Foreclosure Specialist Mortgage Loan

SHARON NOVINS

Northridge, CA ***** 818-***-**** *.******@*****.*** linkedin.com/in/sharon-novins-2907b763/

EXPERIENCED MORTGAGE PROFESSIONAL

Leverages Knowledge of Regulations to Appropriately Execute Mortgage Loan Servicing, Foreclosure Activities and QA/QC Audits.

Meticulous, highly organized professional with 14+ years of mortgage operations and foreclosure review. Proficient in mortgage loan servicing including able to conduct post-closing reviews and verifying foreclosure documents. Strong track record of success in accurately detecting and reporting foreclosure exceptions to sellers and servicers. Adept communicator and collaborator partnering with team members to Equipped with superb relationship-building skills, a strong work ethic, and a clear focus on achieving established goals and meeting deadlines. A capable multitasker who accurately completes various simultaneous assignments. Excellent interpersonal, verbal, and written communication skills. Ability to work independently with minimal oversight

Core Expertise

Pre-Foreclosure Reviews RESPA Regulations FHA Connection (FHAC), FHA, VA, USDA, FNMA and FHLMC Mortgage Loans Closing/ Post Closing Loan Pre-Funding and Post-Funding Investor Relations Mortgage Processing Filing and Documentation Quality Control Risk Mitigation Collateral Documents State and Federal Regulations Compliance Loan Modification Suspense Reviews Ability to work with multiple team members to achieve a larger team objective

Professional Experience

PennyMac Loan Servicing, LLC Moorpark, CA 1-2016 –7 2022

PRE-FORECLOSURE DEFAULT REVIEW SPECIALIST III

Spearhead the end-to-end process of Pre-Foreclosure referrals packaging for FHA, VA, and USDA loans as well as the preparation of default notices; manage vendors responsible for creating referral packages.

Verify fairness and appropriateness of foreclosure decisions based on state-specific criteria by keenly reviewing liens, inspection reports, appraisals, and insurance policy documents.

Manage timeline reserved for pre-foreclosure, including FHA first legal due dates and overall foreclosure timelines for all loan types.

Showcase superb problem-solving skills and the ability to work with minimal supervision while handling complex and escalated foreclosure issues.

Maintain and update all portfolios dedicated to different states by following different checklists and fulfilling tasks for each account's timelines.

Utilize sound judgment and strong analytical skills to ensure fair decisions were made on matters relating to foreclosure, leverage knowledge of state and federal regulations.

Manage a portfolio of 400+ loans monthly, including FHA, VA, USDA, Fannie Mae, Freddie Mac, and Conventional Investors; meet all deadlines, quotas, and production goals by successfully scrubbing 25+ loans daily.

Analyze the loss Mitigation letter reviews including bankruptcy releases.

Understanding the foreclosure process and understanding the difference between Judicial and Non-Judicial proceedings.

Bank of America Various Locations 2007 – 2015

MORTGAGE LOAN OPERATIONS/ SENIOR COLLATERAL SPECIALIST, Recon Trust 2014 - 2015

Maintained in-depth knowledge of GNMA, FHLMC, and FHA Indemnity Documents and Review Guidelines as well as CMS requirements to properly execute due diligence reviews.

Demonstrated keen attention to detail and strong analytical skills while auditing and clearing discrepancies in collateral files during initial, final, and re-certification.

Evaluated collateral documents, such as notes, deeds of trust, and title reports thoroughly and documented as well as reported inconsistencies to the seller/ servicer.

MORTGAGE SERVICING OPERATIONS/ FINANCIAL ANALYST/ SENIOR ACCOUNTING SPECIALIST 2013 - 2014

Oversaw the reviewing of loans with a focus on fee activity to effectively mitigate risks and determine fee allocation to new investors or borrowers.

Collaborated with colleagues in conducting a follow-up on clients with past due fees/ balances, resulting in improved operational efficiency.

Served as a productive team member who provides assistance in guaranteeing loan/ transaction levels were properly categorized with the Fees Due Group and that past due fees was routed to Loan Document Review.

MORTGAGE CLAIM PROCESSOR/ FORECLOSURE SPECIALIST/ SENIOR CLAIM RESEARCHER 2011 - 2012

Cultivated productivity by demonstrating the ability to multitask to perform wide-ranging duties and manage special projects; facilitated mortgage claim processing, foreclosure handling, and mortgage claim research.

Guaranteed records and documents relating to ownership were consistent with applicable state and federal laws to support fair foreclosure proceedings by ensuring proper documentation was made.

Leveraged state and federal laws to verify whether assessed fees and penalties were reasonable and customary, taking note of exceptions if any.

SENIOR GOVERNMENT INSURING SPECIALIST 2008 - 2011

Adhered to established HUD guidelines while obtaining and reviewing loan documents of closed FHA loans.

Led the evaluation and processing of at least 5 to 7 FHA loans daily and ensured meeting deadlines, including the turnaround requirement of 48 hours.

Assessed FHA insurance applications submitted by sellers in FHAC, providing feedback and requesting amendments to ensure 100% compliance with set requirements.

FHA POSTING SPECIALIST I / FEDERAL LOAN AUDITOR 2007 - 2008

Ensured 100% compliance with established state and federal government requirements on insuring and guaranteeing loans by auditing Reverse Mortgages and FHA loan files.

Practiced keen attention to detail while executing initial document reviews to detect files with accounting-related deficiencies; documented and reported files with deficiencies using company templates for resolution.

Prepared compliant files for submission to the agency by completing cover letters and adding relevant data.

Education & Professional Development

Accounting Certificate, West Valley Occupational

Technical Skills

Microsoft Office Suite (Word, Excel, PowerPoint, Access) AS400 QuickBooks Property Preservation Vendor Websites MSP Proprietary Mortgage Processing Software, LAFA, Lamp, LPS PennySaver & IPortal RIMS Report (Excel) FHA Connection SCRA searches for Active Military PDF

Contact this candidate