Summary
Overview
Work History
Education
Skills
Certification
Timeline
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Adam McCormick

Clarkston,MI

Summary

A proven ability to lead complex projects from initial conception to a successful completion. Routinely delivers outstanding results, while demonstrating exceptional workflow organization, successful team management skills and effective operational solutions. Has a demonstrated history of successfully delivering projects within specifications, timeframe and budget, while committed to exceeding internal and external client expectations.

Experienced with assessing loan applications and ensuring compliance with financial regulations. Utilizes analytical skills to evaluate borrower creditworthiness and financial documents. Knowledge of industry standards and keen attention to detail in mitigating risk and approving loans.

Overview

8
8
years of professional experience
1
1
Certification

Work History

Direct Mortgage Underwriter III

Mr. Cooper
10.2020 - Current
  • Assisting in the underwriting and approving loans throughout the mortgage process from start to finish
  • Working alongside mortgage processors throughout the country to ensure mortgage loans are approved in an efficient and accurate manner
  • Producing quality loans while managing time to clear conditions uploaded to get loans over to final approval within turn times
  • Supporting the processors assigned to our team in ensuring they have initial approvals and final approvals
  • Facilitating across the board communication between multiple different teams to promote collaboration and ensuring all deadlines are met
  • Assisting in various pilot team projects to test and give feedback on new tools and programs prior to being rolled out to all teams
  • Building relationships with the processing teams to establish confidence in high quality work and accuracy for the best customer service
  • Facilitating multiple shadows for both inner department team members and some team members outside of the department to assist in process improvements
  • Training multiple newer underwriters on the functions and ensuring quality work including initial approval second signatures and assisting in training multiple new underwriters on verified approvals
  • Working along side various team leads and managers as a right hand and a proven go to person for all levels of management
  • Continuously a top performing underwriter with higher-than-average productivity and satisfaction metrics
  • Recognized as a top 5 underwriter for the year of 2022
  • Worked with multiple different teams to assist in developing tools to enhance job performance and streamline processes
  • Approved or denied loans based on established criteria and underwriting guidelines.
  • Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
  • Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
  • Worked with processing team members to communicate errors and obtain missing information for current applications.
  • Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
  • Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
  • Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
  • Collaborated with loan officers to clarify applicant information and expedite the underwriting process.

Senior Mortgage Underwriter

United Wholesale Mortgage
02.2017 - 10.2020
  • Building relationships and carrying through mortgage transactions with brokers from across the United States
  • Assisted clients with making sure the loans are set up correctly from start to finish and validating all conditions are accurate and necessary
  • Since starting with the company have established myself as one of the top producing Senior Underwriters and being ranked in the top 5 various times with a daily commitment of 10 new underwrites with very well established time management skills to oversee all other daily tasks in a timely manner
  • Mentoring multiple new Senior Underwriters who have become Team Leads ensuring that they were ready to hit the floor and provide elite client service and produce clean files
  • Accountable for ensuring all income and occupancy related conditions are reviewed and contact has been made with the broker within 4 business hours from the upload time while completing my daily commitment of 10 new underwrites
  • Knowledgeable in the guidelines and navigation of guidelines for Fannie Mae, Freddie Mac and the FHA Handbook
  • Trained and obtained my DE for FHA loans, but very proficient in Conventional loans
  • Striving to balance daily commitments, phone calls, conditions, and keeping loan quality down
  • Ensure the loan process is set up correctly from the start to make sure brokers and borrowers can remain on schedule and keep locks to meet CTC expectations
  • Productivity based position that provides motivation to make sure everything is done in a timely manner and correctly the first time
  • Following all investor guidelines and ensuring the files sent out are saleable loans based on the guidelines
  • Excelled in loan quality and proficiency since starting with the company holding myself to higher expectations than the company to strive for a high ranking and standout as not only a high producing underwriter, but having very good loan quality and producing files that are saleable to all investors
  • Assisting team leads in daily tasks and making sure other underwriters in the pod units are on pace to hit commitment and fielding questions and assisting all new underwriters with items they are unsure of and assisting locating guidelines and explaining why we would need documents or need to add conditions
  • Verified integrity of applicants' information to minimize fraud.
  • Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
  • Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
  • Evaluated loan requests and documents to verify accuracy and completeness.
  • Monitored pipelines to track and log status of loans.

Education

Bachelor of Business Administration - Business Management, Finance

Saginaw Valley State University
Saginaw, Michigan
01.2014

Skills

  • Customer Relations
  • Communication
  • Business Performance Improvement
  • Leadership
  • Results Driven
  • Team Collaboration
  • Performance Leader
  • Time Management
  • Underwriting guidelines
  • Documentation review
  • Residential mortgage lending regulations
  • Loan evaluation
  • Credit analysis

Certification

DE Certification

Timeline

Direct Mortgage Underwriter III

Mr. Cooper
10.2020 - Current

Senior Mortgage Underwriter

United Wholesale Mortgage
02.2017 - 10.2020

Bachelor of Business Administration - Business Management, Finance

Saginaw Valley State University

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