Michael Faust

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

Moreno Valley, CA 92555

951-***-**** or 951-***-****

ad1bib@r.postjobfree.com

SUMMARY

Enthusiastic, equipped, and highly experienced underwriter whose primary goal is to maximize profits and minimize losses. Solid background in financial services as a management executive, processing strong analytical, research, and statistical skills. My strengths are fraud detection, risk control and mitigation, due diligence monitoring, corporate credit evaluations, regulatory compliance and client relationship management. Ability to review and ensure salable or non-warrantable guidelines are met alongside quality and service standards. Dedicated to continued education, quality performance, integrity and portraying a solid public relations image on behalf of my employer. PRIOR WORK EXPERIENCE

• Corporate Underwriter, Accredited Home Lenders

• Risk Management Investigator, Fremont Investment & Loan

• Branch Sales Manager, Associate Financial Services

• Revenue and Recovery Tech II, County of Riverside

• Assistance Manager, ITT Financial

PROFESSIONAL WORK EXPERIENCE

Loan Depot, Lake Forrest, CA September 2020 to October 2021 Condo Review Underwriter

• Completes conventional underwriting reviews for new and established projects for conventional, FHA and VA loans.

• Analyzes risks appropriately by assessing property information including purchase contract, escrow instructions and preliminary title report to issue final underwriting decision.

• Maintain compliance, quality and meeting closing schedules. As well as counsel production and processing staff on current and proposed loan submissions, providing high level of customer service.

• Review all budget, reserves, insurance coverage, deductibles, by-laws and legal documents for the project and unit.

• Assist in renegotiation and effectively explaining rationale behind credit decision to customer and auditors. Wells Fargo Bank, San Bernardino, CA January 2009 to August 2020 Consumer Loan Underwriter

• Reviewed applications and determined whether to extend mortgage loans or not based on creditworthiness and risk. Ensured compliance with FNMA and FMLMC guidelines and standards.

• Performed income verifications using financial statements, credit reports, tax returns and assets, implementing fraud detection techniques.

• Calculated debt-to-income ratios and other metrics; evaluating an applicant’s ability to repay; reviewed collateral value; and made lending decision based on analysis.

• Interacted with integrity and a high level of professionalism with all levels of team members and management.

References available upon request