Underwriting/Finance Professional

MALIKA MICKEY

**** ********** ***** • RICHMOND, VIRGINIA 23235 • 804-***-**** ************@*****.***

QUALIFICATIONS SUMMARY

Diverse individual with extensive experience in the mortgage industry particularly in processing, underwriting and project management. Utilizes organizational skills to establish priorities, meet deadlines and client needs which have shown to be invaluable in a fast paced environment.

EDUCATION

Goochland High School

Goochland, Virginia

1993-1996

RELEVANT COURSES & LICENSURE

MBNA Course: Understanding Real Estate Appraisal Mortgage Loan Origination and Essentials of Underwriting

SKILLS

Mortgage Underwriting, Credit Risk Assessment, Quality Assurance, Customer Service, Verbal/Written Communication skills, Analytical and Negotiation skills, Administrative skills, Organizational skills, Microsoft Office, Windows, Act, LPS, Excel

PROFESSIONAL EXPERIENCE

CCO Mortgage

Loss Avoidance Underwriter III

Glen Allen, Virginia

October 2009 – Present

• Perform loss mitigation functions, both resolution and disposition in accordance with investor guidelines (Fannie Mae & Freddie Mac) including but not limited to: thorough review of loss mitigation financial packages and supporting documents, order and review of valuations, completion and valuation of Net Present Value and Imminent Default models, analysis of findings to make decision on best retention or liquidation option(s) to present to borrower

• Process and decision various loans to ensure compliance with all financial and Investor reporting both manually and through FNMA and FHLMC underwriting engines

• Independently conduct full and comprehensive evaluations of a variety of complex, high-risk mortgage loan applications

• Receive and review loss mitigation file for accuracy, appropriate documentation, and recording requirements

• Prepare and document both trial and final modification documentation

• Execute closing actions such as preparing loans for system changes, verifying systems changes, requesting escrow analysis, applying borrower’s funds to various fees and payments

• Finalize proper closure of workouts on the workstation

• Interact with various associates & management to coordinate loan review and closing in an effective & timely manner while maintaining volume and deadline requirements

• Maintain a daily tracking report to ensure all state, federal and investor/insurer guidelines are met

SunTrust Mortgage

REO Post Sales Asset Manager

Richmond, Virginia

November 2007- August 2009

• Reviewed, verified and resolved appraisal disputes & routine title issues (ex. vesting & various liens) including requesting pay-offs, lien releases and ordering updates prior to closing to ensure clear title

• Interviewed and trained vendors on SunTrust REO processes, developed score card and graded vendors based on performance and timelines

• Ensured properties were being preserved in accordance with SunTrust guidelines. Reviewed invoices for property preservation work, utilities, taxes, HOA dues, liens, code violations, etc. and either issued payment, or disputed invoice

• Reviewed contracts for accuracy once an offer was made on a property. Made sure terms of contract were agreed upon, Ernest Money received and contract signed correctly by all parties while paying close attention to all aspects of the contract to avoid fraud

• Requested and reviewed Deed packages to ensure proper vesting at the time of Foreclosure

• Followed up with Settlement and Real Estate Agents on the status of closings on previously approved contracts

Saxon Mortgage

Mortgage Loan Closer

Glen Allen, Virginia

October 2002 – October 2007

• Solved underwriting issues in a persistent manner while using problem solving skills

• Ensure loan packages meet state and federal compliance requirements

• Review title commitments/binders, homeowner/flood insurance, surveys and tax information for accuracy

• Request requirements and endorsements needed to clear final title policy of exceptions and to ensure proper lien position

• Prepare closing packages and provide closing documents to settlement agents

• Trained and developed colleagues for specific work processes to enhance efficiency, consistency, & quality

• Maintain knowledge of processing, funding, and post-closing procedures

• Provided financial and production reports daily measuring profitability and efficiency of work flow

Bank of America

Home Service Specialist

Richmond, Virginia

December 2000 – October 2002

• Processed loans which included reviewing & validating credit reports, inspections, surveys, appraisals, insurance, and title work

• Maintained knowledge of all underwriting and fraud guidelines while complying with state, federal and company requirements in a deadline driven environment

• Communicated directly with agents / brokers, to develop and maintain strong relationships, promptly issue quotations, policies and endorsements

• Provided clearance and issued changes to terms on previously approved loans (ex.- verification within Fannie/Freddie/VA/FHA/VHDA guidelines) during post closing

• Verified conditions of loan approval (ex.- income/assets & documentation)

• Reviewed, verified and resolved appraisal disputes & routine title issues (ex. vesting & various liens)

• Interacted with sales associates & management to coordinate loan closing in an effective & timely manner while maintaining volume and deadline requirements

• Assisted in identifying, recommending and negotiating alternative loan requirements, funding loan-structuring solutions

References available upon request

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