Mike Doherty

Reviewing loan files for completeness and accuracy of underwriting for Conventional, FHA, VA, USDA and other FSB products.
•Analyzing credit documents, including, but not limited to, mortgage applications, credit history and income documents, title documents, appraisals and all applicable compliance documents.
•Evaluating debt ratio, loan-to-value ratios, credit score, property valuation and various other factors.
•Determining and documenting loan conditions and communicating requirements and/or decisions.
•Identifying portfolio risks resulting from the client's underlying business practices, underwriting, and/or fraud exposure.
•Maintaining knowledge of all applicable underwriting guidelines by completing all underwriter training programs, learning any business unit policy and/or guidelines.
• Review declined/withdrawn applications for accuracy.
• Early Payment Default & First Payment Default audit reviews.
• Audit reviews on Heloc loans.
• Focus Group Leader.
• Current backup to Team Lead on providing daily percentages to QC department and Senior Management.

• Currently managing all Prefunding rebuttals with QC management, underwriting and fulfillment quality.

• Underwrite daily designated loans for approval I guidelines, adjust system for accuracy and set conditions for push to processing
• Responsible for processing of loans approved by an Underwriter or an automated decisioning system within designated signing authority limits
• Responsible for clearing conditions and issuing changes to the terms on previously approved loans including verifying conditions of approval which may include customer income/assets documentation
• Review appraisals for completion of acceptable collateral checklist
• Resolve title issues including, vesting issues, child support liens, judgment liens, mechanic liens and undisclosed liens reconveyances; processes subordinations; resolves appraisal disputes; and coordinate closings
• Maintain a high level of customer service by being proactive in communication with customers, including banking center associates, and realtors
• Accomplishments: Completion of all Signing Authority Designation testing for conventional loans.
• Made approval and denial recommendations by determining accurate risk levels.

• Skip tracing on defendants provided by various law firms
• Research included but not limited to Accurint, CBC, Experian, and several other multiple applications for locating and contacting defendants in approximately 25 cases per day
• Searches included records of Criminal, Drivers License, Automobile Records, all Jails/ Prisons, Court Records & Employment history
• Personally contacted all located defendants as required for each case
• All monthly quota goals met consistently
• Completed final D&D's (non-servable defendants) for the appointed Judge's review for all counties in the State of Florida
• Passed the State of Florida Private Investigator CC license courses and PI/CC license obtained
• Processed Foreclosure requests submitted by clients of ProVest
• Obtained issued Summonses, Lis Pendens and Complaints from various Law Firms
• Required to maintain large pipeline of foreclosure cases (approximately 200 at all times) and move them to final process within 30 days of being issued by counties in the State of Florida
• Required to skip trace Defendants and locate process servers set by the State to serve Defendants
• Re-routed documentation to the new servers
• Additional duties included requesting Alias's if necessary, and inquiring with Process Servers the status of located defendants
• Passed all required training set by Company and received 'above average' Reviews for past 2 years.

• Processed FHA and Conventional loans
• Responsibilities include reviewing income, assets, credit reports, appraisals, automated underwriting conditions
• Reviewed title commitments, purchase contracts, and other documentation required by Countrywide and Investors
• Duties also include Disclosing, Processing, Closing, Funding, Shipping and Underwriting
• Updated compliance training requirements
• Passed all training set by Countrywide.

• Front Line, Quality Underwriter
• Level 1 Underwriter with Mortgage Signing Authority of $530,000.00 set by Genworth
• Review entire file credit packages included were self-employed and salaried income documentation, credit reports, asset statements, title reports appraisals
• Responsible for underwriting different programs set by Lender and Genworth
• Assisted with other areas of the Lender as needed
• Passed all audits by Genworth and Bank of America with zero error rate with 100% clean QC audits.

• Effectively and efficiently underwrite loans according to lender guidelines to approve or deny loans submitted in a wholesale capacity
• Responsibilities included ability to review loan submission for accuracy and completeness
• Compliance with all regulations; input loan details into FNMA DU and other risk based underwriting systems for further analysis of loan; assign conditions on approvals and forward loan onto processing or deny loan and clearly identify and specify reasons for denial
• Underwriting included 1st & 2nd mortgages along with appraisal reviews
• Also manually underwrote files for non-AUS or non-conforming products provided by lender with simultaneously keeping up on all training for product changes and pricing specials
• Passed all audits by PMI and MortgageIT with zero error rate with 100% clean QC audits.

• Processed conforming loans in a Wholesale capacity
• Reviewed Income, Assets, Credit Reports, Title commitments and appraisals
• Completed Compliance audits prior to issuing approvals to Account Executives/ Brokers
• Worked with numerous Account Executives and Brokers
• Updated any underwriting loan changes with Countrywide's AUS system or Fannie Mae/ Freddie Mac ensure Compliance requirements were always met
• Completed all training required by Countrywide.

• Underwrote auto approved loan application packages with a signing authority of $1,000,000
• Examined and decision for completeness including verification and validation of supporting documentation for income, assets and liabilities for low doc and full doc loans
• Processing responsibilities included reviewing title commitments, purchase contracts, and all other conditions set by AUS and Desktop Underwriter/or re-ran system for any discrepancies outside of tolerance levels
• Appropriately completed Loan Approval Summary and reviewed Hud Settlement Statements prior to Closing
• Summarized and worked closely with various loan consultants/brokers to process loans through to closing
• Successfully passed all required training courses including Senior Loan Coordinator/Jr
• Underwriter Risk Level Training, Product & Pricing, Income & Assets, Fair Lending, HMDA and Customer Service Quality Training.

• Duties included entering required information into DU/LP underwriting systems for qualification of borrower(s) with investor(s)
• Requested and obtained essential documentation from borrower(s) to complete loan package for approval to close loan
• Calculated income and selected the appropriate programs
• Worked with title companies, appraisers, and insurance companies to obtain title commitments, appraisals and required insurance for properties
• Additional responsibilities were preparation and submission of all RESPA documentation to borrowers for all in-house loan officers
• Received Top Processor Award for December 2002 and January 2003.

• Responsible for clearing all closed loan final documents; follow up with title companies, closing agents and attorneys to obtain missing documents; ship all recorded mortgages and final title policies to investors
• Duties included requesting and tracking payments for recording of mortgages
• Additional responsibilities included assisting post-closing reviews to ensure compliance with regulatory agencies, internal policies and investor requirements.

• Responsible for receiving, tracking and stacking closing packages to meet requirements from approximately 20 different mortgage lenders
• Additional duties included forwarding complete closing packages to Funding Department and insuring required documentation was recorded in a timely manner
• Accomplishments included meeting all requirement time deadlines and implementing tracking matrix for management
• Worked with Sr Mams to help establish the Scheduling Department for TransContinental Title Company; managed a staff of five people for scheduling of mortgage loan closing dates and worked with various Lenders.

• Reviewed Conventional Bulk / Flow Loans, including Escrow State Loans, to ensure all compliance with State Regulations and internal quality control requirements were met prior to funding the loan
• Responsibilities also included contacting accountable parties to clear stipulations, obtain proper documentation for preparation of loans for sale and compile documents for collateral packages for Warehouse Banks
• The review included: Purchases, Refinances, Pre- Docs, Escrow State Loans, and Investor Loans.

• Performed various positions with several Lenders/ Brokers as a contractor
• Post closing, Shipping, and final audit and working with the secondary market teams.