Edward RMIREZ
San Antonio,TX
Summary
Top-notch Underwriter with solid experience in financial services. Proficient in determining level of risk for lenders using strong mathematical and statistical skills. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels.
Overview
14
14
years of professional experience
Work History
Production Underwriter
Point Digital Finance
01.2022 - 08.2023
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Made approval and denial recommendations by determining accurate risk levels.
- Built strong relationships with lenders, brokers and clients for constructive communications.
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Identified and resolved application discrepancies for accuracy and compliance with relevant regulations.
- Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
- Supported review, acceptance or denial of new or renewal business after carefully reviewing all information.
- Assessed and advised on loan applications utilizing in-depth underwriting process understanding.
- Evaluated applications to determine insurance coverage and appropriate risk classifications.
- Developed and implemented underwriting policies and procedures, establishing useful and accurate processing of applications.
- Collaborated with other professionals to develop innovative underwriting solutions.
- Monitored underwriting teams' performance and provided mentoring to achieve personal and department production goals.
Consumer Loan Underwriter
Wells Fargo Home Mortgage
06.2009 - 10.2020
- Reviewed financial statements, credit histories, income reports and other information to make accurate determinations about loan decisions.
- Approved, declined or counter-offered loans up to $1,000,000.
- Identified and quickly resolved complex customer and loan problems with potential to negatively impacting operations management and business direction.
- Maintained in-depth understanding of USDA, FHA, VA, loan requirements.
- Resolved and identified complex customer loan problems to prevent negative impact on operations and business direction.
- Proactively identified and solved complex customer and loan problems impacting operations management and business directions.
- Assisted processors to complete loan applications on time.
- Mitigated regulatory risks by ensuring all closing loans adhered to CFPB compliance and government guidelines.
- Underwrote complex mediated and litigated foreclosure loans.
- Worked one on one with outsourced attorneys attending mediation and litigation hearings.
- Represented Wells Fargo Home Mortgage by attending hearings telephonically when needed to support the attending attorney.
- Second level review of prior underwriting decisions to ensure the accuracy of income calculations.
- Peer review of non delegated underwriters.
Education
Heartland College
Bloomington, ILSouthern Illinois University Carbondale
Carbondale, ILIllinois Valley Community College
Oglesby, ILSkills
- Quality Assurance
- Quality Control
- Revenue Generation
- Time Management
- Property Appraisals
- Data Analysis
- Coverage Determination
- Data Collection
- Risk Management
- Automated Underwriting Systems
- Production Goals
- Customer Satisfaction
- Portfolio Management
- Risk Assessment
- Desktop Underwriter
- Application Reviews
- Loan Approval and Denial
- Underwriting Understanding
- Underwriting Calculations
- Loss Protection
- Pipeline management
- Income Calculation
- In depth knowledge of MSP
- Proficient in MS windows, MS
outlook, MS Office and MS
SharePoint - Knowledge of RESPA, CFPB
Guidelines - Mediation, Litigation and
Bankruptcy experience
Timeline
Production Underwriter
Point Digital Finance
01.2022 - 08.2023
Consumer Loan Underwriter
Wells Fargo Home Mortgage
06.2009 - 10.2020
Heartland College
Southern Illinois University Carbondale
Illinois Valley Community College
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