Mortgage Underwriter Risk Management

Takisha Randle

Skills

Twelve years of mortgage experience in frontline originations and servicing mortgages as well as compliance risk and control testing. I specialize in document review, processing RESPA-TILA-TRID disclosures and analyzing complex income documentation through software or processing engines including DU, LP in Encompass.

Analyzes data such as risk management and compliance expertise to determine risk for Fannie Mae, Freddie Mac and USDA guidelines. Interact with third parties to resolve issues and meet compliance.

Familiar with fraud detection techniques, lending guidelines, analyzing, reviewing, and underwriting complex or large individual consumer requests. Excellent oral and written communication skills as well as detailed oriented.

Professional Experience

Mortgage Underwriter – The Mortgage Krew November 2022 – Present

Maintaining up-to-date knowledge of various lender policies and loan products.

Documenting and justifying decisions if loans are approved despite potential risks.

Determines eligibility of borrowers based on credit findings. Maintains a firm knowledge of automated underwriting systems.

Examined individuals and businesses cash flow using paystubs, W-2s, individual/business, federal tax returns and financial statements (profit/loss statements, balance sheets, projections) to establish the borrowers repayment ability.

Mortgage Underwriter/Compliance Risk – Home Point Financial October 2018 – November 2022

Makes underwriting decisions based on FNMA and FHLMC frontline underwriting guidelines. Review credit packages that fall outside of the automated underwriting parameters.

Review loan applications submitted by borrowers and make credit decisions based on lender criteria. Process conventional files and clear conditions.

Work with Borrower and Loan Officer to gather conditional approval documentation to deliver to Underwriter in timely manner. Analyzed individuals and businesses credit using credit bureau reports from Experian, Equifax, and Transunion to determine if applicants have satisfactory credit history.

Business Loan Specialist – Small Business Admin/ODA, June 2017 – October 2018

Reviewed residential and business loan applications' financials, credit history, and other supporting documents to determine my recommendations of approval or decline for 7a loan program.

Examined individuals and businesses cash flow using paystubs, W-2s, individual/business federal tax returns and financial statements (profit/loss statements, balance sheets, projections) to establish the applicants' repayment ability.

Evaluated available real estate, machinery, equipment, furniture, fixtures, inventory, and accounts receivable to recommend the best available collateral as determined by the U.S. Small Business Administration's policy to secure approved loans.

Mortgage Underwriter – Tata Consultancy/TCS, November 2015 – June 2017

Underwrite and review submitted files to analyze Capacity, Capital, Character, and Condition. Ensuring that loan requests meet program and product specifications or counteroffer to a different product and/or program when appropriate.

Communicate decision (approval, suspense, denial) to appropriate individuals within Citi Mortgage, uphold fair lending practices of Citi Mortgage, and met targets for productivity, quality, and customer satisfaction, and perform second review of underwritten denials from all areas.

Mortgage Underwriter – JP Morgan Chase, February 2013 – November 2015

Underwrite and review submitted files to analyze Capacity, Capital, Character, and Condition. Ensuring that loan requests meet program and product specifications or counteroffer to a different product and/or program when appropriate.

Communicate decision (approval, suspense, denial) to appropriate individuals within JPMorgan Chase, uphold fair lending practices of JPMorgan Chase Mortgage, and met targets for productivity, quality, and customer satisfaction, and perform second review of underwritten denials from all areas.

Refences Available Upon Request

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