Loan Processor Underwriter
Resume:
Tiffany Dumond
Jacksonville FL.32218
adwrho@r.postjobfree.com
• Tiffany Dumond is a motivated and diligent professional with a decade of underwriting experience who is eager to utilize my skills with your company
• In her most recent role with JP Morgan Chase as a Mortgage Banker Underwriter, she was responsible for evaluating loan risk through verification of loan information, clarifying risk, clearing potential fraud alerts, and approving or denying loan applications due to risk determined in the underwriting process. She was also responsible for reading and understanding Desktop Underwriter and reviewing appraisals for property value.
• In her previous roles with Wells Fargo and American Mortgage as a Loan Consumer Underwriter 3C Authority and Junior Underwriter respectively she was responsible for calculating income using the DTI ratio and determining the overall risk of a loan application file prior to approving or denying the application. Professional Experience
ACTIVE SAFE registered (Individual NMLS license #1783172) Chase Mortgage
Credit Lending Underwriter lll ( Global Team ) -11/1/2019 -12/1/2022
• Held responsible for mentoring, coaching and guiding offshore beginning underwriters how to obtain their credit lending authority
• Held responsible for reaching my daily goal of reviewing new applications, suspensions and resubmissions
• Held responsible for reading policy and procedures and following underwriting guides
• Held responsible for reconciling files that are missing information from different departments within the company .
• Held responsible for completing annual fraud alert courses .
• Held responsible to pass the annual recertification of my mortgage credit lending authority each year . Digital Risk 8/2015 – 11/2019
US Bank Project Sr Loan Processor
• Manage an assigned pipeline of 70+ loans on a monthly basis
• Request required verifications, documentation and subsequent follow-ups and ensure all timeframes and compliance requirements are being met
• Complete income analysis calculations, review credit report, appraisal and title to ensure in line with investor and company guideline requirements
• Clear fraud alerts
• Order Written VOE’s and perform Verbal Verification of Employment
• Order Titles and obtain and review Clear to Close
• Review Initial Closing Disclosures with applicants and schedule closings Citibank Project Conventional Underwriter 3 years
• Evaluated loan risk through verification of loan application information
• Verified application information against loan criteria guidelines and standards
• Clarified risk by requesting additional information
• Identified and recorded application deficiencies required for rejecting mortgage loan
• Provided rejected application back to loan officer
• Responded to questions, queries and request with suitable information
• Evaluated residential mortgage loans risk on timely basis based on sound underwriting decisions
• Provided prompt, quality service to originating branches and correspondents professionally
• Upgraded information on processing and underwriting systems to verify, add, delete or waive conditions
• Evaluated applications and make decisions regarding whether to approve for financing
• Read and understood DU reading guidelines
• Provided due diligence by evaluating the risk of lending
• Cleared fraud alert meeting SLA within 48 hours and calculated Income Citibank
Anti-Money Laundering Analyst (Contractor) 10/2014 – 02/2015
• Investigated and assessed alerts for potential money laundering risks in the Bank
• Ensured efficient identification and monitoring of suspicious activities and transactions
• Ensured timely efficient reporting of suspicious transactions to AML Compliance Officer and the Financial Intelligence Center
• Utilized Lexis Nexis to run accurate searches
• Maintained a constant understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies and developing trends
• Obtained documentary proof of suspicious transactions and ensure effective record keeping of suspicious transaction
• Identified and reported to the Financial Intelligence Center in line with the requirements of the Financial Intelligence Act
• Exhibited general understanding of the marketplace AML issues and AML suspicious activity transaction monitoring systems, data mining/analytical tools, and KYC automated solutions Gap due to seeking employment
Wells Fargo Home Mortgage
Loan Consumer Underwriter 3C Authority 7/2012 – 1/2014
• Evaluated loan risk through verification of loan application information
• Verified application information against loan criteria guidelines and standards
• Clarified risk by requesting additional information
• Identified and recorded application deficiencies required for rejecting mortgage loan
• Provided rejected application back to loan officer
• Responded to questions, queries and request with suitable information
• Evaluated residential mortgage loans risk on timely basis based on sound underwriting decisions
• Provided prompt, quality service to originating branches and correspondents professionally
• Upgraded information on processing and underwriting systems to verify, add, delete or waive conditions
• Evaluated applications and made decisions regarding whether to approve for financing
• Read and understood DU and provided due diligence by evaluating the risk of lending
• Cleared fraud alerts meeting SLA within 48 hours American Home Mortgage Servicing Inc
Jr Underwriter 12/2008 – 7/2012
• Reviewed borrowers Income Documents, Determining the Debt to Income Ratio (DTI) by viewing the ratio between the monthly payable debt and the monthly income
• Verified Employment and Source of Income by viewing paystubs, quarterly and annual profit and loss statements, SSI, disability, contribution of verified income and stocks, rental income and most recent tax return
• Remained in compliance with all the rules and regulations regarding FDCPA with each loan held accountable for Select Portfolio Servicing
Loss Mitigation Specialist 9/2005 – 9/2008
• Used long-term strategies to assist borrowers that have extreme hardship situations
• Met and exceeded monthly goals to help decrease the company’s high non-active accounts
• Collected on 30, 60, 90+ day default mortgage accounts
Contact this candidate