Michele A. Van Moppes
Virginia Beach,VA
Summary
Extensive experience in all facets of Mortgage Underwriting. Expertise in compliance and fraud prevention for conforming and non-conforming conventional, DE FHA, automatic and prior approval VA, and Virginia Housing Development Authority (VHDA) loans.
Overview
1
1
Certification
38
38
years of professional experience
Work History
Government Contractor / SBA / Loan Specialist
Audley Consulting Group
Rockville, MD
01.2023 - Current
- Loan specialist for the SBA completing reviews of PPP loans for Forgiveness and Guaranty Purchase.
- Review PPP loans, obtained through the SBA for self-employed borrowers for Forgiveness. Review all credit documentation required to be submitted by the lenders from the borrower at application to determine approval for forgiveness.
- Review loans utilizing an assigned a risk class, denied forgiveness, or referred as fraud to determine if the lender meets the guidelines for Guaranty Purchase. Recommend approval or denial or request additional documentation from the lender.
Sr. Govt Underwriter
Roundpoint Mortgage
Fort Mill, SC
06.2021 - 08.2022
- Underwrite conforming and non-conforming conventional, government (DE FHA and VA), loan programs for credit and collateral evaluation adhering to government guidelines, Investor guidelines and company credit overlays from initial to final review.
- Review loans utilizing a paperless document file and an assigned risk class through several automated underwriting systems (AUS) including company’s internal system, Encompass, FHLMC’s Loan Prospector (LP) and FNMA’s Desktop Underwriter (DU) and those requiring a manual review.
- Communicate loan decision to both Originator and Processor. Assist all parties to transaction with questions on loan parameters and documentation required to satisfy pending conditions.
Sr. Govt Underwriter
Freedom Mortgage Corp
New Jersey
10.2019 - 06.2021
- Complete ongoing training for underwriting updates (credit and collateral), compliance, technology, and company policies
- Utilize risk assessment from AUS systems, DU and LP, to assist in decisioning of loans. Review appraisals, request corrections as needed, issue VA’s Lender Notice of Value and FHA’s Conditional Commitment. Review and warrant condominium projects.
- Prepare and distribute decision documentation to include Conditional Approval Notice, Denial, Counteroffer, and Incomplete letters.
- Communicate with Originators/Processors regarding pending conditions or questions on loans.
Senior Mortgage Underwriter
CBM Mortgage Inc
Virginia Beach, Virginia
04.2019 - 10.2019
Senior Mortgage Underwriter
OVM Financial
Chesapeake, Virginia
12.2017 - 04.2018
Corporate Senior Mortgage Underwriter
George Mason Mortgage LLC
Virginia Beach, VA
07.2016 - 11.2017
Mortgage Loan Underwriter
Monarch Mortgage/Towne Bank Mortgage
Virginia Beach, VA
08.2014 - 07.2016
Mortgage Loan Underwriter 4
Movement Mortgage
Virginia Beach, Virginia
01.2014 - 08.2014
Consumer Loan Underwriter 3
Wells Fargo Home Mortgage
Virginia Beach, Virginia
01.2009 - 01.2014
Mortgage Loan Underwriter
Metamerica Home Mortgage
Virginia Beach, VA
01.2007 - 01.2008
Mortgage Loan Underwriter
Southern Trust Mortgage
Norfolk, VA
01.2004 - 01.2006
Mortgage Loan Underwriter/Wholesale Division
Benchmark Mortgage
Virginia Beach, VA
01.2001 - 01.2004
Team Leader
FIRST UNION MORTGAGE CORPORATION
Raleigh, NC
01.1996 - 01.2000
- Provide leadership and manage a team of 10–12 people consisting of Underwriters, Processors, Closers and Post Closers.
- Met or exceeded team goals to achieve incentive bonuses.
- Manage team expenses to meet budget goals.
- Underwrite, Process and Close FHA/VA and Conventional loans within regulatory and investor guidelines.
- Review files for accuracy on a continuing basis.
- Maintain and consistently provide a high level of customer service.
- Develop team strategic plan to meet incentive and service goals.
- Implement effective training and recognition programs.
- Serve as a liaison between the team and upper management Cross sell bank products to mortgage customers.
Underwriter/Processor
FIRST UNION MORTGAGE CORPORATION
Virginia Beach, VA
01.1989 - 01.1995
- Process FHA/VA, VHDA and Conventional Loans
- Promoted to Underwriter and given Authority for Conventional and VA loans.
Education
Associate of Arts - Accounting
Tidewater Community College
Virginia Beach, VASkills
- Security clearance
- Policy analysis
- Willingness to learn
- Teamwork and collaboration
- Attention to detail
- Multitasking
- Reliability
- Adaptability and flexibility
- Decision-making
- Analytical and critical thinking
- Self motivation
Certification
- Underwriting & CORE Essentials, Wells Fargo Home Mortgage
- Veterans Administration LAPP/SAR Approval
- FHA Direct Endorsement Approval
- VHDA Underwriting Delegation
Timeline
Government Contractor / SBA / Loan Specialist
Audley Consulting Group
01.2023 - Current
Sr. Govt Underwriter
Roundpoint Mortgage
06.2021 - 08.2022
Sr. Govt Underwriter
Freedom Mortgage Corp
10.2019 - 06.2021
Senior Mortgage Underwriter
CBM Mortgage Inc
04.2019 - 10.2019
Senior Mortgage Underwriter
OVM Financial
12.2017 - 04.2018
Corporate Senior Mortgage Underwriter
George Mason Mortgage LLC
07.2016 - 11.2017
Mortgage Loan Underwriter
Monarch Mortgage/Towne Bank Mortgage
08.2014 - 07.2016
Mortgage Loan Underwriter 4
Movement Mortgage
01.2014 - 08.2014
Consumer Loan Underwriter 3
Wells Fargo Home Mortgage
01.2009 - 01.2014
Mortgage Loan Underwriter
Metamerica Home Mortgage
01.2007 - 01.2008
Mortgage Loan Underwriter
Southern Trust Mortgage
01.2004 - 01.2006
Mortgage Loan Underwriter/Wholesale Division
Benchmark Mortgage
01.2001 - 01.2004
Team Leader
FIRST UNION MORTGAGE CORPORATION
01.1996 - 01.2000
Underwriter/Processor
FIRST UNION MORTGAGE CORPORATION
01.1989 - 01.1995
Associate of Arts - Accounting
Tidewater Community College