Timmy Wells

Phone 708-***-****

Email/ ad09jm@r.postjobfree.com

Professional Summary

• Highly skilled financial professional with over 15 years' experience in financial services, with emphasis on Compliance, post-closing, and clearing loan deficiencies

• Excellent interpersonal skills to promote and foster relationships with both internal and external clients

• Natural self-starter who excels both independently and within a team- oriented environment

• Experience performing the loan closing function for a pipeline of transactions in accordance with bank policies and procedures, including the collection of loan closing conditions necessary for the closing and disbursement of a residential first mortgage transaction

• Resourceful, analytical, highly organized, and adapts well to change

• Experience maintaining and updating daily reports, reflecting if loans passed or failed the process of researching the OFAC status of borrowers and parties of interest Technical Skills and Core Competencies

Proficient in MS Office Suite: Word, Excel (pivot tables, V Lookup and H Lookup), Outlook, PowerPoint

Professional Experience

Federal Savings Bank/Beacon Hill

Post-closing Analyst-Final Docs Department 4/2019 –2/2020 Patrick Driscoll/ Manager

Clearing DIC

• Preparing release Docs for third party vendors

• Scanning final document & sending them out fed ex

• Updating spread sheet

• Updating Investor file for the current month

• Training new employees

Federal Savings Bank/Beacon Hill

Sr. Loan Administrator/ Commercial Loan Closer 6/2018 — 9/2018

• Booking Consumer and Commercial loans into Fisery an Encompass Loan System

• Submit files to ensure integrity and accuracy of loan packages and closing disclosures

• Funding the loan also manually cutting the check as well as sending out the funds

• Sending out congratulation letters to the borrower on there loan and how much there monthly payments will be.

• Recalculating the Trid/Hud for any miss fees or bucket miss placement system will not let the loan be process if numbers and fees don't match

• Notate the system on loan status as well as all third party vendor

• Check all document for accuracy and consistence in info and escrow fees BMO Harris Bank, Naperville, IL 1/2017 —

7/2017 Loan Closer

• Closed Residential First Mortgage Transactions

• Coordinated, reviewed and reported HMDA information

• Performed the loan closing function for a pipeline of transactions in accordance with bank policies and procedures, including the collection of loan closing conditions necessary for the closing and disbursement of a residential first mortgage transaction

• Responsible for managing and reviewing assigned pipeline on a daily basis and escalating any concerns to management

• Provided customer service to the borrower during the closing process

• Reviewed loan payoff figures and verify as accurate

• Prepared closing package

• Worked with title company to distribute closing document package

• Worked with the title company to coordinate the logistics pertaining to the loan closing

• Ensured all transactions are properly documented in accordance with bank program standards or ensure exception situations are properly documented and authorized

• Followed up on any missing information or documentation

• Assisted team members when necessary to achieve productivity goals Wintrust Bank, Downers Grove, IL 5/2016 — 11/2016

Closing/Post Closing Analyst

• Scheduled loan closing and compile and type closing documents

• Verified accuracy and consistency of specifications on documents, such as title abstract and insurance forms

• Answered questions regarding closing requirements

• Enter numbers and calculates loan interest and principal payment, and closing costs, using computer or factor table and calculator

• Generated closing documents

• Assembled documents for delivery to Title Company, real estate broker, or lending officer for closing

• Recorded loan information in log and on government reporting forms, using computer

• Compiled closed loan forms for delivery to marketing department for sale to investors

Platinum Mortgage, Palatine, IL 4/2015 —

10/2015 Due Diligence Underwriter

• Analyzed all initial and closing critical documents including; mortgage, TIL, HUD, Title and bank statements Verified insurance, PMI and hazard Activated insurance

• Recalculated and analyzed HUD and TIL APR

• Reviewed note funding dates and underwriter conditions for accuracy and send corrective conditions to funder, underwriters and processors with communication with management in each department with findings

Stone gate Mortgage, Oakbrook, IL 7/2013 —

6/2014 Due Diligence Underwriter

• Corresponded with brokers post funding, in order to cure loan defiance's, including credit and collateral documentation

• Cconducted loan closings.

• Analyzed submitted documentation to ensure compliance with applicable investor guidelines including Fannie Mae, Freddie Mac, FHA and VA

• Uploaded information to mortgage system

• Analyzed income, credit, assets and collateral documents in order to determine if the submitted documentation will cure the loan deficiency

• Notated process and of all files in full detail

• Setup funding documentation for with verifications of disbursements including escrows

PNC Bank, Downers Grove, IL 3/2012 — 7/2013

Quality Assurance Specialist

• Compared the outcome/results of loan origination system outcome

(documentation) from the old version to the new one

• Verified borrower and secondary information such as alias on credit reports and bank statements with the Office of Foreign Assets Control (OFAC)

• Ensured that Appraisers, Title companies and employers are in good standings with the Office of Foreign Assets Control (OFAC)

• Maintained and updated daily reports, reflecting if loans passed or failed the process of researching the OFAC status of borrowers and parties of interest

• Post Closer

• Thoroughly reviewed the Note, ARM riders, interest only addendums and disclosures to make sure loans were in compliance and all required information was disclosed to the borrower

• Reviewed the HUD-1 statements and TIL disclosures for section 32 violations including over and under disclosures

• Knowledge of federal, State and local predatory lending laws and the impact on mortgage

Bank of America, Rolling Meadows, IL 2/2009 —

5/2009 Mortgage Auditor

• Audited 15+ FHA and Conventional loan files daily

• Responsible for refinance loan documentation

• Ensured closing documents were completed

• Responsible for income and equity verification

• Fraud check, Appraisal audit, mortgage documentation review

• Taxing whole files

• Contact brokers to for follow-up and conditions

Education

Proviso East High School, Maywood, IL

High School Diploma

Contact this candidate