MOHAMMAD ALAM
ALLEN,TX
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Skilled Underwriter/Manager/Leader specializing in Operations/Lending/Compliance offering more than 18 years of experience to underwriting various products catered to FNMA,FHLMC,GNMA(FHA,VA,USDA), DPA Programs(Chenoa,CalHFA, GSFA,CHFA) Jumbo, NON-QM.Portfolio. Highly adept in underwriting moderate to complex policies.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Corporate Underwriter/AVP of Operations
COMMERCE HOME MORTGAGE/CHANGE LENDING
Irving, CA
04.2019 - Current
- Analyzed credit, income, compliance, title documents and appraisals during underwriting process
- Responsible for meeting and exceeding company standards for productivity, quality, and time in process for customer satisfaction
- Determined and Documented loan conditions and communicated requirements and decisions
- Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions, as needed
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Managed purchasing, sales, marketing and customer account operations efficiently.
- Updated and resolved incidents and managed accessorial charges objectively while maximizing profit.
- Trained and guided team members to maintain high productivity and performance metrics.
- Recruited, hired, and trained initial personnel, working to establish key internal functions and outline scope of positions for new organization.
Sr Underwriter
PENNYMAC
Plano, TX
07.2017 - 04.2019
- Manages assigned pipeline; Disposition loans within 24-48 hours of receipt and timely resolves conditions
- Knowledge of product types such as Non-QM/Non-Agency, Purchases, TX 50(a)6, HELOC, VA, Home Ready, Home-possible, USDA, Portfolio.
- Nominated by management to undergo VA Automatic training and underwrite VA Approve/ Eligible files
- Providing aid between both Retail as well as Wholesale channels
- Ranked number 2 for production, and number 1 for QC for the Plano Underwriting site, in Q3 of 2018; Q2, Q3 and Q4 of 2019.
- Work in Consumer Direct as well as Broker Direct Channels.
- Assisted senior executives with final loan closings and underwriting, coordination and submission of high-profile loan conversion packages.
- Oversaw quality control of tax credit financial models involving underwriting integrity and project budgets.
Underwriter 3
Flagstar Bank
Troy, MI
04.2015 - 06.2017
- Examine loan documentation that include reviewing appraisals, credit reports, title reports, & income documentation for accuracy and completeness
- Responsible for meeting and exceeding company standards for productivity, quality, and time in process for customer satisfaction
- Analyzed and approved over 40 loans per month, in areas that included Purchase and Refinances, High
- Balance, Super Conforming, Construction to Permanent, Investment/Properties, Jumbo, Home Possible,
- Home Ready, Non-QM
- Review and clear conditions based on Banks and investor guidelines within a designated timeframe
- Mentored underwriter levels 1 and 2 and assisted them with complex loan files, as needed
- Completed all required compliance training and ensured compliance with applicable federal, state, local laws and regulations along with internal compliance policies and procedures
- Assessed and advised on loan applications utilizing in-depth underwriting process understanding.
Front-line Due Diligence Underwriter
INDECOMM GLOBAL SERVICES
Edison, NJ
07.2010 - 02.2015
- Underwrote all types of conventional loans for wholesale and correspondent submissions to various
- Lending Institutions
- Analyzed credit history, income documentation, loan packages, title reports and property appraisals
- Extensive interpersonal and communication skills to deal effectively with internal and external contacts
- Work with primary vendors to obtain consistent 24 hours or less turn times.
Education
Bachelor of Science - Computer Science, Accounting, Mathematics and Engineering
George Mason University
Fairfax, VA05.2005
Skills
- Detail-oriented
- Debt and credit management
- Customer service-focused
- Income tax professional
- Tech-savvy
- Data Retention
- Customer Satisfaction
- Client Relationships
- Operational Efficiency
- Records Organization and Management
- Content Workflow
- Operations Oversight
- Organizational Structuring
- Finance and Accounting Oversight
- Program Optimization
- Management Training
- Market and Competitor Research
- Hiring and Onboarding
- Improve Performance
- Budget Controls
- Performance Monitoring and Evaluation
- Credit Terms Determination
- Develop Policies
- Manage Operations
- Policy Development and Enforcement
Certification
DE Certified, GUS certified, VA
Certified, DPA/Bond Certified.
Timeline
Corporate Underwriter/AVP of Operations
COMMERCE HOME MORTGAGE/CHANGE LENDING
04.2019 - Current
Sr Underwriter
PENNYMAC
07.2017 - 04.2019
Underwriter 3
Flagstar Bank
04.2015 - 06.2017
Front-line Due Diligence Underwriter
INDECOMM GLOBAL SERVICES
07.2010 - 02.2015
Bachelor of Science - Computer Science, Accounting, Mathematics and Engineering
George Mason University
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