Mortgage Collateral Loan Specialist
Resume:
Ruel Sanjongco
Murrieta, CA *****
****.*********@*****.***
PROFESSIONAL SUMMARY
Over 25 years of work experience in the mortgage industry which includes, more recently, disclosing initial and revised disclosures to borrowers for purchase and refinance loans. Results-oriented and detailed-oriented with commitment to long-term accuracy and efficiency.
Skilled in reviewing mortgage loan documents, Purchase Agreements/Sale Contracts. This includes loan collateral files (Notes, Mortgage, Assignment of Mortgage, and Title Policy)
SKILLS
Skilled in processing transactions within appropriate time frames; result-oriented; detail-oriented; and possesses the ability to work and coordinate with management when issues arise.
Adept at working in a team environment.
Proficient in Excel, Word, and Outlook.
EXPERIENCE
Mortgage Disclosure Specialist MAY 2020 - OCTOBER 2022
iServe Residential Lending— San Diego, CA
Disclose initial and revised disclosures (redisclosures) to borrowers promptly and accurately within regulatory requirements using MeridianLink and DocMagic.
Responsible for auditing, verifying and ensuring that mortgage loan disclosures are accurate and comply with regulation timelines.
Coordinate with Branch Production and Processing team members as necessary to validate fees associated with the applied mortgage transaction and deliver disclosure documents
Prepare Loan Estimate (LE) and confirm fees based on quotes from title and escrow company.
Review pricing and discount points are correct.
Monitor and disclose change of circumstances requests requiring a redisclosure.
Verify fee and loan information for accuracy at time of disclosure or redisclosure.
Review fee changes to determine compliance with TRID changed circumstance and tolerance requirements.
Doc Drawer SEPTEMBER 2019 - JANUARY 2020
Union Bank— San Diego, CA
Assisted with the mortgage loan closing/funding process by pulling and reviewing loan documents from Empower for completeness and accuracy.
Reviewed loan documents by filling out a checklist as a back-up. Submitted loan documents to escrow.
Review and balance the estimated settlement statement from escrow.
Submitted CD (Closing Disclosure) to escrow.
Provided support to internal and external clients for any issues related to the loan documents.
TRID Specialist April 2016 - AUGUST 2019
Guild Mortgage Company— San Diego, CA
JULY 2016 - AUGUST 2019
Reviewed incorrect final documents, Closing Disclosures and Settlement Statements, and resolved issues by making the appropriate corrections.
Processed document audits and make appropriate changes as necessary. Logged all pertinent documents into the system.
Forwarded final documents to the appropriate investor or custodian according to department procedures. Report document discrepancies.
Monitored quality of incoming work to identify trends and avoidable upstream errors. Provide feedback and suggestions for corrections and improvements.
Communicated issues related to completing requests for original documents.
Processed original and copy documents requests based on workflow data
Document Specialist
APRIL 2016 - JULY 2016
Received, processed, image all files and supporting documents in document retention system in compliance with Guild Mortgage Company, Agency, Investor, Title Company and County Recorder policies, procedures and guidelines.
Ensured all documents received and imaged are filed or routed to appropriate staff in a timely manner.
Received, sorted, and distributed mail to appropriate departments.
Documentation Analyst NOVEMBER 2009- JANUARY 2016
Chase Bank— Escondido, CA
MARCH 2015 - JANUARY 2016
Verified the accuracy and completeness of Chase automobile loan documents.
Enter information into the system regarding the loan and verify numbers are correct on contracts submitted and meet federal regulations.
Corrected errors during visual inspection and make mechanical adjustments.
Maintain accurate records for verification.
Prioritized work by sorting and interpreting processing items.
Foreclosure Specialist
NOVEMBER 2009 - JANUARY 2014
Responsible for processing bidding instructions to the attorney for foreclosed properties to meet Chase and State guidelines for sale.
Verify state and investor (FHA, FNMA, FHLMC, GNMA, VA, and Private/Bank Owned) guidelines for bidding instructions provided to the attorney.
Responsible for audit quality control reviews on Bid and SCRA issues.
Handled projects assigned by supervisor to draft and update Quality Control procedures.
Operations Specialist
NOVEMBER 2009 - JANUARY 2014
Manage approximately 200-300 foreclosure cases from referral through the foreclosure sale dale.
Provide follow-up with attorneys, mortgage insurance companies, and investors. Log all actions taken.
Review loan information in G/L, MSP, and LPS applications to ensure proper documents have been uploaded for review.
Responsible for the research, answer, and closing the issues raised by the attorney within 48 business hours of creation.
EDUCATION
California State University - Fullerton, Fullerton, CA - Bachelor of Arts, Finance
GRADUATED AUGUST 1992
Cerritos Community College, Norwalk, CA - Associate of Arts, Accounting
GRADUATED AUGUST 1986
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