Dyvonda Price
Dallas,TX
Summary
Well-diverse underwriting professional specializing in evaluating and mitigating investment risk. Skilled in analyzing current performance and potential pitfalls to inform business decision-making. Expert in the consumer financial services industry that includes underwriting, modification, repayment plans, partial claims bankruptcy, loss mitigation, end to end mortgage solutions, securities, foreclosure and Risk Management & Compliance, & Business Analyst . Working knowledge of: Black Knight (MSP), LPS, Fiserv, Loan Safe, Encompass, AMQ, Meridian, compliance ease
Overview
20
20
years of professional experience
Work History
Sr. Loss Mitigation QC Underwriter
Consolidated Analytics/USAA
12.2022 - 03.2023
- Reviewed Loss Mitigation Applicants for proper procedure and compliance rules and regulation for the purpose of FHA, VA FHLMC, FNMA and GNMA
- Verified if guidance was adhered to the certain waterfall per guidance
- Loan Modification and processing, underwriting and proper documentation required for the Disaster and Pandemic Rules
- Wrote up deficiencies of the servicing company provided information to leadership and validated the correct procedure through the policies of Government and Risk management
Sr. Quality Control Underwriter
MRN Cubed LLC/Evolve Mortgage Services
09.2016 - 04.2022
- Perform-re-underwriting of selected closed loan production, audit of origination and closing with reconciliation of CD to verify compliance with FHA, VA, USDA, FHLMC, FNMA GNMA and company guidelines
- Review, evaluate and synthesize data to confirm loan viability and salability
- Analyze loans with a variety of income and assets guideline exceptions and reconciliation of custodial accounts and determine if approval is warranted
- Perform pre-funding audit of loan products to ensure compliance with policies procedures as well as investor guidelines
Loss Mitigation Underwriting Manager
Fay Servicing, LLC
07.2015 - 07.2016
- Manage client portfolio according to guidelines, establish requirements and measures to ensure proactive action on loans to optimize client's financial investments such as bankruptcy, collections, and foreclosure
- Completed assigned task to ensure timelines were met according to loss mitigation and special servicing procedures
- Analyzed existing default loans to provide clients with appropriate and timely resolutions along with income calculations, evaluated decisions associated with borrower correspondence for accuracy
- Identified discrepancies for processes as they related to loss mitigation
Forensic Underwriting Specialist III
Fannie Mae
05.2013 - 03.2015
- Responsible for examining, reviewing, and evaluating specific files and ensuring loans meet stated guidelines in prior to funding and repurchase loans
- Review loans with respect of compliance, with TILA-RESPA for accuracy of dates, signatures, loan amounts and notarized documents
- Performed risk analysis and decisions regarding deficiencies identified during the review process Provided quality feedback to underwriting and other business units identifying defects
- Maintained a tracking system with fraud information, claim and loan data in current loan review status along with writing deficiencies and repurchase loans
- Processed all reported fraud investigations with procedures and to a satisfactory a mutual recourse Wrote rebuttal letters to Investors to rebut cured and invalid claims
Sr. Loss Mitigation Underwriter III
Chase Home Loans
07.2011 - 04.2013
- Analyzed financial statements to determine if loan modifications were the effective loss mitigation effort to effectively mitigate risk
- Underwrote loan modifications with data issues for accuracy and quality assurance
- Implemented and facilitated strategies to review errors that would increase home ownership for HAMP, GSE and non-GSE assets
- Effectively managed underwriting guidelines for FHA, VA, and USDA mortgages
- Accurately recorded data and reviewed conclusions adhering to Treasury guidelines
Loss Mitigation Underwriter III
Saxon Mortgage
08.2010 - 04.2011
- Served as single point of contact for management team in executing strategies to minimize loss severity and frequency of assigned mortgage portfolio
- Loan analysis in underwriting and processing for FHA, VA, and conventional loan products
- Executed, prepared, reviewed, and analyzed financial documents that preferred loss mitigation strategies in lieu of foreclosure
- Made decisions to charge-off assets and bid decisions for assets taken to foreclosure sale
Sr. Underwriting Branch Manager
Alethes LLC, DBA Amerinet Mortgage
03.2003 - 08.2008
- Responsible for training, scheduling, assigning work of subordinate branch personnel of approximately 15 established opportunities within the team members to review goals & highlight personal development
- City of Dallas and Enterprise Foundation to assist with homeowner down payment solutions Attended state seminars gathering information which regulated Fannie Mae and Freddie Mac rules and compliance
- Followed up on AUS decisions on loan approvals involving FHA and Fannie Mae loans
Education
Basics -
South Oak Cliff High School
Dallas, Texas05.1983
Skills
- Performance analysis
- Business deal underwriting
- Data interpretation
- Economic evaluation
- Risk mitigation
- Decision making
- Attention to detail
- Securities comparison
- Financial modeling
- Loan Documents
- Contact centers
- Dispute Resolution
- Professional Communication
- Loan Servicing
- Escrow & Insurance
- Claims & Loss drafts
Timeline
Sr. Loss Mitigation QC Underwriter
Consolidated Analytics/USAA
12.2022 - 03.2023
Sr. Quality Control Underwriter
MRN Cubed LLC/Evolve Mortgage Services
09.2016 - 04.2022
Loss Mitigation Underwriting Manager
Fay Servicing, LLC
07.2015 - 07.2016
Forensic Underwriting Specialist III
Fannie Mae
05.2013 - 03.2015
Sr. Loss Mitigation Underwriter III
Chase Home Loans
07.2011 - 04.2013
Loss Mitigation Underwriter III
Saxon Mortgage
08.2010 - 04.2011
Sr. Underwriting Branch Manager
Alethes LLC, DBA Amerinet Mortgage
03.2003 - 08.2008
Basics -
South Oak Cliff High School
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