Kathy Lee Scannello

Secondary review of Underwriters decisions providing approval or declination
Maintained a high level of production exceeding production goals
Review and implement investor complex guidelines for each transaction
Audited Commercial DSCR loans i.e. bridge loans, fix and flip loans, to ensure guideline compliance
Calculated income via business and personal tax returns, as well as cash flow analysis via bank
statements
Maintained the highest compliance and quality scores of 99%
Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.

• Managed Mortgage Processors, Underwriters and Closers.
• Directed initiatives to achieve regulatory compliance, and meet component quality standards.
• Trained and guided team members to maintain high productivity and performance metrics.
• Observed each employee's individual strengths and initiated mentoring program to improve areas of weakness.
• Promoted positive customer experience through day-to-day supervision and management
• Directed product flow and informed management of delays and challenges, as well as suggested resolutions.

• Supervised team of 25 mortgage originators, processors, and servicing staff, promoting positive environment and instilling model of hard work and dedication.
• Resolved issues and recommended actions based on production and compliance reports.
• Attended trade shows and client meetings, promoting company brand and building rapport with prospects and partners.
• Created and made appropriate documentation for annual budgets and senior leadership goals.
• Monitored and managed Residential and Home Equity portfolios
• Increased loan production by 100%, and exceeded production goals every year.
• Prepared and sold mortgages to Freddie Mac, providing record levels of fee income
• Originated residential mortgages – responsible for greater than 50% of the production
• Investigated and responded to all internal and external audits, receiving at least satisfactory rating
• Oversaw entire loan process to provide each client received exceptional service.

• Managed Residential Mortgages Origination, Servicing and Credit Loan Departments
• Reviewed, identified, updated and prioritized strategic initiatives to provide comprehensive support to senior leadership.
• Developed and maintained annual budgets for board of directors and executive department.
• Evaluated applications against outline specifications to approve, reject or recommend adjustments files.
• Produced reports outlining financial data to assist management with making strategic plans and operational decisions.
• Attended weekly meetings and special sessions of Leadership and Executive Leadership Teams and contributed to major administrative initiatives, policies and decisions.
• Communicated with leadership teams to assist with administrative initiatives and decisions and attended weekly meetings to support policy changes.

• Spokesperson for 150 Underwriters/Underwriting Managers in a multifunctional Six Sigma Lean Process Action Team that streamlined existing processes and procedures, reducing approval process time from 180hours to 72 hours
• Underwriting Manager with a staff of 25 employees
• Underwriting Guideline exceptions Develop more exacting underwriting guidelines
• Monitored Underwriters pipelines to ensure quality and quick turnaround time
• Assisted Investors during the review and approval process answering questioned to facilitate the sale Diligence review of repurchased loans and prepared rebuttals business practices, underwriting investigations or fraud exposure.
• Monitored underwriting teams' performance and provided mentoring to achieve personal and department production goals.
• Reviewed residential mortgages and defended lenders from FNMA, FHLMC and MI claims.
• Proved successful working within tight deadlines and fast-paced atmosphere.
• Used critical thinking to break down problems, evaluate solutions and make decisions.