Paul Renner

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

Petersburgh, NY 12138

Cell Phone 516-***-****

E-mail ad23ze@r.postjobfree.com

SUMMARY

• Experienced professional with a successful career in banking, business development, and administration.

• Excel at interfacing with others at all levels to ensure organizational goals are attained.

• Proactive approach has resulted in capturing numerous accounts and expanding client base.

• Possess excellent interpersonal, analytical, and organizational skills.

• Excel within highly competitive environments where leadership skills are the keys to success.

• An effective manager with the skills necessary to direct, train, and motivate staff to its fullest potential. SKILLS

• Proficiency with SAS, SAP Crystal reports, FICS/ Loan Serv/ Encompass/ Unifi/ALSCOM / Calyx/ Contour /Maestro, Fiserv, Microsoft Office, Adobe Acrobat Professional, QuickBooks, Lexis Nexus, Data Verify, Fraud guard and various other due diligence systems.

• Proficiency with various industry residential and commercial originations/lending Loan origination / servicing soft ware including Agency/ HUD / MAP, various fraud prevention/due diligence software web sites.

• Website Administrator for company access and privileges for various investor access, credit reporting/ ordering and monitoring use of over 100+ employees

EXPERIENCE

TD (Toronto Dominion) Bank, Lewiston, ME November 2011 – Present Loan Underwriter III/ Assistant Vice President

• Responsible for Loan analysis/ approval / underwriting of FNMA/ FHLMC conforming, FHA (203b), Construction (open and end loans), CRA lending and portfolio products.

• Responsible for loan analysis, appraisal/ credit review/compliance, income/employment/ asset review evaluation including the calculation of the debt to income /DSCR and compliance to internal /regulatory policies/ procedures, and secondary market program guidelines.

• Responsible for the preparation, issuance, and credit review clearance of loan approvals and conditions for the appropriate secondary market guidelines.

• Proficiency with DU, LP, LAPP and HUD single family automated origination systems. In addition, working knowledge of the following P.M.I. AUS systems (i.e. Genworth, MGIC, Radian, United Guaranty, and Essent). Primary processing and originating software was Encompass/ Unifi/ Fiserv.

• Ensures, through audit and review, adherence to bank-wide operational compliance programs for the changing regulatory environment as it pertains to the Bank.

• Provide analysis, risk-based evaluation, direction, guidance and management reporting pertaining to all functions of the Bank. Conduct regular, on-going, risk-based compliance and CRA activities. Prepare accurate written reports and well- documented work papers and supporting analyses.

• Evaluate the accuracy of data related to the Home Mortgage Disclosure Act (HMDA), the Community Reinvestment Act

(CRA), multi-state Banking, Federal (RESPA)/Reg Z / TILA, HMDA, Fair Lending and safety & soundness insurance compliance.

• Assist with the review and update of internal compliance policies and procedures; ensure communication of policies and respond to questions.

HNFS- PGR Enterprises, Massapequa Park, NY August 2008 – November 2011 Loss Mitigation/ Underwriting Director

• Responsible for directing, providing and planning for various residential and commercial originations/lending operations frontline underwriting services for residential/ commercial mortgage DSCR evaluations / workouts, repurchase advisory (put back and buyback), default/specialty servicing underwriting/negotiations/ monitoring of sub servicers’ performance and or advances and loss mitigation services for distressed commercial and residential mortgage assets for our third party clients inclusive for the following: residential financing, business line/ inventory / accounts receivable LOC’s, small multifamily

/commercial/ single use, warehouse, hospitality/senior housing/ non for profit financing, office building / large multi-family/ mixed use properties with loan amounts up to $50,000.000.00.v Proficiency with various residential and commercial originations/lending operations underwriting, loan origination and Due Diligence systems.

• Recommended and developed various of income documents / financial statements / budget plans, collateral evaluations and other loss mitigation factors regarding imminent default through late stage default scenarios.

• Responsible for evaluating “waterfall effect” and NPV of the current distressed/ specialty serviced asset.

• Directed and coordinated appropriate legal responses, venues and remedies for the suitable resolutions and/or exit strategies. .

• Responsible for the preparation, implementation, and monitoring progress of mitigation resolutions including the review of underwriting, legal and quality assurance in the implementation of these resolutions. Identify risks and internal control weaknesses; proposes and implements solutions. Provide compliance input on business action plans, disposition projects or operational requests.

• Reviewed loan files for deficiencies in credit policy, collateralization, and compliance for multi-state Banking, Federal

(RESPA)/Reg Z / TILA, HMDA, Fair Lending and safety and soundness insurance compliance.

• Remain current and monitor compliance developments in the marketplace; make recommendations as appropriate for scratch and dent/ distressed property evaluation .

• Proficiency with various residential and commercial originations/lending operations underwriting, loan origination and Due Diligence systems.

Custom Capital Corporation, Massapequa Park, NY February 2006 – July 2008 Quality Control/ Operations Manager

• Responsible for monitoring of residential and commercial originations/lending operations for multi-state Banking, Federal

(RESPA)/Reg Z / TILA, HMDA, Fair Lending and insurance compliance requirements and Quality Control policies for up to 35 branches and preparation, implementation, and monitoring corporate and credit policy guidelines regarding funding and quality assurance of the residential and commercial originations/lending operations.

• Reporting directly to Senior Management on monthly, quarterly, semi- annual and annual profitability, liability / compliance exposure, day-to-day and strategic operational issues, and credit quality control procedures and policy.

• Responsible for compliance to investor guidelines/ secondary market agreements for loss mitigation solutions such as workouts, negotiations, and loss mitigation which include Forbearance repayment plans, loan modifications, deed in lieu and short sale transactions with secondary market/ investors and third party providers including the development of resolutions and exit strategies for the protection of the corporate interests and workout resolutions in curing deficiencies to said investor agreements/correspondence/ relations and monitoring portfolio performance with investors.

• Analyze and interpret new regulatory requirements for business impact and completing risk assessments; ensure the company's compliance program remains effective and accurate.

• Integrate regulatory/state compliance requirements into policies, processes, internal controls, training programs and system functionality and provide direction to staff and management in the development and revision of accurate, effective policies and procedures.

• File appropriate compliance reports, lending records retention relative to banking laws and requirements with regulatory agencies .Conduct periodic internal reviews or audits to ensure that compliance procedures are followed. Liaison with auditors and examiners during regulatory and safety and soundness examinations.

• Provide compliance Assist in developing internal controls testing and appropriate metrics to support the Company’s Compliance Program.

• Partner with departmental management for the development of new products and/or delivery systems and modifications; identify compliance related issues or new requirements. Highlights:

• Managed and increased operational production in generating more than 8-10 million in revenue and fee income within any twelve month period in my first two years of employment.

• Developed a strategic quality control and compliance campaign, which resulted in receiving company’s Shining Star Award for Quality Control/ Funding management.

HTFC Corporation, Garden City, NY May 2005 –September 2005 Senior Underwriter/ QC / Loss Mitigation (Consulting)

• Responsible for oversight of the underwriting and secondary market placement of the jumbo and super jumbo Alt-A Portfolio residential / Small Commercial / Mixed Use/ Multifamily products. Primary products are direct securitization product lines

/whole loan traded. Direct sign off authority (delegated authorities) up to $1.5 million and directed credit policy.

• Responsible for oversight of credit analysis operations and processing compliance for Multi-state Banking, Federal

(RESPA)/Reg Z / TILA, HMDA, Fair Lending and safety and soundness insurance compliance for secondary market program guidelines. Counseled upper management on various due diligence, quality control, and loss mitigation issues.

• Responsible of oversight of quality assurance/ control functions on front end underwriting of income, credit, asset and collateral/ appraisal review procedures, developed operational / credit policies for the compliance with secondary market guidelines and preparation, issuance, and managed the credit review pipeline for the department clearance of loan commitments and conditions for the appropriate secondary market purchases and guidelines.

• Proficiency with DU, LP, various due diligence, automated underwriting and origination systems.

• Maintaining day today operational workflow and developing credit policy, reported directly to CEO on credit, operational, and secondary marketing issues and policy.

• Responsible for compliance to investor guidelines/ secondary market agreements for loss mitigation solutions and workout resolutions in curing deficiencies to said agreements.

• Managed and developed corporate policy for corporate litigation and loss mitigation planning compliance for work outs, negotiations, and loss mitigation which include Forbearance repayment plans, loan modifications, deed in lieu and short sale transactions with secondary market/ investors and third party providers including the development of resolutions and exit strategies for the situation and protection of the corporate interests. and guidance while ensuring the proper execution of the Bank's Compliance Program.

• Assist with the development and presentation of data summaries and status reports of compliance activities to senior management and the Board as requested on new regulatory requirements for business impact and completing risk assessments; ensure the company's compliance program remains effective and accurate. First Money Mortgage Group, LTD., Patchogue, NY May 2004 – May 2005 Processing Manager

• Responsible managing the pre-qualification, processing, underwriting and lender placement of the FNMA/ FHLMC conforming, FHA (203k & b), Construction (open and end loans), Rehabilitation, non- conforming (sub-prime, portfolio, etc….), and small commercial/mixed use products.

• Responsible for managing loan placement and processing compliance to N.Y.S. Banking, Federal /RESPA) and title insurance requirements for secondary market program guidelines.

• Responsible for the preparation, issuance, and credit review clearance of loan commitments and conditions for the appropriate lender guidelines.

• Proficiency with DU, LP, and HUD single and multifamily automated underwriting and origination systems in addition, to various AUS systems. Primary processing and originating software was Calyx Point.

• Independently research and investigate employee and customer compliance-related questions and concerns; maintain documentation and investigational results.

Mortgage Warehouse/ Vertical Lend, Melville, NY September 2002 – March 2003 Underwriter

• Responsible for pre-qualification, processing, underwriting and secondary market placement of the FNMA/ FHLMC conforming, FHA (203b), Construction (open and end loans), Rehabilitation, non conforming (sub-prime), Alt. A & NIV portfolio products.

• Responsible for loan analysis, appraisal review/compliance and processing compliance to N.Y.S. Banking, Federal (RESPA) and title insurance requirements for secondary market program guidelines.

• Responsible for the preparation, issuance, and credit review clearance of loan commitments and conditions for the appropriate secondary market guidelines.

• Proficiency with DU, LP, and HUD single and multifamily automated underwriting and origination systems. In addition, working knowledge of most P.M.I. and various secondary market AUS systems (i.e. E-mits, E-quals, Opitus, etc….). Primary processing and originating software was Contour.

Southern Star Mortgage Corp., East Meadow, NY June 2002 – September 2002 Underwriter

• Responsible for pre-qualification, processing, underwriting and secondary market placement of the FNMA/ FHLMC conforming, FHA (203b & 203 K), Construction loans (open and end), Rehabilitation (FHA and Portfolio), npn- conforming (sub-prime), Alt. A, NIV portfolio products, and small mixed used /commercial.

• Responsible for loan analysis, appraisal review/compliance and processing compliance to N.Y.S. Banking, Federal (RESPA) and title insurance requirements for secondary market program guidelines.

• Responsible for the preparation, issuance, and credit review clearance of loan commitments and conditions for the appropriate secondary market guidelines.

• Proficiency with DU, LP, and HUD single and multifamily automated underwriting and origination systems. In addition, working knowledge of most P.M.I. and various secondary market AUS systems. Primary processing software was Calyx Point.

North Country Mortgage Banking, Inc., Bohemia, NY January 2002 – June 2002 Underwriter/ Sr. Processor

• Responsible for pre-qualification, processing, underwriting and secondary market placement of the FNMA/ FHLMC conforming, FHA (203b & 203k), Construction (open and end loans), Rehabilitation, non-conforming (sub-prime), Alt. A, NIV portfolio products, small mixed used/commercial.

• Responsible for the preparation, issuance, appraisal review/compliance and credit review clearance of loan commitments and conditions for the appropriate secondary market guidelines.

• Proficiency with DU, LP, and HUD single and multifamily automated underwriting and origination systems. In addition, working knowledge of most P.M.I. and various secondary market AUS systems (i.e. E-mits, E-quals, Opitus etc….). Primary processing and originating software was Contour.

L’Abbate, Balkan, Colavita & Contini, Garden City, NY July 2001 – January 2002 Consultant/ Paralegal

• Responsible for review of the final loan package and title clearance for the delivery to the secondary market investor.

• Responsible for monitoring and development of the legal packages for the closed loan packages.

• Responsible for consultation of banking regulatory compliance and legal requirements for the mortgage secondary markets for the firm’s clients.

Hampton National/ PGR Enterprises, Carle Place, NY October 1998 – May 2001 Co-owner/C.O.O.

• Responsible for adherence to Federal/ RESPA and NYS Banking Dept. compliance.

• Managed profitability, human resources and day-to-day operations.

• Responsible for the supervision of origination, processing, placement and funding of third party placement of FNMA/ FHLMC/ FHA, construction, commercial/small mixed use, non-conforming, and sub prime loans. Traveler’s Bank and Trust, FSB., Melville, NY Oct 1995 – Oct 1998 Servicing. Manager/ SMART Solution Center

• Responsible for compliance to federal and regulatory compliance for Multi-state Banking, Federal (RESPA)/Reg Z / TILA, HMDA, Fair Lending and safety and soundness insurance compliance.

• Direct supervisor of the origination, processing, appraisal review, underwriting and funding of $15 million + conforming and non-conforming (sub prime) real estate loans monthly. Responsible for the profitability of the agency office and adherence to corporate policy including credit and human resources.

• Two-time Chairman’s forum Winner 1996 and 1997, 1997 Top producer in Peer group.

• Direct credit authority to $500,000

• Primary processing software used was Maestro.

• Responsible for the oversight, servicing and maintenance of 550+ million residential mortgage servicing portfolio of 1st and 2nd lien position loans for Metro NY Region.

• Responsible for work outs, negotiations, and loss mitigation which include Forbearance repayment plans, loan modifications, deed in lieu and short sale transactions with secondary market/ investors and third party providers including the development of resolutions and exit strategies for the situation and protection of the corporate interests. Superior Bank, FSB f/k/a Statewide Capital, Uniondale, NY October 1993 – October 1995 Loan Officer/Underwriter

Empbanque Capital Corp., Carle Place, NY June 1991 - October 1993 Loan Officer

EDUCATION

Bachelor’s of Science, Economics 1991

State University of New York at ONEONTA, Oneonta, NY Minors: Management and Psychology

Course Work Study - Banking / Corporate Finance, Accounting, Auditing and Inventory, Psychology, Behavioral Science and Cognitive Learning

Additional Professional Activities:

• Successful completion of American Bankers Association courses in Residential and Commercial Underwriting, including property evaluation.

• Approved contract underwriter for various PMI insurers (Radian, Essent, Triad, PMI, GE, etc.) and various due diligence contract underwriting firms (Bohan, Top Echelon and Clayton Groups, etc.)

• President –Tau Epsilon Phi Fraternity, Phi Upsilon Chapter, Oneonta, N.Y. (1990 and 1991)

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