Wanda Carter
Lewisville,TX
Overview
30
30
years of professional experience
Work History
Underwriter
Loandepot Mortgage Servicing
PLANO
02.2023 - 06.2025
- Performed comprehensive financial analyses to assess borrower debt and liabilities, applying risk analysis to formulate manageable repayment plans.
- Evaluated credit reports, income, and debt ratios to determine borrower risk and recommend informed loan modifications or restructuring.
- Reviewed loan conditions for FHA, VA, and USDA loans, ensuring strict adherence to regulatory guidelines and investor requirements.
- Collaborated with management using Microsoft Office tools to generate daily pipeline reports, upholding compliance and managing complex delinquency cases.
Sr. Mortgage Underwriter
Bank Of America, NA/Urban Fulfillment, LLC
12.2021 - 11.2022
- Conducted detailed credit analyses by reviewing income documentation and calculating financial ratios to assess repayment capacity.
- Evaluated credit risks against internal guidelines, ensuring precise adherence to lending standards and underwriting protocols.
- Analyzed collateral valuations and property appraisals to drive sound risk-based decision-making and maintain loan quality.
- Coordinated with processing teams to correct discrepancies and secure missing documentation, streamlining application processes and upholding service level agreements.
Sr. Mortgage Underwriter
Guaranteed Rate Mortgage
ILLINOIS
11.2020 - 11.2021
- Analyzed and processed a minimum of three new mortgage files daily, ensuring timely completion of submissions in compliance with company standards.
- Evaluated and verified loan applications against Fannie Mae and Freddie Mac guidelines to ascertain all necessary documents were accurately executed.
- Conducted comprehensive financial reviews, including cash flow analysis and risk assessment, to facilitate informed credit decisions and address client-specific needs.
Sr. Associate
Corelogic Inc.
01.2017 - 01.2020
- Addressed client concerns and inquiries, ensuring customer satisfaction through effective communication and problem resolution.
- Fostered and sustained professional relationships with new and existing clients, delivering expert-level guidance on account services.
- Informed clients about property tax statements and account balances, providing resolution options tailored to individual needs.
Sr. Underwriter
PennyMac Mortgage
01.2014 - 01.2017
- Analyzed borrower documentation to assess income, financial hardship, and repayment ability, ensuring proper loan resolution in compliance with GSE, HFI, and FHA guidelines.
- Processed delinquency and escrow analyses, evaluated credit reports, and calculated income and debt ratios to assess borrower risk and recommend viable loan workout options.
- Maintained accurate records in Fidelity MSP for each case handled, providing up-to-date loan status information to facilitate cross-team communication and collaboration.
Sr. Forensic Underwriter
Recovco Mortgage
01.2012 - 01.2014
- Conducted thorough forensic underwriting reviews on residential mortgage loans to identify misrepresentation, fraud, or non-compliance with applicable state and federal regulations, ensuring adherence to Recovco Mortgage's risk management policies and procedures.
Sr. Mortgage Underwriter
JP Morgan Chase
01.2009 - 01.2012
- Conducted comprehensive risk assessments on mortgage loan applications, meticulously reviewing financial documents, credit histories, and property evaluations to ensure compliance with JP Morgan Chase's lending policies and federal regulations, ultimately authorizing or rejecting loans based on calculated financial stability and risk factors.
Short Sale/Loan Modification Negotiator
Option One Home Loans
01.2007 - 01.2009
- Negotiated favorable short sale and loan modification terms between borrowers and lenders, effectively communicating financial analyses and hardship evaluations to secure agreements that minimized losses for Option One Home Loans and provided sustainable payment solutions for homeowners.
Underwriter
Bohan Group
01.2002 - 01.2007
- Conducted comprehensive travel due diligence and underwriting for Bohan Group, ensuring compliance with regulatory standards and risk management policies while optimizing client satisfaction and maintaining a high level of accuracy in documentation and reporting.
Negotiator
First Horizon Home Loans
01.1997 - 01.2002
- Orchestrated the resolution of non-performing asset portfolios by negotiating terms of real estate owned (REO) properties, effectively minimizing financial losses and expediting the recovery process for First Horizon Home Loans.
Loss Mitigation Underwriter
Countrywide Home Loans
01.1995 - 01.1997
- Conducted comprehensive financial analysis and risk assessment for homeowners facing default, devising customized loss mitigation solutions such as loan modifications, short sales, and deed-in-lieu transactions to minimize losses for Countrywide Home Loans and assist clients in retaining homeownership.
Timeline
Underwriter
Loandepot Mortgage Servicing
02.2023 - 06.2025
Sr. Mortgage Underwriter
Bank Of America, NA/Urban Fulfillment, LLC
12.2021 - 11.2022
Sr. Mortgage Underwriter
Guaranteed Rate Mortgage
11.2020 - 11.2021
Sr. Associate
Corelogic Inc.
01.2017 - 01.2020
Sr. Underwriter
PennyMac Mortgage
01.2014 - 01.2017
Sr. Forensic Underwriter
Recovco Mortgage
01.2012 - 01.2014
Sr. Mortgage Underwriter
JP Morgan Chase
01.2009 - 01.2012
Short Sale/Loan Modification Negotiator
Option One Home Loans
01.2007 - 01.2009
Underwriter
Bohan Group
01.2002 - 01.2007
Negotiator
First Horizon Home Loans
01.1997 - 01.2002
Loss Mitigation Underwriter
Countrywide Home Loans
01.1995 - 01.1997
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