ARETHA LEONARD

*** **** ***** **, ********* TX **407 214-***-****

ad39dc@r.postjobfree.com

Experience

Area Underwriting Manager

Cross Country Mortgage, Brecksville, OH (Remote)

June 2021 – Present

Assist with ensuring underwriting turnaround time/SLA requirement are met.

Coordinate weekly sales and ops meeting to provide updates on pipeline, loan status/challenges within underwriting and offer solutions to improve the quality of loan submissions.

Perform random underwriting audits to ensure quality.

Certify and second sign BOND programs (CHFA, OHFA, and TDHCA)

Perform second level reviews on credit exceptions and credit denials.

Responsible for overseeing Underwriting quality deficiencies are within company standards and marketable.

Assist with new hire boarding transition.

Partner with sales and processing to resolve escalations. Wholesale Operations Manager

First Guarantee Mortgage, Plano, TX

August 2020 – May 2021

Coordinate productivity and metrics measurements with the Reginal Sales Managers

Assist with department underwriting conditions to maintain company turnaround time/SLA requirement and quality metrics.

Oversee ongoing mentoring and training for underwriters and processing supervisors.

Lead weekly staff meeting to communicate company changes and guidelines updates for Investors and GSE’s

Coordinate weekly sales and ops meeting to provide updates on pipeline, loan status/challenges within underwriting and offer solutions to improve the quality of loan submissions.

Perform mortgage credit analysis, with or without the assistance of automated underwriting system, to determine borrower’s willingness and ability to repay mortgage debt.

Perform second level reviews on credit exceptions.

Maintain production goals and the investment quality of loans underwritten with an understanding of industry standard and documentation requirement for loans sold to investors, FNMA, FHLMC, VA, FHA, and Gennie Mae Securities

Partner with sales to ensure mortgage applications are originated efficiently and in compliance.

Responsible for maintaining Underwriting Purchase deficiencies within company standards. Ensure all loans are marketable quality Managing AVP Production Risk Management

Nationstar Mortgage, Irving, TX

January 2013 – July 2020

Grant exceptions and second level reviews on FNMA, FHLMC, FHA, VA and Jumbo loans

Assign underwriter credit authority after conducting or reviewing underwriter’s audits.

Provide changes or updates to policy and procedure to adhere to FNMA, FHLMC, FHA, and VA guidelines.

Develop training material and manage team that delivers underwriting training.

Liaison between Channel Operations teams and Credit Risk Oversight on credit policy

Monitor defect reporting and identify trending issues.

Manage team that trained, monitor, and track compliance for vendor underwriters.

Develop and deliver underwriter’s remediation plans.

Manage team that resolved post-closing defects, repurchases, and insuring issues.

DE and SARS Certified

FHA Remote Underwriter

Homestar Financial, Gainesville, GA

August 2012 – January 2013

Responsible for rendering decisions on credit applications based on FNMA, FHLMC, and FHA guidelines and lender overlay criteria, internal guidelines, Fair Lending and all other regulatory requirement.

Required to determine levels of creditworthiness and overall risk while ensuring the absence of fraud and validity of information submitted.

Performing final approvals and reviewing the entire loan file through verification processes, including adherence to investor’s guidelines and compliance.

Following up on conditions and stipulations and review of additional conditions needed on finals

Ensuring 100% adherence to all new and existing guidelines and investor program

Education Major in Business Management/Accounting

Florissant Community College, Florissant, MO

December 1994

Computer Skills Microsoft Word, Excel, Power Point, Candor, OPUS, scanners and able to type 50-60 words/minute

References Upon Request

Contact this candidate