JOSE GUZMAN

*** *. *** ******, ******, CA ***** • 714-***-**** • ad2p9z@r.postjobfree.com

HIGHLIGHTS AND QUALIFICATIONS

Dedicated and experienced certified bilingual professional with a solid background in the mortgage industry spanning for over 25 years with the capacity to work well under pressure, recognized as results-oriented with an ability to outperform independently and within a team. Ability to organize and manage time effectively in a fast-paced environment, identifying, analyzing, and problem solving skills attentively, leadership, training, communication, and quality oriented analysis. Areas of strength include:

Ability to review income tax returns, all schedules and IRS filings. Strong background in credit, appraisal and assets review, assets which include ability to review bank statements or quarterly financials. Strong Product Knowledge in NQM, FHA, VA, FNMA and FHLMC. Maintain up to date with programs used such as DU, LP, Excel, and Word. Use of technology from third party vendors for purposes of identifying fraud. A highly independent self-starter enjoys working at a fast pace and is an effective team player good at memorizing different guidelines and procedures. Works in a fast-paced environment while maintaining excellent service to both the customers and office procedures and expectations. Possess strong written and oral communication skills and able to demonstrate proficiency in developing and articulating persuasive arguments. Proficient with: MS Word, Excel, Outlook, LOS Empower, Equator, LPS, AACER, Lexis, AS400, LPS Desktop, DISSCO, Data Quick, Real Quest, iPortal, Landsafe, FileNet, TENA, Kaizen MEMBERSHIPS

Member: HOLA (Hispanic Organization for Leadership and Advancement), Volunteer inJunior Achievement, Toast Masters (Leadership)

PROFESSIONAL EXPERIENCE

Guaranteed Rate- Sr. Quality Assurance Credit Review Analyst 07/03/21-7/14/2023

● Audit review of pre-funding and Post-close loans; review credit, income, appraisals, assets for accuracy and within guidelines.

● Verify the existence and accuracy of underwriting documents and verify if the underwriting decision was supported.

● Compliance with mortgage insurer guidelines, the existence and accuracy of legal and closing documents.

● Monitor and ensure loans were underwritten in accordance with company and investor guidelines.

● Assist underwriting in underwriting residential loans and ensuring compliance with appropriate company and investor standards.

● Examining loan documentations for accuracy and completeness while working with loan originators or production staff to secure all required documents.

● Worked with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans.

● Respond directly to individual and investor audits Impac Mortgage Corp- Sr. QC Analyst III 02/ 2015 - 06/12/2021

● Assess overall credit risk of loan underwriting through analysis of all loan components and ensure compliance with applicable federal, state, and local regulations, laws, and acts (e.g., RESPA, TILA, ECOA, FHA and HMDA)

● Keep up to date on all Impac’s products, policies, programs guidelines and procedures which ensures only sound credit underwriting practices are exercised on all of the loan products offered

● Perform routine audits on loans with varying levels of complexity including, iQM, FHA, VA, FNMA and FHLMC and ensure compliance with all investor guidelines and philosophies are met and the data relied upon in making the underwriting decision is accurate

● Perform audits of loans in Pre-funding, Post-closing, Early payment default, Special loan selection and denied loans assigned and ensure compliance with specific program and guidelines

● Maintain a minimum of 4 loan audit per day and ensure communicate loan findings orally and in writing and support decisions rendered

● Implement and enforce fraud detection techniques

● Effectively communicate and engage proactively with underwriters and Sr. Management with audit findings to ensure efficient resolution

● Very knowledgeable with self-employed income and review of income tax returns, all schedules and IRS filings and communicate calculations verbally and in writing.

● Possess high expertise in credit, assets and appraisal review

● Strong knowledge in iQM, FHA, VA, FNMA and FHLMC loan products

● Exposure with Data Trac, Encompass, Empower, Blitz,

● Daily review of the pipeline and offer assistance where help is needed most

● Adheres and adopts the Impac values and upholds Impac’s Policy and Procedures set forth by the company

● Strong technical skills – creative thinker and problem solver.

● Participates in group discussions to improve communication and resolve issues/problems pertaining to assignments being performed. Bank of America Home Loans, Brea, Ca GSE Production Team Lead- Audit Dept 06/2007 - 10/2014

● Reviewed and remedied rejected loans sold to Freddie Mac and Fannie Mae. Resolved investors' concerns and issues related to non-performing loans for adherence to established loan guidelines.

● Independently conducted full and comprehensive audits and evaluations of the highly complex, high-risk loan files with heavy focus on pricing, compliance to provide management and investors with objective analysis.

● Extensive residential mortgage loan underwriting, compliance, forensic underwriting, mortgage loan repurchases, quality control audits. Reviewed and audited management data to confirm effectiveness and reasonable costs.

● Assisted management with evaluating risk management programs for effective control systems.

● Declined purchase of non-performing loans and determined corrective action.

● Regularly exercised discretion and independent judgment on critical business-matters that had a significant financial impact and developed quarterly and annual plans with Risk Management per company policies and guidelines.

● Prepared, distributed and presented reports of external audits/inquiries/findings to identify exceptions, discrepancies, trends and recommendations.

● Determined loan-quality impact and quantifying anticipated financial loss.

● Reviewed loan-to-value ratio, credit reports, appraisals, and applications to ensure loans met investor and Bank of America guidelines and presented audit reviews focusing on internal operational control systems.

● Disputed loans rejected subjectively by investors for income, value, and exceptions.

● Located and verified missing documents essential to compliance and credit acceptance. While with MI Dept.

● Examined Mortgage Insurance claim denials from Secondary Markets investment banks and Mortgage Insurance companies.

● Was the 1st associate to handle and manage all BAC MI Claim denials and was responsible for creating a training manual of all BAC systems, programs, processes and procedures.

● Was responsible for presenting BAC MI Claim denials to repurchase committee or conduct Impasse meetings with Mortgage Insurance Companies.

● Assist in the training of new hires on the due diligence process, and answer questions they may have regarding guidelines. New Century Capital Corporation, Irvine, CA Investor Relations- Team Lead 01/2003- 05/2007

● Evaluated and assigned conditions to underwriters for clearance per regulatory requirements.

● Worked closely with project managers, coordinators and investors to ascertain compliance was being established.

● Oversaw external and internal communications on all transactions to ensure conditions properly delivered to investors.

● Assisted in training of new associates with guidelines, programs, policies and process.

● Successfully managed various projects, accurately multi-tasked under tight deadlines and provided consistent/accurate mortgage lending underwriting while complying with New Century Mortgage and Investor guidelines.

● Review the credit and compliance landscape and apply appropriate policies.

● Responsible for working with the due diligence vendors on loan exceptions and rejects.

● Collaborated with compliance and risk management functions to ensure proper execution.

● Assessed and analyzed investor's rejects to adhere to seller's guidelines.

● Presented reports on audit findings focusing on improving the efficiency of internal control systems.

● Evaluated any post closing issues to ensure the integrity of the file.

● Validated loan file to ensure all the appropriate documentation in compliance.

● Overwrote conditions/suspensions for all loans and reviewed loan files for accuracy.

● Examined exceptions to determine whether they had a strong benefit to the company.

● Identified errors and omissions for internal training per established guidelines and policies.

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