Operations Vice President

Posted on: 2007-02-25

Yolaunda L. Thompson 613 Cameron Blvd. Kemp, Texas 75143 903-498-4108 Education [1982-83] SAM HOUSTON STATE UNIVERSITY Huntsville, TX21 Hours Towards Masters of Science Criminal Justice[1981-82] EAST TEXAS STATE UNIVERSITY Commerce, TX Bachelor of Science Criminal Justice[1979-81] HENDERSON COUNTY JR. COLLEGE Athens, TX. Associate of Applied Science Work experience June 2005- Present EXECUTIVE ASSIGNMENT SOLUTIONS Kemp, TXOPERATIONS VICE PRESIDENT Oversees and coordinates activities of personnel involved in performing mortgage lending operations support for top mortgage lenders. Oversees budgets, human resources, marketing, training and all team operations. Supervision of the all management personnel, ensuring all perform proper processing of all outsourced orders and request are produced and delivered in a compliant and timely manner, so that the regional center consistently meets or exceeds loan volume and quality expectations, also ensures that operations personnel perform their functions in a customer-focused manner. Oversees the performance of business channel and team managers, using regular meetings and other communication mechanisms, to ensure that managers direct and track work performance according to established standards.April 2004-to June 2005 EMC MORTGAGE CORPORATION Lewisville, TX.Contracted Through Lexington and AssociatesSenior Claims ResearcherDue diligence of loans previously Q C by underwriters that identified breaches that have been made against company underwriting standards, FHA, VA, or other guidelines and/or stipulations. Post closing to remedy breaches or filing claims with sellers to obtain purchase price and all fees and penalties. Keeping accurate records of all claims filed and processing monies with accounting on all repurchases. Collateral Management Senior Post Closing SpecialistReview of collateral documents to determine accuracy and completeness. Obtaining, correction, and completion of all post-closing files. Establishing the chain of assignments in purchased loans and preparing any missing documents to be executed. Working with sellers, borrowers, title companies and attorney’s firms to insure all documents are accurate and complete on each mortgage file. Working closely with EMC traders, and buyers to insure any documents missing from loan files once sold is obtained and forwarded to said companies..September 2002- February 2004 PRINCIPAL RESIDENTIAL MORTGAGE Irving, TXPre/Post Closing ManagerSupervision of a team of 10 Closers/Funders, 20 Post Closing Processors responsible for the review and preparation of underwriting, and closing packages prior to closing and sale or due diligence by potential buyers. Approving funding once all requirements have been met on pre-closing documents. March 1999- August 2002 CTX MORTGAGE CORPORATION Dallas, TXBond Loan Managing Coordinator Supervision of Underwriting, Processing, & Closing of all bond products. Training of branch individuals on all Bond Loan Procedures and reviewing all new bond loan products to see if they meet all FHA, VA, and company guidelines. Responsible for the supervision of the operations workflow, staff requirements, and organization of work assignments for the bond area, maintaining appropriate personnel to meet all dead lines and provide an excellent loan product. Summary of Qualifications · Basic knowledge of all aspects of the mortgage industry· Basic understanding of commercial and residential underwriting guidelines.· Extensive knowledge of closing and funding guidelines · Basic Knowledge of FHA, Convention and Sub prime Loans· Excellent Oral and Written Communications Skills· Strong Interpersonal Relations and Organizations Skills· Familiar with detailed resolution, research and verification· Strong work ethic, punctual and conscientious Software Knowledge MS Works 98, Excel, Office, PowerPoint, DST, Titan, GTI and Wins Accounting Software, Peachtree, MS Quick-books, Calyx Mortgage System, Empower, Loan Base, Loan Quest, WITS, Fidelity, Windows NT, Microsoft Office Lotus Notes, DTS (sftwore010). Outlook, Lenstar Web, Vendor-scape, New Trak, References: Available upon request