Mortgage Banking

Alfonso G. Di Liberto

*** ******* ****** ********* *******, NJ 07604 201-***-****

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

PROFESSIONAL SUMMARY

Trusted financial leader who maximizes organizational profit and minimizes risk and loss. Articulate business professional possessing extensive expertise in creating highly motivated, enthusiastic work teams. Maintain a successful record of sound business judgment; expanding responsibility and achievement. Posses concrete knowledge of servicing, wholesale mortgage banking, real estate management, credit risk assessment, and accounting.

WORK EXPERIENCE

Oracle Advisories 4/07 to present

Financial Accountant – Leveraging mortgage and finance background to provide accounting support and analysis to multiple entities within a variety of small and medium sized businesses.

• Responsible for clearing quarterly audits on balance and income accounts for publication and capital management client that faced difficult audits.

• Implemented proper procedures for Hedge fund client that lacked reconciliation.

• Review transactions for clients and determine cost cutting measures to increase profability by utilizing client’s resources.

• Provide various accounting/payroll services.

• Communicate strategic initiatives when forecasting Profit and Loss.

New Century Financial 8/05 to 4/07

Underwriter – Responsible for evaluating documentation, credit worthiness, and compliance with product and guideline standards for in-house funded loan packages. Consistently designated top performer in division.

• Scrutinized files for possible fraud and cross referenced prior loans to protect against counterfeit applications.

• Identified alternative financing solutions as necessary and maintain relationships with Home Loan Representatives (HLRs) to negotiate alternatives with clients.

• Underwrote Alt-A, correspondent, and CEMA loans for sale to investors.

• Analyzed loan-to-value ratios, credit reports, applications and appraisals to ensure that each loan meets the secondary marketing guidelines.

Valley National Bank 4/01 to 8/05

Assistant Vice President – Reduced total delinquency by 65% and improved productivity which supported dynamic growth. Implemented employee training system that improved productivity by 52%.

• Directed a staff of 15 in Foreclosure, Bankruptcy, REO, and Collections departments.

• Managed a portfolio of $3.6 Billion for Fannie Mae, Freddie Mac, New Jersey Housing, and Valley National Bank including internal audits, investor loans, and budgets.

• Product managed due diligence on new orientation loans. Recommended loans to be excluded from loan purchase agreements.

• Created and implemented procedures to collect delinquencies from 30 days to foreclosure in accordance with Fannie Mae, Freddie Mac, and investor requirements

• Accountable for high level forecasting and reporting to Executive Management.

Superior Bank FSB 3/98 to 3/01

Loss Mitigation Specialist- Advised and counseled clients on effective methods to improve loan status. 9/99 to 3/01.

• Analyzed and provided recommendations on loans on a case-by-case basis with attorneys, borrowers, and realtors for deed in lieu’s, short sales, short refinances, assignments, stipulations/forbearance agreements and reinstatements

• Mitigated the projected losses incurred by foreclosure by arranging stipulations and short sales, saving approximately $22M annually. Cured 300 files.

• Developed training material and responsible for training new hires

• Trained multiple departments on new corporate mainframe system (Fortracs)

Mortgage Account Representative- advised and counseled clients on the most effective methods to maintain and improve loan status. 3/98 to 9/99.

• Researched, and arranged payment options for delinquent clients

• Accelerated loans on delinquent accounts; ordered property inspections, and requested accounts to be served by pre-legal and Litigation departments

PCM Securities 2/93 to 3/98

Manager of Support Services- Managed a $25M securities portfolio.

• Increased client base from 250 to 500 clients

• Trained twenty-five individuals who became Financial Advisors

• Managed four IPO projects and established 200 additional clients within two months

• Augmented staff and reorganized New York City office by establishing office procedures resulting in increased productivity

• Reduced labor costs by 60%, while increasing productivity and efficiency

EDUCATION

Bergen Community College

AS: Business Management/Finance

Expected Graduation: Spring 2008

Dover Business College

Certificate: Medical Assistant- Graduated with Honors

COMPUTER SKILLS

MS Office, Word Perfect 6.0, Internet Applications, Quick Books, Peachtree

FORTRACS, LSAMS, ZEUS, SYNERGY, ALLREGS, TSYS, EMPOWER

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