Summary
Overview
Work History
Education
Skills
Timeline
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Edwin Namenge

Edwin Namenge

Coppell,TX

Summary

Experienced Portfolio Management with a demonstrated history of working in the Real Estate Industry. Skilled in loan processing, negotiations, default Asset Management, sales, and Educational Technology. Strong finance professional with a BBA/MBA focused in Real Estate/Finance from the University of North Texas.

Overview

18
18
years of professional experience

Work History

Junior Underwriter/Title Examiner

Fidelity Financial
Plano, TX
12.2021 - Current
  • Reviewed loan applications and credit documents to assess risk and eligibility for approval.
  • Conducted research on potential borrowers to verify financial information.
  • Analyzed loan terms and conditions, including repayment structure and interest rates.
  • Prepared reports summarizing borrower's credit history, assets, liabilities, income, and other relevant data.
  • Communicated with lenders to discuss underwriting decisions and obtain additional documentation as needed.
  • Consulted with senior underwriters regarding complex cases.
  • Monitored portfolio performance of loans approved by department.
  • Performed periodic reviews of existing loans to ensure continued compliance with regulations.
  • Developed strategies for mitigating risks associated with various types of loans.
  • Assessed the impact of changes in economic conditions on portfolio performance.
  • Documented all underwriting decisions in accordance with company guidelines.
  • Maintained an up-to-date knowledge base of current market trends and competitive products offerings from other lenders.
  • Evaluated collateral appraisals for accuracy, completeness, and conformity to standards set forth by the organization.
  • Analyzed risk and adhered to underwriting standards to drive risk selection and profitability.
  • Conducted comprehensive analysis and evaluated risk to control underwriting loss.
  • Followed underwriting guidelines in developing rates for new and renewal groups.
  • Inspected financial statements, credit information and title data to complete underwriting process.
  • Collaborated with teams to develop new reports and models, driving pricing accuracy.
  • Reviewed and analyzed legal documents such as deeds, title abstracts, mortgages, judgments, liens and plats to determine ownership of real estate.
  • Conducted research in public records including county courthouses, registries of deeds and other applicable sources for title information.
  • Examined chain of title to identify issues or defects that may affect marketability of the property.
  • Analyzed prior and current land use regulations to determine any potential restrictions on the use of a particular parcel of land.
  • Prepared title commitments with detailed descriptions of outstanding encumbrances affecting a property's title status.
  • Verified accuracy and completeness of legal documents before closing a transaction.

Title Examiner

Mortgage Connect LLC
Irving, TX
02.2020 - 12.2020
  • Reviewed and analyzed legal documents such as deeds, title abstracts, mortgages, judgments, liens and plats to determine ownership of real estate.
  • Conducted research in public records including county courthouses, registries of deeds and other applicable sources for title information.
  • Examined chain of title to identify issues or defects that may affect marketability of the property.

REO Specialist

VRM Mortgage LP
Carrollton, TX
08.2008 - 11.2019
  • Developed and maintained relationships with real estate agents, lenders, title companies, and other professionals in the REO industry.
  • Managed a portfolio of REO properties for clients including banks, mortgage services, and investors.
  • Monitored daily listing activity to ensure accurate pricing on all properties.
  • Coordinated with contractors to complete repairs on REO properties prior to sale.
  • Assisted in marketing efforts by creating flyers and brochures for potential buyers.
  • Performed inspections of REO properties to determine condition and value prior to sale.
  • Prepared documents such as contracts, deeds, lien releases. for closing on REO transactions.
  • Conducted research into local market trends to ensure competitive pricing of listings.
  • Reviewed appraisals and other reports related to the disposition of REO assets.
  • Analyzed financial statements associated with foreclosed properties for proper valuation purposes.
  • Negotiated offers from potential buyers while ensuring maximum return on investment for clients.
  • Maintained detailed records of all activities related to the management of REOs including sales history and expenses incurred during property preservation activities.
  • Organized eviction proceedings when necessary in order to secure possession of vacant or tenant-occupied properties.
  • Reported regularly on progress made towards meeting goals set forth by clients regarding profitability of their portfolios.
  • Identified additional opportunities for income generation through alternative methods such as short sales or auctions.
  • Advised clients on best practices related to asset liquidation strategies in order to maximize returns.
  • Collaborated with legal teams in order to ensure compliance with state laws governing foreclosure procedures.
  • Provided guidance and support throughout the entire process from pre-foreclosure through post-sale activities.
  • Generated monthly status reports outlining performance metrics such as average days on market, list price vs sold price ratio.
  • Maintained knowledge of real estate law, available mortgages and government programs.
  • Acted as intermediary in negotiations between buyers and sellers during closing of sales.
  • Compared similar properties to determine competitive market price.
  • Generated lists of properties for sale, descriptions and available financing options.
  • Monitored fulfillment of purchase contract terms to foster timely completion.
  • Supervised agents handling real estate transactions.
  • Conducted virtual tours of properties for interested buyers.
  • Obtained agreements from property owners to place properties for sale with real estate firms.

Title Examiner

Bank of America
Richards, TX
02.2006 - 08.2009
  • Reviewed and analyzed legal documents such as deeds, title abstracts, mortgages, judgments, liens and plats to determine ownership of real estate.
  • Conducted research in public records including county courthouses, registries of deeds and other applicable sources for title information.
  • Examined chain of title to identify issues or defects that may affect marketability of the property.
  • Prepared title commitments with detailed descriptions of outstanding encumbrances affecting a property's title status.
  • Verified accuracy and completeness of legal documents before closing a transaction.
  • Assisted attorneys in preparing legal opinions regarding title matters.
  • Coordinated with lenders, underwriters and clients to answer questions about properties' titles or transactions involving them.
  • Performed due diligence investigations on prospective acquisitions by researching deed records and tax assessments.
  • Drafted reports summarizing findings from title searches indicating any possible problems associated with a property's title history.
  • Researched historical documents to verify boundaries between adjacent parcels.
  • Identified potential risks associated with titles based on examination results.
  • Developed strategies for resolving difficult cases requiring additional investigation or analysis.
  • Collaborated with surveyors in determining boundary lines between properties.
  • Performed title searches, ordered reports and obtained clearance documents.
  • Negotiated solutions when conflicts arise over ownership rights or interests in properties.

Education

BBA - Business Administration/Real Estate

University of North Texas
Denton, TX
05-2008

Bachelor of Arts - Education/ English/Reading

Kenyatta University
Nairobi Kenya
04-1997

Skills

  • Strong analytical skills
  • Sales Support
  • Risk assessment expertise
  • Managing risk
  • Loss Protection
  • Risk Mitigation
  • Analyzing data
  • Negotiation proficiency
  • Data Collection
  • Industry Trends
  • Building strong relationships
  • Business Development

Timeline

Junior Underwriter/Title Examiner

Fidelity Financial
12.2021 - Current

Title Examiner

Mortgage Connect LLC
02.2020 - 12.2020

REO Specialist

VRM Mortgage LP
08.2008 - 11.2019

Title Examiner

Bank of America
02.2006 - 08.2009

BBA - Business Administration/Real Estate

University of North Texas

Bachelor of Arts - Education/ English/Reading

Kenyatta University

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