Madison Sublett

* **** *****

Coto de Caza,CA, **679

949-***-****

ad12p7@r.postjobfree.com.

PROFESSIONAL SUMMARY

** +years of Mortgage Underwriting experience

Signing Authority of up to $2.5 Million

Experience with Conventional, FHA, Jumbo, A-Paper

Demonstrated ability to analyzed credit findings, title reports, and appraisals

Adhered to FNMA and FHLMC regulations, procedures and guidelines.

Developed and implemented policies and procedures over financial transactions, resulting in standardized report

Coordinated relationships with other finance departments and lenders, which helped standardize procedures across all operating groups

Proficient in Microsoft Office Suite, Excel, Encompass and TRID

Created TRID training manual for underwriting and compliance team.

PROFESSIONAL EXPERIENCE

Nova Capital Financial, Costa Mesa, CA June 2013-Present

Lead Underwriter/Manager Retail

Mortgage Underwriting experience, with signing Authority up to $10 million dollars

Conventional, FHA, FNMA, FHLMC, VA and USDA loans. LP and DU experienced

Analyze Taxes Return, Income, and Financial Statements, Title and Appraisal Reports.

TRID compliance underwriting

Maintain complete documentation on all loans.

Able to meet underwriting decision turn time.

Home Bridge Correspondence, Irvine CA January 2013 to June 2013

Senior Underwriter

Verify that the AUS being used is appropriate for the loan program/product requested

Review loan file and loan program/product to determine which supporting documents must be in the loan file.

Ensures that loan information is accurately input in the LOS and the AUS by verifying the data determined to be accurate based on the analysis of the loan file documentation received from the broker or loan officer

Review all aspects of loan file

Reviews the AUS’s analysis of the borrower’s credit

Ensures all necessary credit information about the borrower is listed on the report

Determines borrower’s credit score

Reviews the AUS’s of the borrower’s credit

Analyzes income, assets, employment and collateral documentation provided. Review these documents to identify any red flags noted

Communicates underwriting decision to appropriate parties, i.e. broker and/ or American Sales staff.

Participation in system development projects and tasks, system testing and analysis to ensure operational readiness.

Bank of Commerce Mortgage, Newport Beach, CA September 2012 to February 2013

Senior Underwriter

Underwrite Retail FHA and Agency Loans to investor’s guidelines

Analyze Tax Returns, Financial Statement, Income, Title and Appraisal Report by program guidelines

Analyzed total scorecard as well as Manual underwriting

Adhered to all FHA/HUD 4501 Guideline

Rendered prudent and timely underwriting decision, worked closely with Processor, Funder and Loan Officer’s

Articulated audit finding, risk and detailed recommendations to upper management

All set goals met within time frame rendered

Strong verbal and writer communication skill

New Bold Advisor, Irving, TX February 2012 to September 2012

VP Underwriting Manager/ Consultant

Managed a staff of 42 consisting of underwriting assistants, underwriting manager underwriters

Company was in the process of closing

Rendered accurate, efficient and excellent customer service

All goal met within time frame rendered

Strong verbal and written communication skills

Extensive Mortgage Loan document audit for compliance related issues

Optimized and managed research and development spending through collaboration with key business leaders

Generated financial statements and facilitated account closing procedures each month

Suggested budgetary changes to increase company profits

Created periodic reports comparing budgeted costs to actual costs.

First Merit Mortgage, Canton, OH March 2008 to February 2012

Consultant VP Underwriting

Oversee the retail government and conventional underwriting department

DU/LP loan finding and manual underwriting

Developed several portfolio loan products for the banks high balanced client

Demonstrated ability to analyzed credit findings, title reports, and appraisals

Strong verbal and written communication skills

Manually underwrote jumbo loans per FNMA/FHLMC guidelines

2,500,000 signing Authority and proven ability to render 24 underwriting decisions time frame and adhere to state and federal regulatory and compliance procedures

SKILLS

Problem Solving, Leadership,Management, Project planning, Report Development, Corporate and Individual Tax Returns, Word, Excel, Outlook, Calyx Point, DU, LP, AS400, TMO, FHA Connect, Blitz, Super Trac, Data Trac, Encompass

EDUCATION

B.A Political Science

Chapman College- Orange, CA

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