Loan servicing specialist

Michael Deshu

M: 214-***-****

E: *************@*****.***

PROFILE

Driven professional with 4 years front end underwriting, loan servicing and post closing underwriting experience with strengths in data review, income analysis, document review, communication and organization.

UNDERWRITING WORK HISTORY

CURRENT

MrCOOPER, TX ( IDC Technologies) - Jan 2022 - Current

PREVIOUS

SitusAMC, NY - Aug 2020 to December 2021

PREVIOUS

Guardian Mortgage, TX (On-Track Assignment) - May 2018 to August 2020

UNDERWRITING DUTIES AND EXPERIENCE

MrCOOPER (IDC Technologies) – FEB 2022 (Current)

●Review borrower information between third party and loan servicing systems and validate against customer checklist.

●Review and work closely with business units to gather necessary information.

●Verifies quality, completeness and accuracy of supporting loan documentation.

●Manage application received, follow-up and track submissions and data reconciliation.

●Validate taxes, PMI and hazard insurance escrow accounts to ensure accurate payments were made by the due date.

●Verify documents for bankruptcy and foreclosure are in place and upload documents as per process manuals.

●Review and update borrower and loan details such as maturity date, loan amount, transaction date as per checklist for each process.

●Verify loan modification documents received from the borrower as per checklist.

●Reviews disclosures for signatures, dates and accuracy and runs daily reporting to follow up on missing ordered items.

●Coordinate with internal teams and check loan status.

●Organizational and time management skills to balance workload and meet deadlines.

PREVIOUS:

Situs AMC, NY Aug 2020 to December 2021

● Analyzing and rendering credit decisions on mortgage loan applications in line with internal policies and investor guidelines as established by Fannie Mae and Freddie Mac.

● Reviewing and analyzing all required documentation to assess if additional verification or analysis is needed.

●Reviewing, interpreting and understanding various documents such as income and asset documents, taxes, credit reports, titles and cursory review of appraisals.

● Making decisions to accept, suspend, or decline loans.

● Maintaining positive business relationships with customer management and underwriting teams.

● Applying customer and/or internal procedural guidelines regarding any special handling or notification during the underwriting process.

●Adjusting daily demands to facilitate rushed requests due to team workload rebalancing and other demands while maintaining turn times within 4 hours to 48 hours consistently.

●Staying updated on changes in agency and other guidelines.

Guardian Mortgage, TX (On-Track Assignment) – May 2018 to August 2020

● Authorizing and underwriting loans.

●Reviewing and verifying loan applications and supporting documentation.

●Analyzing loan risk and requesting additional information as necessary.

●Preparing reports on assessment findings.

●Making loan eligibility decisions and approving or rejecting applications.

●Reviewing and specifying loan conditions as necessary.

●Ensuring compliance with regulatory standards.

●Ensuring compliance with company policies and guidelines.

●Documenting and effectively communicating reasons for the approval/rejection of loans.

●Returning applications with additional documentation to the loan officer for review.

EDUCATION

Speciss College, Hre Zim - 2014 - 2018

SKILLS SUMMARY

Encompass Desktop Underwriter LP MS Office Suite Allregs Workflow Lending & Underwriting Guidelines Credit & Income Analysis Cash-Flow Analysis Risk Assessment DTI Ratios Conventional Conforming Loans DataVerify Remedy IASSIST LSAMS

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