Lori Schwartz
Lake Grove,NY
Summary
Detail-oriented mortgage processor with expertise in pipeline management and financial analysis. Proven ability to streamline operations while ensuring regulatory compliance and enhancing workflow efficiency. Successfully supported Conventional, FHA, VA, Jumbo, Heloc, Commercial, and Non-QM lending. Extensive remote mortgage operations experience.
Overview
1
1
Certification
25
25
years of professional experience
Work History
Team Senior Mortgage Processor
United Mortgage
Melville, NY
06.2023 - 08.2026
- Managed a pipeline of 50 plus residential mortgage loans simultaneously while consistently meeting closing deadlines
- Served as primary customer contact throughout loan lifecycle, ensuring clear communication and timely updates
- Sent out approvals, contacted borrowers to request conditions
- Ordered internals, WVOE's, transcripts, credit supplements, MI, FHA connections and any others
- Reviewed conditions to expedite CTC's
- Facilitated communication among sales, underwriting, appraisal companies, insurance, title, and closing teams
- Monitored SLAs, rate locks, CDs, and funding deadlines to ensure adherence to operational timelines
- Analyzed team production metrics and closing ratios
- Streamlined workflow processes while maintaining regulatory compliance to enhance overall operational effectiveness
Financial Analyst/ Stock Loan Operations
Broadridge Financial Services
remote, NY
06.2022 - 04.2023
- Coordinated securities lending operations with LoanNet and DTCC to ensure seamless transaction execution
- Successfully handled recalls, buy-ins, borrows, returns, and exception processing
- Executed balancing of securities lending, monthly billing, and daily activities to maintain operational accuracy
- Ensured accurate end-of-day balancing of accounts and positions within the securities lending domestic space to support financial reporting and regulatory compliance
- Performed contract analysis and reconciliations, locates, and contract compare
- Addressed client and internal team inquiries, resolving issues promptly to improve service quality
Senior Mortgage Process/Pipeline Manager
Homepoint Financial
Remote
09.2020 - 11.2021
- Managed a pipeline of over 250 wholesale loans, one of the organization's highest-volume pipelines, while consistently working to fulfill closing targets
- Monitored loan progress from approval to funding, ensuring timely completion of each stage in accordance with service level agreements, including closing dates, rate locks, and CDs
- Coordinated with brokers, underwriters, closing, and account executives
- Reviewed documentation for underwriting accuracy and cleared certain conditions
- Resolved various issues during loan processes, facilitating smooth operations and minimizing disruptions
- Oversaw compliance activities to ensure regulatory adherence and participated in internal audits
Commercial Loan Administrator
Valley Bank
Jericho, NY
12.2018 - 09.2020
- Implemented and maintained four significant commercial lending portfolios exceeding $400M, ensuring the proper administration, monitoring, and optimization of assets while adhering to client and organizational goals
- Reviewed credit packages and closing documentation, ensuring accuracy and compliance with lending standards to facilitate timely funding
- Executed end-to-end processing and cleared conditions and helped facilitate funding, ensuring complete accuracy
- Processed financial transactions, including advances, paydowns, and Israeli bonds to ensure seamless lending operations
- Produced monthly portfolio and compliance reports to inform strategic decision-making and ensure regulatory adherence
- Monitored AML, BSA, OFAC, and risk compliance
- Collaborated with customers, bankers, and internal and external departments to streamline communication and enhance service delivery
Pipeline Manager
Morgan Stanley
New York, New York
04.2016 - 09.2017
- Handled a mortgage pipeline of over 400 active loans for 23 private bankers across the mid-west region
- Led weekly pipeline meetings and reports to prioritize loans, address underwriting challenges, and ensure critical closing deadlines were met
- Reduced aged pipeline inventory (over 60 days of registration) to below 8% of overall pipeline through proactive file management and continuous follow-up on analysis, review, and communication
- Produced executive pipeline reports that increased visibility into aging files, contingency dates, and overall production metrics
- Worked daily with PHH Mortgage, underwriters, and private bankers to resolve complex loan issues
- Supervised multiple side projects to enhance operational efficiency, including workflow improvements, software testing, and process implementation
Senior Mortgage Processor
Royal Consultants
Syosset, New York
09.2001 - 12.2014
- Senior Mortgage Processor for the Ceo and 7 Loan Officers
- Managed a pipeline of over 55 residential loans
- Qualified borrowers, ran credit, performed income analyst, for several types of loans including FHA, VA, Conforming, Non-QM, and reverse
- Ran Credit, desktop underwriting, (DU) and Loan Prospector (LP)
- Ordered appraisals, titles, pay-offs, credit supplements, transcripts, and WVOE's
- Cleared certain conditions to get loans closed in a timely manner
- Attended weekly meetings to review the pipeline
- Attended company closings if any problems came up
Education
Associate of Arts - Business
Katharine Gibbs Business School
Melville, NYSkills
- Loan processing
- Pipeline management
- Underwriting
- Document review
- Loan origination software
- Loan processing software
- Workflow optimization
- Financial analysis
- Risk assessment
- Portfolio management
- Problem resolution
- Detail orientation
Certification
- Mortgage Loan Originator - NMLS#2589756, NY and FL
Timeline
Team Senior Mortgage Processor
United Mortgage
06.2023 - 08.2026
Financial Analyst/ Stock Loan Operations
Broadridge Financial Services
06.2022 - 04.2023
Senior Mortgage Process/Pipeline Manager
Homepoint Financial
09.2020 - 11.2021
Commercial Loan Administrator
Valley Bank
12.2018 - 09.2020
Pipeline Manager
Morgan Stanley
04.2016 - 09.2017
Senior Mortgage Processor
Royal Consultants
09.2001 - 12.2014
Associate of Arts - Business
Katharine Gibbs Business School