Funding Specialist

Posted on: 2006-03-26

BACKGROUND More than 12 years of business and management experience encompassing mortgage loan administration, marketing coordination, and special projects and customer issue resolution. Excellent communication skills highlighted by successful negotiations, presentations, and effective training methodologies and written documentation. Efficient in the use of Microsoft Word, Excel, Power Point , Publisher and Visio, Word Perfect and other computer software applications. BUSINESS CONTRIBUTIONS Centralized Funding Specialist 1 Nov.,2004 to Present AmeriCredit Financial Services Arlington, TX FundsNow Dept. Perform credit investigations and or vertification ( verify employment, debt to income calculations, residency and insurance). Ensure all of the specific credit decision instructions or documentation are followed. Ensure loans that are identified as having decision rule or tolerance rule violations are routed appropriately for review. Accurately update contract information in applicable system according to operating policies and procedures. Maintain current knowledge of state and federal regulatory requirements relating to contract documentation, lien perfection. Communicate with car dealer (finance manager) and issues that would hinder the funding process. Communicate with buyer to confirm the information on the contract. Closing Document Analyst Dec., 2001 to Jan. 2004 First Horizon Home Loan Corp. Irving, TX Policy & Procedures Dept. Monitor and ensure the compliance of application and closing documents in current front-end system (TMO). Communicate with the Information Technology department, and outside vendors regarding updates and compliance issues to make all changes have been added and or correct. Handle processing of unfunding loans which are requested by the Branches, etc. Provide general closing and document support to divisions. Responsible for ensuring the closing documents comply with agency, investor and state specific guidelines and laws. I am also responsible for making sure all invoices are paid in a timely manner. Research other problems as they arise. Work to assist other departments as needed. Special Products Rep/ARM Specialist Dec., 2000 to Dec. 2001 First Horizon Home Loan Corp. Irving, TX Special Product Dept. I am responsible for servicing ARM loans in accordance with the terms of the loan documents and the investor requirements. This includes setting up new ARM loans; obtaining and inputting index values, processing ARM changes, borrower and investor notifications. Researches and resolves rejected ARM calculations, responds to telephone and written inquiries in a timely and efficient manner to maintain excellence in customer service. Prepares weekly and monthly reports of status to manager. Administrative Assistant Verizon Communications (Formerly GTE & Bell Atlantic) Feb., 2000 to Dec., 2000 Recruitment Dept. Coppell, TX Kelly Temporary Services Assist the Events Coordinator in scheduling career fairs. Prepare reports or spreadsheets that detail all the career fairs that the recruiters will attend. Assist the Operations Manager or other managers in completing any tasks that they may have. Help the recruiters in gathering additional information about career fairs. Prepare various brochures and flyers that will be used to promote the numerous positions that the recruiters are trying to fill. Communicate with various placement agencies that would like to offer their services to Verizon, as well as, companies wanting Verizon to attend their career fairs. Prepare check requisition for all invoices that are to be paid. Maintain various spreadsheets that indicate the Contractors salary and hours worked. Assist new employees with obtaining their computer access codes,getting their security badges and other information that they may need. Help the Group Administrator with budget information and other duties as requested. Distribute the mail twice daily. Receive all resumes that are mailed or faxed to the Recruitment Dept. Process executive letters to individuals who send their resumes to VP’s of the company. Any and all other duties as requested. Supervisor and Various others positions March, 1999 to July, 1999 EMC Mortgage Company Dallas, TX Mortgage Bankers Consultants - Temp. Agency Manage 15 employees in daily activities involved in the mortgage industry. Supervise all data entry, mortgage loan processing, files maintenance and other office support activities. Assist the Loan Delivery Dept. in the preparations of pools and the correctness of the original documents. Compare the correctness of the documents against the computer system. Results: Special projects and daily activities were completed on time and in a professional manner conducive to a smoothly run operation. Manager—Loan Delivery September, 1998 to February, 1999 Malone Mortgage Co. Dallas, TX Supervised four mortgage associates in the proper delivery of loan documentation and reporting. Audited closing documents, delivered documents to various county clerks and coordinated with investors to insure timely purchase of loans. Results: Error ratio of loans was decreased by 30%, which allowed for investors to purchase 40% more loans. Supervisor June, 1992 to September, 1998 NationsBanc Mortgage Corp. Dallas, TX Successfully managed four loan administrators for a group which maintained a loan portfolio of more than $100 million, specializing in Jumbo Loans. Allocate loan types into pools using MIDSS. Specializing in Jumbo 15 & 30 year loans and adjustable 1 & 3 year loans. Process pools to various investors depending on loan type. I also process pools to FHLMC and FNMA. Coordinated with FHLMC Representative and Secondary Marketing to ensure the accurate and timely delivery of the pools. Maintained reports of the progress of the department. Also, did yearly reviews of the employees. Ensured proper loan package documentation, coordinated with Secondary Marketing and Mortgage Finance. Maintained detailed records of original documents, correspondence and communicated with original lenders for clarity of contracts. Results: Promoted three times within four years for performance. U. S. Marines Reserves Administrative Support 1991 to 1998 Performed a variety of executive administrative support functions at the Division Headquarters level for a Marine Reserve Division. Audited Record Books for correctness. Completed fitness reports and other duties that related to each Marine’s Record Book. Assist the Marine in completing any information that was missing or new information that need to be added. Process ID cards for new family members. Help completed information to help the Marine apply for college tuition. EDUCATION Executive Secretarial School, Dallas, TX Administrative Assistant/Executive Secretarial Program 1985 Cedar Valley Community College Mortgage/Banking Program 1989-1991