BRENDA VARON NEWTON
San Diego,CA
Summary
Loss Mitigation Specialist, SPOC, with six years of experience helping borrowers navigate loss mitigation options with compassion and professionalism.
Overview
16
16
years of professional experience
Work History
Loss Mitigation Specialist, SPOC
GUILD MORTGAGE COMPANY LLC
San Diego, CA
01.2017 - Current
- Subject matter expert in FNMA, FHLMC, FHA, VA and USDA loss mitigation home retention and disposition options
- Communicate loss mitigation workout evaluation outcomes to borrowers
- Audit files and verify calculations performed by loss mitigation analysts to ensure compliance with investor/insurer regulations and CFPB rules
- Review and respond to potential successor documentation
- Perform monthly foreclosure referral audit to ensure compliance with investor/insurer foreclosure initiation timelines
- Research and respond to formal complaints pertaining to loss mitigation
FHA Foreclosure Specialist
GUILD MORTGAGE COMPANY LLC
San Diego, CA
01.2010 - 01.2017
- Monitor and process judicial and non-judicial foreclosure proceedings
- Ensure first legal action is property initiated and reported according to investor guidelines
- Prepare and notarize documents for execution
- Create judgment figures and calculate foreclosure fees/costs
- Review and approve invoices / reconcile accounts once foreclosure ends
- Process sale postponements
- Work with property preservation companies on vacant properties to mitigate damages/loss.
Insuring Technician/Suspense Coordinator
GUILD MORTGAGE COMPANY LLC
San Diego, CA
01.2008 - 01.2010
- Review and submit FHA loans for insuring
- Prepare and clear insuring suspensions
- Resolve investor suspensions within given deadlines to facilitate loan purchase
- Identify and communicate suspension trends to management.
Education
Liberal Arts -
MESA COLLEGE
San Diego, CAParalegal Business Practices Program -
UNIVERSITY OF SAN DIEGO
San Diego, CASkills
- Regulatory compliance
- Critical-thinking
- Problem-solving
- Empathy and Understanding
- Attention to Detail
- Time Management
- Excellent Communication
- Teamwork and Collaboration
Licenses
Mortgage Loan Originator, NMLS #2492684
Timeline
Loss Mitigation Specialist, SPOC
GUILD MORTGAGE COMPANY LLC
01.2017 - Current
FHA Foreclosure Specialist
GUILD MORTGAGE COMPANY LLC
01.2010 - 01.2017
Insuring Technician/Suspense Coordinator
GUILD MORTGAGE COMPANY LLC
01.2008 - 01.2010
Liberal Arts -
MESA COLLEGE
Paralegal Business Practices Program -
UNIVERSITY OF SAN DIEGO