Loss Mitigation Underwriter Iii

WILMARY RIVERO

Altamonte Springs, FL · 786-***-****

Email: *******.*******@*****.*** · LinkedIn Profile: wilmary-rivero-4a5297217

Mortgage industry professional with over 20 years’ experience successfully maximizing organizational profit and minimizing risk by focusing on efficiency, accuracy and time-driven results. Proven track record of exceeding goals working independently and as part of a team. Proficient in Fannie Mae, Freddie Mac, FHA, VA, USDA, Jumbo, Manual Underwriting and other mortgage products and guidelines, as well as, QM/ATR, TRID, RESPA, TILA, ECOA, HOEPA, FCRA, AIR, SAFE Act and other complex lending regulations.

EXPERIENCE

2012 – 2023

UNDERWRITER III/PERFORMANCE COACH, digital risk mortgage services

Underwrote residential loans ensuring compliance with appropriate company and secondary market standards. Responsible for securing and examining loan documentations for accuracy and completeness. Provided originators and production staff loan structure guidance and applied analytical assistance to mitigate risks consistent with company and investor loan policies. Trained and developed new and existing staff on current policies and procedures. Identified areas of opportunity and efficiencies in operations to close productivity and quality gaps.

2010 – 2012

UNDERWRITER, bank of america home loans

Reviewed all loan types and designated on MHA, HAMP, DURP and HARP. Analyzed credit, asset, income and collateral documentation to determine appropriate loan disposition. Supervised team and prepared production reports in manager’s absence. Coached associates on guideline and lending policy changes. Ranked Top 25 Underwriters on Site and received Silver Award for Outstanding Effort.

2009 – 2010

LOSS MITIGATION ANALYST/NEGOTIATOR, law offices of brian m. rokaw

Provided clients detailed information related to their specific short sale, loan modification, forbearance payments and refinance options to avoid foreclosure. Negotiated between parties to ensure the best outcome for our client. Secured all lender-required documents to comply with all deadlines and payment schedules.

2009 – 2009

UNDERWRITER/LOAN ADVISOR, chase home finance

Met customers with defaulted loans to initiate application process and pre-qualify for loan modification and other foreclosure avoidance programs. Collect and review appropriate income documentation, calculate qualifying income and debt ratios. Communicate loan application decision with borrower.

2006 – 2008

UNDERWRITER/CLOSER, wachovia mortgage

Responsible for reviewing loan applications, credit reports, income and asset documents, appraisals and title commitments. Performed manual underwriting to determine loan disposition if minimum AUS data requirements were not met. Obtained required evidence of insurance, including PMI. Coordinated and scheduled closings with all interested parties and ordered funds.

2001 – 2006

CLOSER/FUNDER/SHIPPER/POST-CLOSER, usa mortgage bankers corp.

Coordinated and scheduled closings with all interested parties. Obtained required evidence of insurance. Prepared closing documents and ordered funds from warehouse banks. Shipped files to investors for purchase and obtained any required trailing documents expeditiously.

1995 – 2000

CLOSER/FUNDER, american bancshares

Coordinated and scheduled closings with all interested parties. Obtained required evidence of insurance. Prepared closing documents and ordered funds from warehouse banks. Reviewed and approved HUD-I Settlement Statements.

EDUCATION/CERTIFICATIONS/LANGAUGES

MORTGAGE UNDERWRITING COURSE, miami dade community college

BSA/AML/OFAC CERTIFICATION, regulatory university

ADVANCED UNDERWRITING COURSE, wachovia mortgage university

FLORIDA NOTARY, bonded and insured

ENGLISH AND SPANISH, EXCEPTIONALLY FLUENT

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