Train existing and new employees with today's fast changing guidelines.

●Implement department’s policy & procedures.

●Ensures production is of the highest quality, and compliant with requirements set forth by bank regulators.

●Prepares and calculates mortgage modifications.

Philadelphia Federal Credit Union, Philadelphia, Pa September 2001 to April 2011

Mortgage & Consumer Originator/Processor/Closer/Trainer

●Originate, process and maintain mortgage files within volume requirement, gathers and verifies required documents, orders appraisal, credit reports, PMI, Verification of Employment, calculates income, reviews title, searches and all other necessary components to complete a loan file.

●Reviews loan package for accuracy, completeness and compliance with basic underwriting standards prior to submission to Underwriting for loan approval.

●Communication with borrower's, realtors, and reviews and resolves problem issues on loan applications.

●Conducts monthly mortgage seminars for 1st time home buyers.

●Train existing and new employees.

●Prepares all policy and procedures for credit union lending department.

●Prepares all settlement statements and HUD 1 in accordance to New Respa Guidelines for disclosures and closing packages.

Awards & Achievements

Certificate of Achievement in various MGIC, Radian & Fannie Mae Courses

Management college courses completed at Bucks County Community College

Top Mortgage producer for 7 years at Philadelphia Federal Credit Union

Computer Skills

Microsoft Word, Excel, Wordperfect, Windows 7, Symitar, Advantage 32, Encompass, DNA, Sound, Loan Producer, Internet, Email, Open/Close, Street, Doc Magic

Committees

Loan Committee for Penn Community Bank, Formerly First Federal of Bucks County, 2011-2014

Compliance Committee for Penn Community Bank, Formerly First Federal of Bucks County, 2011-2014

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