Loan Underwriter Processor

RENEE M. LAMB

**** *. ******* *** 480-***-****

Gilbert, AZ 85234 **********@*****.***

SUMMARY

Goal oriented and enthusiastic leader with twenty three years experience in Conventional mortgage underwriting and processing in major financial services institutions. Experienced in management of both people and process. Strong record of performance-driven advancement and relationship building. Top producer; consistently exceeded productivity and quality standards. Excellent leadership, communication, problem solving and prioritization skills. Able to motivate others to strive for quality and adapt to change. Adaptable skills and experience with high performance in training, risk management, exception processes and quality audits.

EXPERIENCE

Flagstar Bank– Dublin, CA April 2019 – February 9th 2023

Senior Underwriter / Team Lead

Responsible for reviewing loan files according to program and bank requirements. Signing authority for both conforming (DU and LP)

Underwriter for non-agency jumbo loans as delegated lender. Familiar with Chase, Wells Fargo, Redwood Trust, Citibank, Truist, AIG, PenFed and FSB in home non-agency/non-qm products

DE and VA credit/SAR authorized.

Experience with Non-QM loans and bank statement loans

Responsible for daily team assignments and team production

Second level review audits and second level review of non-agency/jumbo loans. Authority up to $3million

Review exception requests

New hire training and reviews for new hire credit authority

Team Lead for underwriting team of 10 with highest levels of quality and production for 2 years in row

Weekly sales calls with sales managers/branches to discuss escalations, scenarios and loans in process

Eagle Home Mortgage, LLC - TEMPE, AZ May 2015 – April 2019

Senior Underwriter

Responsible for reviewing loan files according to program and bank requirements. Awarded signing authority for both conforming (DU and LP) and jumbo loans as delegated lender. DE and VA credit/SAR authorized.

•Meet daily goals

•Review jumbo loans as both delegated and non-delegated underwriter to submit to investor

•Part of the Encompass Model Group to test new operating system and provide feedback and future training.

•Promoted to Assistant Underwriting Manager within 1 year of hire

National Residential Mortgage/Heartland Financial - Scottsdale, AZ Feb. 2015 – May 2015

Senior Underwriter III

Responsible for reviewing loan files which included analyzing title and appraisal reports and insurance requirements. Awarded signing authority for both conforming (DU and LP) and jumbo loans as delegated lender.

•Consistently met and exceeded daily goal

•Approached by management to interview for manager role within 2nd month of hire

•Excellent quality audits

•Knowledge and experience with Collateral Underwriter

MUFG Union Bank - TEMPE, AZ May 2013 – Nov 2014

Senior Underwriter III

Responsible for reviewing loan files which included analyzing title and appraisal reports and insurance requirements. Awarded signing authority for both conforming (DU) and portfolio loans.

•First to use new Empower system in startup operation and sent to Brea, CA to help facilitate additional training on system

•100% quality audits

•Consistently met and exceeded daily goals

•Assisted in second level reviews on new hire test cases

•Reviewer for loans with complex tax returns and financials

•Underwrote and wrote credit analysis to be reviewed and approved by upper management for loans with loan amounts up to $3+ million

•Underwriting authority of $1.1 million

Wells Fargo – TEMPE, AZ March 2013 – May 2013

Consumer Loan Underwriter 3

Review and decision loan documents.

•Hired as Senior Underwriter with 1.0 million signing authority

•Met production of average 8 files per day

JP MORGAN CHASE – TEMPE, AZ JAN. 2012- March 2013

RETAIL MORTGAGE UNDERWRITING SUPERVISOR

Manage team of 9 underwriters. Conducted training, target quality audits, performance reviews and responsible for file escalations. Experience with LP and DU.

•Hired as Senior Underwriter with 1.0 million signing authority

•Promoted to Supervisor within 6 months of receiving lending authority with 1.5 million signing authority

•Conducted HARP training for Tempe site to ensure all underwriters could underwrite HARP loans

•Zero percent critical errors on Loan Quality Audits for self and my team

•Consistently meets team production goals of average of 8 touches per day per underwriter

•Obtained FHA training

CITIZENS NATIONAL BANK- MADISON, MS MAY 2009-JAN 2012

Mortgage Group Lending Assistant

Assist Mortgage Lender in achieving weekly and monthly branch lending goals

•Consistently met or exceeded target of $2500 / week fee income

•Package and submit all loans to secondary market, including VA, FHA and RD

•Collect all necessary documentation and verify HUD and FNMA standards

•Familiar with Calyx System and DO/DU System

•High knowledge of secondary market, VA, USDA and FHA guidelines

•Process VA, FHA, Conventional, USDA, and other first time homebuyer programs

•Was asked to offer off site processing support for additional mortgage lender due to performance

TALENT TREE - Fort Mill, SC Nov.2008- May 2009

Employed as Temp for Wells Fargo Home Mortgage –Reverse Mortgage

Mortgage Loan Specialist

Communicated the status of loan applications to all internal and external customers on a daily basis.

•Managed pipeline of 50-60+ retail loans

•Average pipeline roll for closings 40-50%

•Managed all communication between Mortgage Consultant and customer

•Collected all necessary documentation and verified HUD standards

World Savings / WACHOVIA FSB–Charlotte, NC Aug. 1999–Oct. 2008

Fifth largest financial services institution in U.S. Acquired Golden West Financial in 2006.

Assistant VP/Mortgage Production Leader II – Charlotte, NC, 2007-2008

Directed mortgage operations for processing and underwriting within North and South Carolina.

•Facilitated classes for Senior Management -selected high performance teams on Portfolio underwriting following Golden West Financial acquisition. Trained approximately 400 Financial Specialists in 7 East Coast states, 2 classes per week over 10-week period. Received top rating for class effectiveness.

•Interviewed sales force to determine process and functional needs to implement new / improved startup underwriting fulfillment site.

•Interviewed and hired 4 processors and 3 underwriters from applicant pool of 25.

•Resolved customer service issues and conflicts within underwriting and processing, resulting in increased loan volume by 15 loans in first month of servicing underwriting for the Carolinas.

•Earned Assistant Vice President Corporate Title through performance and results.

Regional Underwriting Manager (World Savings subsidiary Golden West) Mesa AZ, 2003-2007 Managed team of 7 underwriters and 10 processors in all underwriting for Mesa and Tucson markets. Conducted training, quality audits, performance reviews and process analysis.

•Initiated wholesale broker training resulting in better applications and improved customer relationships and loyalty.

•Assumed additional responsibility for managing all out of state loan originations.

•Consistently met and exceeded company goals of 24 hour initial underwriting decision and 20 day turn around time from application to funding.

Quality Assurance Manager (World Savings) –Scottsdale, AZ, 2001-2003

Applied familiarity with front end mortgage loan processing and ability to analyze mortgage documents to support Loan Representative and boost production through direct customer contact and marketing. Responded to inquiries from clients and referral sources.

•Managed pipeline of 90+ loans per month.

•Helped increase volume for Loan Representative by approximately 20 loans per month.

•Promoted to Underwriter / Team Leader and subsequently QA Mgr within 2 years.

Pre-Underwriter/Loan Processor II, (World Savings), Bedford, TX, 1999–2001 Assembled and maintained loan file s in accordance with Federal policies and company standards. Communicated status of loans to applicable customers.

•Promoted to Pre-Underwriter within 6 months of hire.

•Averaged 13.98 days turn around time from application to funding – company goal 15 days

•Managed average of 40 loans per month – company goal 30 loans per month

EDUCATION

High School Diploma, Hereford High School–Hereford, TX

Government Authorizations:

CHUMS: IB91

SAR credit/appraisal certified: 022564

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