Due Diligence Financial Institutions

Loretta Brown

817-***-**** (cell)

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

Work Experience

**/**** – 08/2023 Asset Manager

Manhattan, NY Warbird Consulting Partners – 600 Galleria Pkwy SE #500, Atlanta GA 30339

Collaborated with team to complete thorough market research and analysis of multi-use commercial properties to identify potential investment opportunities while assessing the risk resulting in the acquisition of high-performing assets with a portfolio value of over $30 billion. Consolidated findings into a report format for utilization in decision making. Reviewed DSCR and CLTV/LTV to create spreadsheets that ensured if properties met an acceptable level of risk for purchase and to ensure property was current on insurance coverage while utilizing nCino system. Communicated and interacted with business units across the business areas to provide support as needed. Researched and analyzed documents for CRE. Verified PFS, Appraisals and Rent Rolls.

05/2021 – 07/2022 Credit Specialist II

Remote, US SitusAMC Holdings - 5065 Westheimer, Suite 700E Houston, TX 7705

Audited closed loan files to ensure compliance with company policies and industry regulations for pools of securitized loans. These reviews were complex targeted reviews of the secondary market. Evaluated loans for completeness and accuracy to ensure adherence to investor and lender guidelines and to validate salability. Utilized ComplianceEase for loan-level compliance reviews for audits that included TRID testing and multi disclosure testing to mitigate risk associated with state and federal laws and regulations resulting in 95% accuracy rate. Analyzed and evaluated credit applications to determine the credit worthiness of individuals and businesses resulting in accurate and informative decisions. Calculated debt ratios, LTV, credit scores, collateral valuations and reviewed various reports to include Mavent. Collaborated with cross-functional teams to gather relevant financial information and conducted thorough risk assessments, ensuring compliance with company policies and industry regulations. Knowledge of FNMA, FHLMC, VA and FHA guidelines, QM/ATR.

12/2019 – 02/2021 File Reviewer

Remote, US Treliant Risk Advisors – 2150 Lakewide Blvd #250, Richardson, TX 75082

Audited closed loan files for the Servicemembers Civil Relief Act (SCRA) that is related to consumer loans and mortgages. Analyzed files to ensure files were compliant with company policies and industry regulations. Achieved a 98% accuracy rate. Identified and resolved discrepancies in client documentation by analyzing and cross-referencing data, resulting in improved record-keeping and data integrity. Provided timely feedback and recommendations to management based on file review findings enabling informed decision-making and continuous improvement.

09/2018 – 11/2019 Claims Specialist-Analyst I

Irving, TX Solomon Edwards Group – 5444 Westheimer Rd., Houston, TX 77056

Investigaged and analyzed complex insurance claims, including policy coverage, liability assessment, and settlement negotiations, ensuring fair and accurate claim resolutions. Collaborated with internal teams and external stakeholders, such as policyholders and third-party vendors to gather necessary documentation and other evidence to support claim investigation processes. Prepared detailed reports and summaries of claim findings. Utilized advanced data analytics tools to identify potential fraud indicators and inconsistencies in claim information, resulting in significant cost savings for the company. Such tools included Microsoft Excel, Outlook. Moderate experience with FHA Connection, Loansphere, FileNet, RemedyStar, Yardi, LSAMS and Sharepoint, MSP, FHA Connection.

01/16 – 08/2019 Administrator in Training (unpaid internship)

Arlington, TX Matlock Place Health and Rehabilitation – 7100 Matlock Rd., Arlington, TX 76002

Completed an intensive 1000-hour Administrator-In-Training Program in a 140-bed facility. Assisted the Administrator in managing all facility departments and operations including nursing, rehab, dietary, social services, housekeeping and laundry departments. Interviewed job applicants that applied for various roles. Participated in financial management of the facility, including reviewing the profit and loss statements and analyzing the general ledger. Assisted the admissions office in screening new referrals, securing timely approvals of hospital referrals and completing the sign-ins of new residents. Assisted in investigations of allegations of abuse and adverse incidents. Attended the morning stand-up meetings and attended weekly medicare review meetings. Participated in annual and complaint surveys, prepared plans of correction and ensured the facility was in compliance with all state, federal and local regulations. Attended community marketing events for the purpose of increasing the census. Led in-house training for staff members.

12/2017 03/2018 Loan Officer I

Fort Worth, TX Small Business Administration – 4300 Amon Carter, Suite 114, F. Worth, TX 76155

Assisted small business owners with disaster relief funds who were affected by natural disasters. Deciphered financial information of potential borrowers. Discerned credit worthiness and repayment ability using income-related tax documents such as tax returns, W2, and paystubs. Formalized suitable financial solutions while utilizing knowledge of loan products.

09/2017 – 06/2023 FEMA Housing Inspector

Miami, FL Vanguard Inspection Services - 188 Brooke Rd., Ste. 300, Winchester, VA 22603

Assessed the extent of damage to properties affected by natural disasters. Ensured quality control for housing construction projects, and helped disaster-affected individuals. Documented and verified ownership and occupancy of damaged homes in various locations. Recorded damages of the interior and exterior of damaged dwellings, providing detailed reports. Worked in high-pressure environment, ensuring accuracy and timeliness.

06/2016 – 04/2017 Due Diligence Underwriter Plano, TX Ajilon Staffing – 15301 Dallas Parkway #300, Addison, TX 75001

Audited closed collateral files for purchased loans to ensure enforceability and salability. These reviews were complex targeted reviews of the secondary market. Collateral files included the note, mortgage, related riders and addendum, assignments, title insurance, policy, etc.). Conducted due diligence underwriting, ensuring all financial transactions met company standards and federal regulations. Developed and maintained strong knowledge of guidelines and loan programs. Contributed to risk management by ensuring all collateral was properly evaluated and documented. Exceeded monthly goals while achieving peak performer.

08/2015 – 11/2015 Forensic Underwriter

Remote, US CrossCreek Mortgage – 2160 Superior Avenue, Cleveland OH 44114

Evaluated a loan for fraud while completing a risk assessment. Investigated loan for compliance to federal and state regulations and validated that loan adhered to guidelines. Composed repurchase letters for non-compliant issues identified during loan review. Completed underwriting to various automated findings while proficient with DU/LP/and industry utilized systems. Completed a full re-underwrite of closed loan files and responded to specific allegations of deficiencies.

11/2014 – 08/2015 HMDA Loan Reviewer

Plano, TX Treliant Risk Advisors - 2150 Lakewide Blvd #250, Richardson, TX 75082

Assisted with other compliance/quality control reviews as needed. Determined the HMDA action taken code for all canceled loan applications. Inputted HMDA data on the loan origination software for all canceled loan applications (daily). Edited and corrected HMDA data errors. Reviewed HMDA reportable loans for accuracy and completeness and ensured that proper documentation was provided to meet UAADP requirements for consumer protection.

07/2014 – 09/2014 Seasoned Due Diligence Underwriter

Remote, US ResiDDS – 3325 S. University Dr., Ste. 200, Ft. Launderdale, FL 33325

Audited nonperforming closed loans to include Fannie Mae and Freddie Mac loans for purchase by secondary market investors while utilizing both manual and automated systems. These reviews were complex targeted reviews of the secondary market. Exceeded monthly goals while achieving peak performer. Recommended and declined loans that were to be purchased by investors. Evaluated credit documentation, verified credit, calculated income and debt ratios and completed appraisal reviews. Identified transaction components that would indicate a potential for fraud and performed sufficient investigative work to resolve issues that had been identified. The final analysis of the audit consisted of credit grading, compliance to state and federal regulations, including but not limited to ECOA (Reg. B), TILA (Reg. Z), RESPA (Reg. X), FACTA, HMDA, and remedies for any deficiencies found.

06/2013 - 10/2013 Senior Outsource Underwriter Data & Analytics

Remote, US Corelogic – 9250 Baymeadows Rd., Ste 440, Jacksonville, FL 32256

Analyzed consumer mortgage loans per Fannie Mae and Freddie Mac underwriting guidelines. Determined borrower credit risk, income, assets, and overall ability to repay the loan. Significant experience providing due diligence in the residential mortgage space (post-close, RMBS, servicing, NPL/RPL, whole loans).

02/2013 - 04/2013 Senior Underwriter

Ft. Worth, TX Newbold Advisors - 19321 – US. Highway 19 N. Ste 308, Clearwater, 33764

Reviewed consumer loans for adherence to Wells Fargo lending guidelines and to detect potentially fraudulent activity. Conducted a full due diligence review of closed loans for post-close, RMBS, servicing, NPL/RPL, whole loans while generating a report of all fraudulent activity.

10/2011 - 01/2013 Compliance Analyst

Dallas, TX Solomon Edwards Group – 1255 Drummers Lane, Ste. 200, Wayne, PA 19087

Reviewed residential mortgage foreclosure actions to assess if borrowers suffered financial harm that may have resulted from deficient mortgage servicing and foreclosure processes. Determined if foreclosure was in violation of the Home Mortgage Disclosure Act (HMDA)and other federal laws. Utilized Hudson Cook to reference if foreclosures were in compliance to state specific foreclosure laws. Completed file reviews to determine ownership by reviewing title reports, promissory notes, deeds of trusts, chain of endorsements. Also validated attorney fees.

08/2010 - 10/2011 Senior Underwriter/Special Risk Unit

Fort Worth, TX JP Morgan Chase Bank - 14301 Statler Ct., Fort Worth, TX 76155

Performed extensive review of complex personal and business loans to complete the underwrite for approval of Hamp/Champ Modification as part of default management. Performed sufficient investigative work on self-employed borrowers to validate financial capability by utilizing Nexis Lexis, Manta, Dun & Bradstreet. Analyzed tax returns, balance sheets, cash flow, capitalization and credit worthiness to evaluate risk. Completed calculation of net worth and fraud research to determine eligibility. Completed reviews of credit report, loan documents such as note, deed of trust, HUD, and state specific documents to ensure loans were compliant with federal and state regulations. Loan products included FNMA, FHLMC, VA, conventional loans, and jumbo loans. Generated reports for all jumbo loans in excess of $3 million that was submitted to executive committee for loan approval.

Education

08/2015 – 01/2016 Long Term Care Graduate Certificate

San Marcos, TX Texas State University

01/1998 – 08/1999 Business Administration - MBA

Charlotte, NC Pfeiffer University

08/1995 – 08/1996 Finance, Insurance Real Estate (FIRES) - Bachelor of Science

Greensboro, NC University of North Carolina at Greensboro

01/1984 – 12/1988 Business Administration/Housing Management - Bachelor of Arts

Winston-Salem, NC Winston-Salem State University

Licenses/Certifications

Texas Nursing Home Administrator License (#12105) - 06/19 – 06/2021

Six Sigma Green Belt Certification #11617887

-Management and Strategy Institute (MSI)

5S Concept Certified #11617971

- Management and Strategy Institute (MSI)

Completion of FDIC Investigations Training, April, 2008

Completion of FDIC AML Training, July, 2008

Business Ethics, July, 2009

**Security clearance at the secret level

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