VICTOR J. KATES

**** ****** ***. *

Union, N.J. *7083

908-***-****

EXPERIENCE

Mortgage Consultant (self employed) 4/2018 to present

Step by step guidance through the mortgage process.

Document review for state and federal compliance.

Facilitate in rate and program selection.

Provide support in the gathering of processing and underwriting conditions.

Aid in a smooth transition to closing.

Weichert Financial, Morris Plains, N.J.

Conventional Underwriter 2/2016-4/2018

Prepared a careful, detailed analysis of the loan package to determine completeness and if a potential borrower presents an appropriate level of risk

Extensive knowledge in FNMA/HOC/FHLMC/VA/WELLS/USDA current risk principles.

Up to date with the latest Reg Z, ECOA, RESPA, SAR AML, HMDA and CFPB compliance requirements.

Proficient in use of Excel, LP/DU, Encompass and manual underwriting analysis, Some training with Data Track and Second Look software.

Excellent verbal and written communication skills

Skilled in complex self employed analysis of 1120s, Corp, K1 and 1040 tax returns.

Ability to work under tight timelines.

QC/Pre/Post Closing Underwriter 2005-7/2015

Preformed Pre/Post Closing/targeted forensic underwriting audits for FNMA/FHA/VA/FHLMC/HOC/Wells Fargo. Identified deficiency trends, recommended the required corrections. Maintained excel reports to assist in tracking defects. preformed REG Z, ECOA, RESPA, AML, Patriot Act, OFAC and HMDA, compliance audits. Executed investigations and conducted name searches, resolved matches identified during on-boarding and maintenance processes. Prepared Case files for review by business partners and other control areas.

Countrywide Home Loans, Newark N.J. 2000-2004

Home Loan Consultant/Underwriter/Closer

Mortgage Processor, Junior Underwriter, Underwriter, Closer and Title Reviewer for FNMA, FHLMC, HMFA, REO FHA & VA loans.

Underwrote FNMA, FHLMC, HMFA, REO loans. Managed a average of 40 loans originated from within servicing portfolio, promoted to Internet and telemarketing liaison.

Provide some systems support for Windows NT.

JP Morgan Chase, Edison, N.J. 1996-2000

Mortgage Processor/Junior Underwriter

Mortgage Processor, Junior Underwriter.

Managed an average pipeline of 40 loans. Specialized in FHA/VA/State loan processing.

Midlantic/Midcoast Mortgage Corp., Bloomfield, N.J. 1986-1994

Mortgage Processor

Maintained a working knowledge of FNMA, FHLMC, MFA, REO and FHA STREAMLINE regulations, receiving and reviewing credit reports, real estate appraisals, employment data, tax returns, asset verifications, preparing loan commitments, and assisting loan officers, borrowers, attorneys and real estate agents to expedite loan approvals and closings.

In addition provided PC support in DOS, Microsoft Windows, WordPerfect and PC maintenance.

EDUCATION

Weichert Real Estate School

January 2010 to May 2010

Subject: Real Estate Sells and Management 3.08 GPA

MICRO TECH, East Orange, N.J.

December 1994 to August 1995

Subject: Systems Analysis Microsoft Software Specialist 4.0 GPA

VAILSBURG HIGH SCHOOL, Newark, N.J.

September 1972 to June 1975 Major: Business

REFERENCES

Available upon request.

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