Georgette Milwood
Sanford,FL
Summary
Results-driven professional with over 15 years of expertise in the mortgage industry with a focus on structuring and analyzing complex transactions. Proven experience leading and collaborating with cross-functional teams in the achievement of established objectives. Skilled in managing multiple urgent tasks focused on organizing, prioritizing, and executing concurrent projects to successfully achieve organizational goals. Excellent reputation for resolving problems and improving customer satisfaction. Highly skilled Loan Specialist with expertise in data accuracy and security. Proven expertise in identifying unacceptable risk and preventing fraud. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Seeking full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Wholesale Underwriter
Arc Home Loans
01.2022 - 06.2022
- Analyzed borrower's credit file, collateral, and capacity to ensure creditworthiness and remained current on all guideline changes and system enhancements
- Acted as a subject matter expert (SME) in re-structuring loans for the Company's third-party originators and internal salesforce
- Ensured loans were cleared in a timely manner, affirming data integrity on all submissions
- Identified and escalated suspected or actual misrepresentation, or fraud perpetrated by the prospective borrower, Loan Officer, or third-party originator
- Displayed a high level of customer service to internal and external customers while communicating decisions (approval, suspense, denial) on loans to appropriate parties both verbally and in writing
- Developed and implemented underwriting policies and procedures, establishing useful and accurate processing of applications.
- Collaborated with other professionals to develop innovative underwriting solutions.
- Managed time efficiently in order to complete all tasks within deadlines.
- Proved successful working within tight deadlines and a fast-paced environment.
- Displaced due to reduction in workforce.
Senior Wholesale Underwriter
HomePoint
09.2020 - 01.2022
- Analyzed and evaluated all aspects of borrower credit, employment, income, and asset profiles ensuring all bank, investor, and regulatory standards are met
- Proactively recommended alternatives for loans that did not conform to general underwriting guidelines
- Evaluated credit packages to ensure a best-in-class, compliant, investor-quality loan product
- Thorough credit and financial analysis of loan files to determine compliance with company, investor, guidelines, and standards using independent discretion and judgment to make final decisions regarding approval or decline of loan requests
- Displayed a high level of customer service to internal and external customers while communicating decisions inclusive of approval, suspense, and denial of loans to appropriate parties both verbally and in writing
- Evaluated and reviewed condo projects, monitoring appraisals, insurance, projected budgets, Articles of Incorporation, By-Laws, Declarations, and Condominium Questionnaires.
- Utilized knowledge of insurance principles, policies and procedures to make decisions on risk assessment.
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Verified integrity of applicants' information to minimize fraud.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
- Discussed credit reports and asset management with borrowers to foster understanding of loan processes.
- Balanced risk against profitability to make optimal business decisions and guided junior team members in making similar critical decisions.
Loan Review Analyst/ ABL Field Examiner
Federal Home Loan Bank of NY
03.2017 - 09.2020
- Acted as lead for team of examiners and/or participated in mandated on-site inspections of the mortgage collateral pledged by depository institutions to assess compliance with Borrower-in-Custody program requirements and determine risk management recommendations
- Supervised proper and timely follow-up to issues identified during on-site reviews to include outstanding documentation, exception resolutions, questions, and concerns
- Scheduled and conducted collateral verification reviews at Member locations throughout a 5-state region to establish the eligibility and lien perfection of pledged loan collateral
- Determined collateral eligibility by analyzing automated loan data and review of specific loan documents of residential promissory notes, mortgage/deed of trust, mortgage title policy, appraisal/valuation documentation, security agreements, UCC filings, and other pertinent loan documents specific to the reviewed loans
- Reviewed depository institution's eligibility for the Borrower in Custody program based on financial condition, underwriting standards, and operational controls via in-depth analysis of all loan collateral pledged to FHLBNY, including residential and HELOC/second mortgage loans
- Support Collateral Custody and Pledging Services, as requested, in the review of physically delivered residential and commercial loan files in the Possession Category
- Produced and maintained various reports and analyses pertaining to collateral verifications, collateral evaluations, and Interagency Guidelines
- Conducted exit meetings with senior management of member institutions summarizing collateral verification review findings
- Prepared and delivered well-written conclusions that support examination findings, newly recommended assessed margin calculations, and supervisory decisions to Senior Management efficiently disseminating information regarding on-site results and recommendation via reports and oral presentations within management meetings
- Collaborated with legal internal partners in the review, evaluation, and analysis of members' purchase, servicing, and custodial agreements encumbering pledged collateral to determine the impact on eligibility and perfection of interest
Senior Retail Underwriter
Homebridge Financial Services
04.2016 - 02.2017
- Analyzed and evaluated all aspects of borrower credit, employment, income, and asset profiles ensuring all bank, investor, and regulatory standards are met
- Evaluated entire credit packages to ensure the delivery of quality loan products and displayed a high level of customer service to internal and external customers while communicating decisions on loan status
- The review of appraisals, insurance, projected budgets, Articles of Incorporation, By-Laws, Declarations, and Condominium Questionnaires
- Proactively recommended alternative products for loans unable to meet general underwriting guidelines
- Developed and maintained relationships with investors to drive compliance with guidelines.
- Determined credit risks by reviewing files in advance and comparing data against internal checklist,, team calculations and guidelines to validate information and underwriting decisions.
- Displaced due to reduction in workforce.
Senior Retail Underwriter
Advisors Mortgage Group
05.2013 - 04.2016
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Verified integrity of applicants' information to minimize fraud.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Negotiated and communicated with loan officers, processors and loan applicants to reach satisfactory loan terms.
- Created and implemented underwriting procedures and strategies to accurately and efficiently process loan applications.
- Balanced risk against profitability to make optimal business decisions and guided junior team members in making similar critical decisions.
Education
Bachelor of Arts - Individualized Studies
Fairleigh Dickinson University
02.2023
Accounting Certification -
Cornell University/Cornell SC Johnson College of Business
03.2023
Skills
- Sound Judgment
- Loan Evaluations
- Customer Relationship Management and Development
- Fraud Prevention and Detection
- Training Junior Team Members
- Residential Loan Documentation Review
- Commercial Loan Documentation Review
- Complex Problem-Solving
- Analytical and Critical Thinking
- Variance and Risk Analysis
- Appraisal Reviews
- Mortgage Servicing
- Presenting/Public Speaking
- Report Writing
Technical Skills
Microsoft Office Suite (Word, Excel, PowerPoint, Outlook) • DataTrac • MS Access • Microsoft Outlook • Gallagher • Calyx Point • Encompass •Meridian Link • AIQ • DataVerify• Loan Beam • Desktop Originator •Loan Prospector • Collateral Underwriter
Certification
- F HA DE Designation
Affiliations
- Toastmasters
- Project Management Institute
Timeline
Senior Wholesale Underwriter
Arc Home Loans
01.2022 - 06.2022
Senior Wholesale Underwriter
HomePoint
09.2020 - 01.2022
Loan Review Analyst/ ABL Field Examiner
Federal Home Loan Bank of NY
03.2017 - 09.2020
Senior Retail Underwriter
Homebridge Financial Services
04.2016 - 02.2017
Senior Retail Underwriter
Advisors Mortgage Group
05.2013 - 04.2016
Bachelor of Arts - Individualized Studies
Fairleigh Dickinson University
Accounting Certification -
Cornell University/Cornell SC Johnson College of Business
Similar Profiles
Colleen McAdamisColleen McAdamis
Underwriter at ARC Home LoansUnderwriter at ARC Home Loans
Sheryl CatalanoSheryl Catalano
Senior FHA/VA, Conventional Underwriter at PLANET HOME LENDINGSenior FHA/VA, Conventional Underwriter at PLANET HOME LENDING
Danielle BiermannDanielle Biermann
VA Eligibility and Entitlement Analyst at Newrez Home Loans (Formally Caliber Home Loans)VA Eligibility and Entitlement Analyst at Newrez Home Loans (Formally Caliber Home Loans)
Brenda MeagherBrenda Meagher
Customer Service Representative at Stryker OrthopaedicsCustomer Service Representative at Stryker Orthopaedics
Naïka Gabriel, MPHNaïka Gabriel, MPH
Midwifery Preceptorship at Teamwork BirthingMidwifery Preceptorship at Teamwork Birthing