Underwriter Operations Manager

Mark Majeski

*** ****** ******* ****, *********, NH 03884 * Cell 617-***-****

*************@*******.***

Summary of Work Skills and Objectives

I have over 30 years of experience in the Mortgage Industry including experience in Underwriting, Compliance, Management and Originations in both Wholesale and Retail shops. I have a DE Chums number and my VA SARS number.

Work Experience

Flagstar Bank, Troy, MI

Government Underwriter III, June 2021 – February 2023

Underwrite / Decision Government, Conventional and HELOC loans in this work from home position on a 24 hour turn around.

Clear all conditions and work with Loan Officers, Processors, Brokers and other TPO’s to work loans through the process to Clear to Close status.

Strong emphasis on quality of work, compliance and constantly changing investor guidelines.

East Boston Savings Bank, Malden, MA

DE Underwriter, March 2016 – June 2021

Underwrite/Decision 1st mortgages and Home Equities to FNMA, FHA and the banks own internal portfolio guidelines.

Monitor and maintain pipeline, track and clear conditions, update sales staff, members and outside brokers, maintain familiarity and ensure compliance with guidelines, clear to close loans.

Merrimack Valley Credit Union, Lawrence, MA

Sr. Underwriter, December 2013 – March 2016

Underwrite/Decision 1st mortgages and Home Equities to FNMA and the Credit Unions own internal portfolio guidelines.

Monitor and maintain pipeline, track and clear conditions, update sales staff, members and outside brokers, maintain familiarity and ensure compliance with guidelines, clear to close loans.

Interact with multiple departments and personnel throughout the loan process in a professional, clear, concise and friendly manor to anticipate problems and quickly and effectively close loans.

MSA Mortgage, Winthrop, MA

DE Underwriter, May 2009 - September 2013

DE Underwriter for mortgage lender selling to approximately 4-8 investors with loans sourced from internal retail and outside TPO’s.

Underwrite many types of loans including conventional, FHA, VA, Rural Housing and Jumbos.

Monitor and maintain a large pipeline of loans, tracking, clearing conditions, updates to sales staff and TPO’s and communication with outside investors for loans sent out for underwriting to those outside investors.

ensure compliance with multiple investor’s guidelines and overlays to insure that the loan is saleable. Requires a daily working knowledge of multiple investor’s websites and constantly changing guidelines, overlays and general restrictions to insure the loan is not suspended and is purchased as quickly as possible.

United Guaranty Mortgage Insurance, Braintree, MA

Contract Underwriter, April 2004 – March 2009

Contracted to a variety of lenders for underwriting services in a full array of products 1st and 2nd mortgages, residential conforming, non-conforming and subprime products.

Countrywide Home Loans, Boston, MA

Operations Manager, Asst Branch Manager and DE Underwriter, September 1997 – April 2004

Manage all daily operations and administration of branch staff of 12-15 people, met monthly funding goals, turn ratios, quality control objectives, low post closing deficiency numbers and timely post-closing shipping as well as compliance with company’s corporate lending standards.

Carried a full pipeline of many types of loans including conventional conforming, non-conforming, FHA (including 203K), VA, State Housing, construction and 2nd mortgages.

Education

The University of Vermont, Burlington, VT

B.A., Economics

Certifications and LOS Systems Experience

FHA DE and VA Certified

FNMA DO/DU, FHLMC LP

Commonwealth of Mass Real Estate Appraisers Trainee License

NMLS #113229

Encompass, Calyx, Mortrac,

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