Cheryl Brand Resume

Location:

lawrenceville, GA, 30044

Posted:

September 09, 2009

Contact this candidate

Resume:

Cheryl Brand

**** ********* **** *****

Lawrenceville, GA 30044

305-***-****

OBJECTIVE:

To obtain a challenging career where I can utilize my skills effectively to assist me in attaining the desired goals of the organization in an efficient and timely manner.

QUALIFICATIONS:

I have fifteen years or more of Mortgage experienced. I am knowledgeable

In computers and software applications. I am also knowledgeable in the

Mortgage application process. I have typing abilities of 45 to 55 words

Per minute. If needed I can take a Loan from open to close with the

Of APU, LIS, LPS, RUSH, Pronto, Expeditor, Envoy, Host, Optis, Loan Works, DU, LP, TMO, LQP, Blitz, Encompass, Genesis, Point, credit application, MPS, Apptel, and desktop appraisal review. Also I have knowledge on how to verify Income and Assets per the Fannie and

Freddie Mac Guidelines. Add underwriting conditions for profit and loss

Statements, tax returns and balance sheets. I have knowledge of all

forms (1003, 1008, Hud-1, Title Commitments, and Etc.) I have my

Authority level. I am a hard worker, very responsible, honest and trust

Worthy individual; who works well as a Team member and possess the

Required capabilities of a leader. I am familiar with and work well in

A fast pace environment. I am always willing and eager to learn

Something new.

CERIFICATIONS

Mortgage Insurance Certification with Triad, Radian, United Guaranty and Magic and licensed by State of Georgia as Life, Accident and Sickness Insurance Agent.

EDUCATION

1983-1985 Cypress Community College, Cypress CA

2001- 2002 Gold Coast School OF Real Estate Miami, Fl

2007-2009 Georgia Insurance Licenses

EMPLOYMENT

Wells Fargo Home Mortgage (Traveler)

03/2009-Present Senior Mortgage Underwriter/4c

Validated and performed underwriting on ALT-A Conforming loans such as HARP, 3 STEP and Express loans ensuring conditions meet company and/or government standards to make the loan insurable, salable and serviceable, and ensuring the absence of fraud.

Analyzed and reviewed pertinent documentation to decision loans, initial application, credit reports, income documentation, bank statements, tax returns, title, and appraisals. Responsible also to ensure accuracy, review and evaluate information on loan documents to determine if buyer, property, and meet loan terms. Communicating decision (approval, suspense, denial) to appropriate individuals within Wells Fargo, upholding fair lending practices, meeting targets for productivity, quality and customer service.

Beal Bank-Senior Underwriter-(Traveler)

07/2007- 12/2008 Senior Mortgage Underwriter

Performed audit underwriting services to Beal Bank, and investor in the secondary market to assess credit worthiness and layering of risk for purchase of uninsured Government and Prime conventional mortgage products. Certified in Bank Secrecy and Fair Lending Training, as well as Professional Standards Training. Reviewed all loan files for fraud investigation, Straw Buyers, Property flipping, and Excessive seller concessions, as well as fraudulent income and asset docs. Supervised staff of ten due diligence underwriters for this high volume wholesale lender. Maintained daily communication with account representatives, and brokers. Manual underwrites with strong knowledge of 4155, and Maintained sound knowledge of FNMA selling guidelines, DU guidelines and all associated agreements. Utilitized Risk assessment tools in order to make sound underwriting decisions. Familiar with recording data in company wide Quality Assurance Systems. Performed in-depth review of every loan file, while utilizing problem solving skills and risk analysis, according to client's underwriting and quality control/quality assurance guidelines. Used tools to identify transaction components of potential fraud, and performing investigative work to resolve any issues found.

* Utilized Manual underwrite for all files, approving loans with 2.5 million authority; working with Risk Management with high profile/risk cases.

Bank of America-Triad Mortgage Insurance

09/2006- 06/2007 Senior MI Underwriter

Handled complex underwriting transactions to determine borrowers risk profile through credit and financial analysis, ensuring loans are of investment quality and in conformance within corporate guidelines for Mortgage Insurance approval, as well as comprehensive review of all files for Fraud, excessive seller concessions, and property flipping schemes, as well as straw buyer scenarios, and fraudulent income and asset docs. Supervised staff of 15 Front line conventional underwriters. Underwriting performed in a paperless environment, on the companies artificial intelligence computerized system. Maintained sound knowledge of FNMA selling guidelines, DU guidelines and all associated agreements. Utilized risk assessment tools in order to make sound underwriting decisions. Performed in-depth review of every loan file, utilizing problem solving skills, as well as risk analysis, according to company and FNMA selling and DU guidelines. Used tools to identify components of potential fraud, while performing investigative work, resolving all issues found.

* Acted as a mentor and reference source to other staff members, and communicated frequently with the Operations/Team Managers to share information, and identify trainings needs for junior staff members and complete special projects

Increased production by over 50% by implementing systems that improved the application to close process

Aurora Loan Services/Lehman Brothers- (Traveler)

10/2005- 09/2006 Senior Underwriter

I was responsible for underwriting all type of programs Alt A, Sub Prime, and Jumbo loans. I must underwrite at least six files per day, all loans must be manually underwritten although I have DU/LP experience we had to calculate all ratios manually making Decisions by Reviewing the credit and appraisal, assessing risk, applying conditions. To make the loan insurable, salable and serviceable, and ensuring the

Absence of fraud. I will ensure accuracy, review and evaluate

Information on loan documents to determine if buyer, property, and loan

Conditions meet company and/or government standards, determines terms

And acceptability of risk of prospective loans. Experience with

Refinance, Purchases, Home Equity, Jumbo, Conforming, Non-Confirming,

And Government. All loans must be review and ran thru our Apptel system to verify all information given by all borrowers.

Lydian Data- Sr. Underwriter

11/2004- 10/2005 Senior Underwriter

I must underwrite at least six files per day; all loans must be manually underwritten although I have DU/LP experience we had to calculate all ratios manually making

Decisions by Reviewing the credit and appraisal, assessing risk, applying conditions

To make the loan insurable, salable and serviceable, and ensuring the

Absence of fraud. I will ensure accuracy, review and evaluate

Information on loan documents to determine if buyer, property, and loan

Conditions meet company and/or government standards, determines terms

And acceptability of risk of prospective loans. Experience with

Refinance, Purchases, Home Equity, Jumbo, Conforming, Non-Confirming,

And Government. All loans must be review and ran thru our Apptel system to verify all information given by all borrowers.

Homebuilder Financial

5/2004-9/2004 Senior Processor

Prepare files for closing clearing all conditions making

Sure that borrower has all proper documents to close loans Increase

Loan amounts; make float downs for customers concerning their interest

Rate. Add total fees and estimate cash to close from Borrowers to

Lender. Make sure that the borrower meets all conditions for a qualified

Streamline refinance Contact the borrowers and the title companies to

Setup and scheduled closing times and dates Review and approval

Insurance information from borrower’s agent regarding the new mortgage

Clause. Request PMI for all loans with a specific L.T.V ratio Correct

And update all HMDA information on all borrowers, order and approval

Title commitments make sure that it is not any judgments or liens on

Title. Determine if subornation is required or waived.

Washington Mutual Home Loans- (Traveler)

01/2003-2/2004 Underwriter

I must validate/underwrite at least ten files per day, make loan

Decisions by Reviewing the credit and appraisal, assessing risk, applying conditions

To make the loan insurable, salable and serviceable, and ensuring the

Absence of fraud. I will ensure accuracy, review and evaluate

Information on loan documents to determine if buyer, property, and loan

Conditions meet company and/or government standards, determines terms

And acceptability of risk of prospective loans. Experience with

Refinance, Purchases, Home Equity, Jumbo, Conforming, Non-Confirming,

And Government. Prepare files for closing clearing all conditions making

Sure those borrowers have all proper documents to close loans Increase