Cynthia Forwood
Bonney Lake,WA
Summary
IHardworking Senior Underwriter effective at achieving control and profitability objectives according to company guidelines. Experienced in partnering with field producers to support marketing and sales activities. Over 35 years experience in the industry
Overview
33
33
years of professional experience
Work History
Senior Underwriter
Evergreen Home Loans
Bellevue, WA
07.2018 - 08.2022
- Underwrote Conventional, High Balance Conventional, FHA, WSHFC BOND and VA loans using automatic AUS System and Encompass.
- Coordinated with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
- Oversaw quality control of tax credit financial models involving underwriting integrity and project budgets.
- Controlled loss by assessing risk, conducting system analysis and recommending policy solutions.
- Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
Underwriting Manager/AVP
Home Street
Federal Way, WA
06.2014 - 06.2018
- Managed a team of Underwriters to help make daily decisions on loans following Investor guidelines for Fannie, Freddie, FHA, VA and Jumbo loans
- Managed the pipeline daily to assure files were completed to meet turn times
- Assisted Underwriters on QA and QC findings.Communicated with Sales and Operations on files daily.
- Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
- Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
- Examined potential loss stemming from catastrophe, severity or frequency of possible loss.
- Met with customers, agents and brokers to negotiate coverage, price and service delivery.
Senior Underwriter
Cobalt Mortgage
Kirkland, WA
07.2012 - 06.2014
- Underwrite conventional conforming loans, high balance conventional loans, FHA and FHA high balance loans, VA Loans.
- Coordinated with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
- Monitored underwriting teams' performance and provided mentoring to achieve personal and department production goals.
Senior Underwriter
Wells Fargo
Vancouver, WA
10.2011 - 07.2012
- Underwrite conventional conforming loans, high balance conventional loans, FHA and FHA high balance loans, VA Loans.
- Oversaw quality control of tax credit financial models involving underwriting integrity and project budgets.
- Coordinated with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
Team Lead
Bank Of America
Lake Oswego, OR
01.2004 - 01.2011
- Managed a team of 7 processors to process and underwrite Conventional, FHA and VA mortgage loans
- Coordinated with 2 branches of mortgage loan officers to help facilitate their loans
- Managed Pipe Lines and Capacity Reports for individual processors and coordinate daily huddles for guideline changes or new procedures
Underwriter/Senior Loan Coordinator
Washington Mutual
Lake Oswego, OR
01.1995 - 01.2004
- Underwriting all conventional prime and subprime loans as well as processing mortgage applications
- Validating DU approved loans, ordering credit report, prelims and appraisals
- Closed and funded mortgage loans and construction loans
- Communicated with borrowers, loan officers, title companies and appraisers during the mortgage process
Senior Loan Coordinator
Norwest Mortgage
Missoula, MT
01.1992 - 01.1995
- Preformed all duties of processing, closing, and funding of all mortgage loans, FHA and VA loans
- Worked closely with borrowers from time of application to funding of loan
Saving Counselor/Teller/Mortgage Loan Processor
Western Federal Saving Bank
Missoula, MT
01.1989 - 01.1992
- Performed all duties of the teller line as well as opened checking, savings, and IRA accounts
- Processed mortgage loans, construction loans, and FHA and VA loans
Skills
- Analysis and Evaluation
- Loan Restructuring
- USA Patriot Act
- Desktop Underwriter
- Loan Evaluations
- Pipeline Management
- Analyzing Data
Timeline
Senior Underwriter
Evergreen Home Loans
07.2018 - 08.2022
Underwriting Manager/AVP
Home Street
06.2014 - 06.2018
Senior Underwriter
Cobalt Mortgage
07.2012 - 06.2014
Senior Underwriter
Wells Fargo
10.2011 - 07.2012
Team Lead
Bank Of America
01.2004 - 01.2011
Underwriter/Senior Loan Coordinator
Washington Mutual
01.1995 - 01.2004
Senior Loan Coordinator
Norwest Mortgage
01.1992 - 01.1995
Saving Counselor/Teller/Mortgage Loan Processor
Western Federal Saving Bank
01.1989 - 01.1992
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