Resolution Specialist Closing Manager
Resume:
Shanna McDaniel Mobley
214-***-**** cell
**************@*****.***
Funding, Closing, Post Closing, & Corr. Lending Professional
Professional Experience
Nesco Resorce Temp Agency
VIA American Airlines Federal Credit Union
Responsible for pre-closing Loan, credit analysis and quality control of the loan info
Timely and accurate closing and funding of mortgages in 50 states plus Virgin Islands
A back up role for initial member contact via calling and emails
Inputting/Verifying info in Prime Alliacne
Reviewing HOI. Appraisals, Titles, Payoffs, CD, Knoweledge of TRID Guidelines, Sending out 3 Day TRID CD’s in accurate timely manner
Balancing CD’s with title companies/Law Firms
Going over 3 Day CD’s with borrowers
Balancing CD’s for funding the loans
Kind Lending April 2021 – August 2021
Review and balance CD’s prepared by title for several states
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Make sure docs are in compliance before sending to title and once receiving docs back to review and fund the loan
Balance CD’s with title company
Balance wires and generate through wire department
Verify Fund all loans in a timely manner
Review payoffs
Primary contact for processors and title companies
On average docs draw and fund 45 to 60 loans per month
Principal Balance Reductions
TRID knowledge
Send CD’s to borrower(s) for signatures 3 days prior to closing
Escrow knowledge
Review signed docs for accuracy, signatures, dates for funding
Maintained Daily Pipeline
Average 75 files per month depending on available work
Retail & Wholesale Loans,,,FHA, Conv, VA, some USDA
Interactive Mortgage September 2020 to April 2021
Draw closing docs for Refinance FHA, Conventional, Investment, and Purchases
TRID knowledge
Send Initial CD’s to borrower(s) for signatures 3 days prior to closing
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Balance wires and generate through wire department
Review signed docs for accuracy, signatures, dates for funding
Balance CD’s with title company
Maintained Daily Pipeline
Average around 60-80 files per month depending on available work
Retail and Wholesale loans FHA, Conv, VA, some USDA
Mr. Cooper April 2019 to September 2020
Send Initial CD’s to borrower(s) for signatures 3 days prior to closing
TRID knowledge
Primary contact for processors and title companies
Review title reports for vesting, taxes, and mortgages
Escrow knowledge /Balance Wires /Balance CD’s
Draw closing docs for Refinance FHA, Conventional, Investment, and Purchases
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Balance wires and generate through wire department
Review signed docs for accuracy, signatures, dates for funding
Balance CD’s with title company
Recovco/Sprout Mortgage – April 2017 to November 2018
Sr. Closer/Funder/Post Closer /Correspondent Lending
TRID knowledge
Primary contact for processors and title companies
Review title reports for vesting, taxes, and mortgages
Verify Fund all loans in a timely manner
Draw closing docs
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Review loan estimate disclosures
Send CD’s to borrower(s) for signatures 3 days prior to closing
Escrow knowledge /Balance Wires /Balance CD’s
Review signed docs for accuracy, signatures, dates for funding
Review reports from investors purchasing loans and determine if a refund needs to go back to the borrower due to under disclosed/non disclosed tolerance issues
Refund borrowers regarding errors that were made throughout the loan closing for ALL closers /providing check, post close CD, Letter of Explanation to borrower
Prepare allonges, send Final Title Polices, and Recorded Mortgages to investor
Prepare/send wires for closings and correspondent lending, etc.
McGlinchey, Stafford, Youngblood, and Associates Law - February 2016 – February 2017
Doc Drawer/Funder
Draw closing docs for Refinance FHA, Conventional, Investment, and Purchases
Review and balance CD’s prepared by title for several states
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Make sure docs are in compliance before sending to title and once receiving docs back to review and fund the loan
Balance CD’s with title company
Balance wires and generate through wire department
Verify Fund all loans in a timely manner
Review payoffs
Primary contact for processors and title companies
On average docs draw and fund 45 to 60 loans per month
Principal Balance Reductions
TRID knowledge
Send CD’s to borrower(s) for signatures 3 days prior to closing
Escrow knowledge
Review signed docs for accuracy, signatures, dates for funding
Nationstar Mortgage LLC., Irving, Tx. January 2009 – January 2016
REO Closer
Manage daily reports for closings
Review and approve HUD’s verifying commissions are correct and correct credits have been applied for certain properties
Obtain POA’s
Negotiate HOA’s and obtain estoppels
Obtain Executed deeds
Verify Deed In Lieu /Foreclosure deeds have been recorded
Verify for clear title having all judgments resolved
Work closely with title, asset managers, and listing agents
Senior Closer/Funder
Draw closing docs for Refinance FHA, Conventional, Investment, and Purchases title to prepare HUD-1 for several states
Verify and input info from Processing prior to the loan closing; ensuring all data in system matches info in the file
Reviewed Hud-1 for refinances and purchase loans for accurate info
Make sure docs are in compliance before sending to title and once receiving docs back to review and fund the loan
Balance HUD-1
Balance wires and generate through wire department
Verify Fund all loans in a timely manner
Review payoffs
Primary contact for processors and title companies
On average docs draw and fund 75 to 115 loans per month
Respa 2010 /GFE Knowledge .. 10% Tolerance Cures and 0% Tolerance Cures
Principal Balance Reductions
Escrow Knowledge
(Systems used TMO, Blitz, Cascade, Quantum, Realec)
Post Funding Resolution Specialist
Assist all operation departments with cleaning up and correcting errors after loans have funded
Correct loans that have not been paid off in a timely manner
Recalculate payoffs and wire payoff shortages to servicing
Determine if corrections can be made to signed docs and not have to reclose loans
Reconciliation for wires, escrows, payoffs, etc.
Correct Vesting on Mortgage/Deed Of Trust with title
Clear Deficiencies
(Systems Used TMO, Quantum, Blitz, Realec)
Countrywide Home Loans, Dallas, Texas, February 2006 – January 2009
Senior Funder
Closed loans and fed ex out or E Doc to title companies/ mobile notary.
Reviewed docs for accuracy of signatures and initials.
Verified loans were in compliance.
Generated wires to Wire Department; ensured they were balanced for funding.
Funded loans within a timely manner of the calendar month.
Solved inquiries and questions for title companies for funding docs, escrow issues, HUD-1, etc.
Primary contact for loan officers, processors, title companies, etc.
Centex Home Equity LLC, Dallas, Texas, April 2005 – January 2006
Closing Manager/Broker
Reviewed and maintained daily funding reports identifying outages; holding staff accountable for timely follow up with title companies for funding.
Generated wires and ensured they were balanced.
Trained and coached new hires; established goals for improvements for the day to day work flow.
Solved inquiries and questions for title companies for funding docs, escrow issues, HUD-1, etc.
Reviewed Hud-1 for refinances and purchase loans.
Primary contact for loan officers, processors, brokers, RVP’s & SVP’s.
Reviewed funding docs for accuracy of compliance, signatures, and initials prior to loans funding.
Funded 350 – 450 loans monthly.
Reconciled loans from Quality Control to ensure loans were in compliance to sell to investors.
Green Point Mortgage, Dallas, Texas, September 2003 – April 2005
Funding Manager/ Correspondent Ldg.
Managed the startup process to open a new branch for Correspondent Lending.
Secured the receipt of original collateral (original notes).
Identified funding discrepancies with investors concerning pricing issues for loans that were purchased.
Generated wires and ensured they were balanced.
Reported daily pipeline reports to SVP.
Managed all loans to be reviewed within an allotted time depending on the delegation of the loan.
Managed the shipping department to ensure ALL loans and collateral files were sent to the collateral vault in a timely manner after loans were funded.
Trained and coached new hires; established goals for improvements for the day to day work flow.
Selected to travel to several cities for due diligence review.
Led sub team in closing down two correspondent branches.
Education
Justin F Kimball High School: H.S. Diploma
Texas Womans University
Degree : No
Software
Encompass, Cisco, Filenet, Edge, TMO, LSAMS, Blitz, Quantum, Cascade, Chip, Hermit, Excel, Word ICD, MAX, Doc Magic, Doc Velocity
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