ELIZABETH D. FERNANDEZ

Cell No. 714-***-****

E-mail: adyait@r.postjobfree.com

Qualifications

Detail oriented, organizational skills and great team player

Strong multi-tasking and time management skills

Ability to work to tight deadlines and changing priorities with minimal supervision.

Strong mathematical, analytical and written skills

More than 10 years of Mortgage servicing experience on Conventional and Commercial loans

Working knowledge on State and Federal regulations (FNMA/Freddie Mac/CFPB /RESPA)

Working knowledge on MSP/Black Knight System

Experience

July 27,2021 to April 28,2023

Escrow Analyst, Senior

Pacific Western Bank/Civic Financial Services

2015 Manhattan Beach Blvd, Redondo Beach CA

Responsible for the resolution of escalated compliance issues on forced placed insurance, flood zone coverage requirements, unpaid property tax bill, insurance premiums, insurance claims, loss draft disbursements, escrow corporate advance and escrow analysis.

Responsible for oversight of third-party servicing vendors (tax and insurance).

Assist in loan boarding when needed.

Create escrow test scripts for various escrow activities to test system enhancement.

Responsible for the creation and update of department Loan Servicing policies and procedures for property insurance and taxes, escrow analysis, insurance claims processing and loss draft disbursements and ensures that servicing department policies are in compliance of state and federal guidelines.

Coordination with insurance agents, Asset Management Group, Account Executives and Escrow Closing agents with regards to borrower’s escrow account issues.

Review third party servicer daily reports to monitor activities on insurance and tax disbursements; forced placed insurance; claims; insurance refunds and loss draft disbursements.

Reconcile remittances for insurance premiums and property tax received from third party servicing vendors.

Review of corporate advances made for delinquent property taxes and forced placed insurance and perform escrow analysis to force impound account.

Review of annual preliminary escrow analysis report for all active impound accounts.

In-house insurance premium and tax disbursements for rush requests.

In-house loss draft disbursements for rush requests.

Insurance claim processing and loss draft disbursement and supervision.

September 10,2018 to July 23,2021

Senior, Escrow Administrator

LoanDepot.com LLC

25500 Commercentre Drive, Lake Forest CA 92630

Responsible for solving borrowers escalated issues with regards to insurance, property taxes and escrow analysis.

Create daily open item reports for insurance and taxes and determine loans that need insurance and property tax payments based on investor requirements.

Coordinate with insurance vendor (Proctor) regarding insurance processing and review their process and determine which areas needs improvements.

Review incoming loss draft funds, insurance refunds and overpayment credits received from Investor Accounting.

Coordinate with title agents regarding missing insurance payments completed at closing.

Review insurance and tax lines for all repurchased loans.

Process insurance and property tax disbursements.

Loss draft disbursements.

Pull tax bills and insurance invoice on county and carrier website.

Ensures that both tax and insurance lines were set-up correctly before distributing insurance and tax open item reports to Insurance and Tax Specialist Associates.

Reconcile/Audit daily disbursements on insurance, taxes and MI.

September 2009 to September 2018

ESCROW SPECIALIST - Loan Servicing Department

Kondaur Capital Corporation

333 S Anita Drive Suite#400, Orange, CA 92868

Review of Escrow Analysis statements ensuring the appropriate Tax and Insurance and other cushions are billed and collected correctly.

Transfer escrow funds to new servicer for all liquidated loans.

Calculate and pay-out Interest on Escrow for all liquidated loans.

Interface and work with insurance vendors, asset managers and legal department to ensure all escrow functions are handled according to policies and procedures.

Assist in new loan boarding when needed.

Assist in new loan audit.

Over-all coordinator for insurance claims.

Update insurance information directly to loan records via the servicing system.

Insurance premium disbursements.

Loss Draft disbursements.

.

March 2005 to April 2009

INVESTOR ACCOUNTANT III – Bank Reconciliation Team

Investor Reporting Department

American Home Mortgage Servicing Inc. (Option One Mortgage)

3 Ada St, Irvine, CA 92618

Monthly Reconciliation of custodial accounts

Verifies, confirms and audits P&I remittance and payments, liquidations and

Losses.

Ensures investor remittances are calculated and remitted accurately.

And in accordance with company procedures and agreements.

Analyze, modifies and resolves discrepancies on assigned bank

reconciliation.

Reconciles financial transactions such as refund checks, claims, corporate advances on principal and Interest; ensures bank balances are accurate and mortgage transactions are sufficiently funded.

Research issues regarding calculations on loan modifications, stop advances, REO losses; services fees and excess interests.

INVESTOR REPORTER III – Loan Sales and Transfer Team

Investor Reporting Department

American Home Mortgage (previously Option One Mortgage)

Responsible for the creation, tracking, compilation and reporting of special and more complicated investor related- transactions. Requests data queries and overall data coordination.

Responsible for the overall transfer of loans to different investor codes.

Set-up investor codes and payee codes.

Analyze, modifies, completes and resolves discrepancies on various loans.

Activity reports to ensure correctness of data and all activity is accounted for.

Computes and prepares investor remittances accurately and timely in accordance with Company Procedures and Pooling and Services Agreements (PSA).

Prepares specialized ad hoc reports using multiple data sources for management.

Provides monthly reports to management regarding Investor loan sales and transfers.

March 2005 to October 2007

STAFF ACCOUNTANT – Treasury Department

Option One Mortgage Corporation

6501 Irvine Center Drive, Irvine, CA 92618

Prepares, audits, approves and researches department journal entries.

Prepare journal entries for incoming funds from Loan Sales, Repurchases, Margin call, Hedging and other Warehouse funding activities.

Daily Cash Analysis. Identify incoming and outgoing funds from the master cash account.

Movement or transfer of funds from one warehouse facility to other warehouse line of credit (LOC) on scheduled Loan Sales, Repurchases and Borrowings.

Monitors monthly principal remittance and payment of interest.

Monthly account reconciliation of all assigned warehouse line of credit.

Coordinates closely with other internal and external business partners such as Servicing Accounting, Capital Markets, Critical Assets, Mellon Bank to resolve issues on daily cash journal and issues on warehouse line of credit reconciliation.

Perform month-end close.

Reviews, audits and confirms wire information and releases wires/funds according to Option One Mortgage guidelines.

October 2000 to April 2021 (Seasonal Employee) HRBLOCK

SR.TAX ADVISOR III HRBLOCK – Fullerton District

Prepares and review individual tax returns for federal and state.

Provides tax and financial analyses and evaluation to clients and proposes tax strategies and planning for next year’s tax returns.

Prepares and review various schedules and other tax related forms for inclusion in the consolidated tax returns.

Provide support to clients in responding to taxing authorities’ notices, inquiries and audit examinations.

Examines clients’ financial statements for small businesses prior to tax preparation.

July 1996 to March 2005

SR. ESCROW ACCOUNTANT- Escrow Accounting Department

ZC Sterling Insurance Agency, Muirlands Blvd, Irvine, CA

Consolidates month-end closing reports.

Prepares monthly bank reconciliation of escrow trust accounts.

Monthly review of cash flow statements for all escrow trust accounts.

Review month-end closing process of all REO accounts.

Balancing of daily and month-end escrow funding requirement and

electronic wire transfers/ACH requests.

Resolves issues pertaining to daily and monthly cash differences, positive pay file issues and unreconciled differences.

Prepares and reviews monthly aging receivable reports for all premium receivable accounts.

Prepares various accounting and financial reports and analysis for Business Unit, Account Managers and Senior Management.

Provides technical inputs to Business Unit and Product Management Team regarding new project implementation.

Provides technical Support/back-up to the Escrow Accounting Manager.

Education:

HR BLOCK -Tax Preparation and Financial Planning

Cypress College, Cypress, CA - Accounting

University of the Philippines, Manila - Bachelor of Science in Business Administration Major in Economics

University of Santo Tomas, Philippines- Master of Arts, Major in Economics

Skills

Advanced Excel, Intermediate Access, Ten Key, PC Skills

Knowledge on PeopleSoft Financials and Great Plains (Accounting software)

Working Knowledge on Black Knight system

Contact this candidate