EDWARD ICKES
JOHNSTOWN,PA
Summary
A quality minded frontline forward and Reverse underwriter that can produce in a high-volume atmosphere with the proven capabilities while meeting customer service levels. Execution of key strategies and objectives to prioritize time management and establish effective goal setting. Key skills include following: FHA DE/CHUMS Certification; analytical problem-solving skills; system training skills including Fannie Mae Desktop Underwriter (DU); Fannie Mae Desktop Originator (DO); Freddie Mac Loan Prospector (LP); FHA Total Scorecard; and Rural Development Guaranteed Underwriting System (GUS).
Overview
22
22
years of professional experience
1
1
Certification
Work History
Mortgage Banker Assistant
Valor Home Loans
Johnstown, PA
04.2024 - Current
- Develop 4-5 applications per day through the dialer system.
- Confirmed applicants met lender requirements to repay loans by reviewing applications to determine eligibility
- Interviewed loan applicants to obtain personal and financial data to assist in completing applications
- Open new loans received by the branch by setting them up for Processing
- Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws
Mortgage Loan Officer Assistant
Cross Country Mortgage
Johnstown, PA
07.2023 - 04.2024
- Develop 4-5 applications per day through the dialer system
- Confirmed applicants met lender requirements to repay loans by reviewing applications to determine eligibility
- Interviewed loan applicants to obtain personal and financial data to assist in completing applications
- Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws
- Managed a pipeline of mortgage applications, maintaining accuracy and prioritizing urgent cases
- Supported loan processing by compiling applicant documentation such as credit reports, employment verifications, and financial history paperwork
- Continuously expanded knowledge of various mortgage products and lending guidelines to provide clients with the best possible solutions for their needs
Mortgage Banker Assistant
Bank of England Mortgage
Johnstown, PA
04.2023 - 06.2023
- Develop 4-5 applications per day through the dialer system
- Confirmed applicants met lender requirements to repay loans by reviewing applications to determine eligibility
- Interviewed loan applicants to obtain personal and financial data to assist in completing applications
- Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws
DE Reverse Underwriter
Cherry Creek Mortgage, LLC – Reverse Division
Richmond, VA
12.2021 - 11.2022
- Underwrote FHA HECM loans according to FHA HECM and company guidelines
- Analyzed credit and completed the HECM Financial Assessment
- Analyzed and reviewed appraisals according to FHA/HUD Guidelines as outlined in the 4000.1 handbook
DE Reverse Underwriter
Reverse Mortgage Funding, LLC
Richmond, VA
08.2021 - 10.2021
- Underwrote FHA HECM loans according to FHA HECM and company guidelines
- Analyzed credit and completed the HECM Financial Assessment
- Analyzed and reviewed appraisals according to FHA/HUD Guidelines as outlined in the 4000.1 handbook
Senior Underwriter
Member Options, LLC / UVA Community Credit Union
Charlottesville, VA
08.2020 - 02.2021
- Underwrote Forward Conventional, FHA, and Portfolio loans
- Analyzed all documentation including credit and appraisals according to investor guidelines and rendered decision
DE Reverse Underwriter
Open Mortgage, LLC
Richmond, VA
05.2020 - 08.2020
- Underwrote FHA HECM loans according to FHA HECM and company guidelines
- Analyzed credit and completed the HECM Financial Assessment
- Analyzed and reviewed appraisals according to FHA/HUD Guidelines as outlined in the 4000.1 handbook
DE Reverse Underwriter
Live Well Financial, Inc.
Richmond, VA
10.2014 - 05.2019
- Underwrote FHA HECM loans according to FHA HECM and company guidelines
- Analyzed credit and completed the HECM Financial Assessment
- Analyzed and reviewed appraisals according to FHA/HUD Guidelines as outlined in the 4000.1 handbook
BIO Business Analyst 2 (SR)/AVP
SunTrust Mortgage, Inc.
Richmond, VA
05.2011 - 06.2014
- Designated Agent for the SunTrust Mortgage Line of Business, 1st level approver for all Mortgage Systems on both the Origination and Servicing sides for teammates and assisted the Mortgage Business Lines with the creation and maintenance of role-based access for teammates within the guidelines dictated by TRaC (Technology Risk and Compliance) and the attestation of all Fannie Mae Applications utilized by SunTrust Mortgage
- Assisted Mortgage Credit Risk Management in managing the underwriting conditions for the mortgage loan origination system, STMPartners and maintained Fannie Mae Custom Desktop Underwriter (CDU) rules and messages until its sunset, December 2012 and was their liaison to Fannie Mae and Freddie Mac for all AUS-related technology issues as they pertained to Desktop Underwriter (DU) and Loan Prospector (LP)
- Served on the Site Administration Team that was assisting with the implementation of the new loan origination system, Empower
AUS Support Manager/Business Project Manager III/AVP
SunTrust Mortgage, Inc.
Richmond, VA
10.2004 - 05.2011
- Reviewed and analyzed updates and bulletins from investors, regulators, insurers and various SunTrust Mortgage, Inc. departments as it pertained to AUS risk by conducting research and communicating findings to appropriate staff. Aided with the development of AUS products from a credit risk view. And aided with and was the liaison to Fannie Mae and Freddie Mac for all AUS-related technology issues as they pertained to Desktop Underwriter (DU) and Loan Prospector (LP)
- Maintained Fannie Mae Custom Desktop Underwriter (CDU) rules and messages; and was the team lead for the SunTrust Mortgage Transformation Project for Underwriting Conditions Mapping consisting of eight (8) members; and provided on-call technical 2nd level problem-solving assistance for all AUS-related issues nationwide for all business lines
- Independently developed; implemented a process for which HARP loans were handled when they lost the Fannie Mae Desktop Underwriter (DU) DU Refi Plus status which saved the company over 1000 (+) loans from not being eligible for the program; and a process for which closed loans were handled when they lost the Fannie Mae Desktop Underwriter (DU) Approve/Eligible status or Freddie Mac Loan Prospector (LP) Accept status which saved the company thousands of dollars in profit; and a better process for presenting and submitting all Fannie Mae loans closed that were deemed non-salable for a Single Loan Waiver making them eligible for delivery saving the company millions of dollars in profit
Education
Associate in Applied Science degree - Hotel/Restaurant/Institutional Management
J. Sargeant Reynolds Community College
Richmond, VASkills
- Reverse mortgages
- Conventional mortgages
- Goal oriented
- Underwriting
- Desktop underwriter expert
- FHA and USDA loans
Certification
- FHA DE CHUM’s Designation (HM80)
- Mortgage Bankers Association – School of Mortgage Banking, Richmond, VA Certified Mortgage Banker Residential (CMB), Candidate
- Virginia Mortgage Bankers Association – School of Mortgage Banking, Richmond, VA Accredited Mortgage Banker (AMB)
Timeline
Mortgage Banker Assistant
Valor Home Loans
04.2024 - Current
Mortgage Loan Officer Assistant
Cross Country Mortgage
07.2023 - 04.2024
Mortgage Banker Assistant
Bank of England Mortgage
04.2023 - 06.2023
DE Reverse Underwriter
Cherry Creek Mortgage, LLC – Reverse Division
12.2021 - 11.2022
DE Reverse Underwriter
Reverse Mortgage Funding, LLC
08.2021 - 10.2021
Senior Underwriter
Member Options, LLC / UVA Community Credit Union
08.2020 - 02.2021
DE Reverse Underwriter
Open Mortgage, LLC
05.2020 - 08.2020
DE Reverse Underwriter
Live Well Financial, Inc.
10.2014 - 05.2019
BIO Business Analyst 2 (SR)/AVP
SunTrust Mortgage, Inc.
05.2011 - 06.2014
AUS Support Manager/Business Project Manager III/AVP
SunTrust Mortgage, Inc.
10.2004 - 05.2011
Associate in Applied Science degree - Hotel/Restaurant/Institutional Management
J. Sargeant Reynolds Community College