Nancy Dehlic
Mount Prospect,IL
Summary
Adept Mortgage Underwriter with a proven track record at SitusAMC and HSBC, enhancing loan processing efficiency and minimizing risk through expert application analysis and comprehensive documentation review. Skilled in navigating residential mortgage regulations and mentoring teams, I excel in organizational and multitasking abilities, significantly improving portfolio performance and customer retention. Focused on mitigating company risks while meeting profit goals by making strategic decisions based on sound criteria as skilled Single Point of Contact. Successful in leading underwriting teams and training junior staff to handle high workload with impeccable accuracy. Proven expertise in identifying unacceptable risk and preventing fraud.
Overview
23
23
years of professional experience
Work History
Mortgage Underwriter
SitusAMC
01.2017 - 07.2022
- Approved or denied loans based on established criteria and underwriting guidelines.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Supported the loan origination team by providing expert knowledge and guidance on complex underwriting scenarios, enabling well-informed decisions in challenging cases.
- Verified integrity of applicants' information to minimize fraud.
- Enhanced risk assessment accuracy by conducting thorough reviews of credit reports, employment history, and income verification documents.
Loss Mitigation Underwriter
HSBC
11.1999 - 06.2015
- Enhanced customer retention through proactive communication and negotiation of alternative payment plans.
- Enhanced team morale by fostering open communication channels amongst colleagues and providing mentorship to junior underwriters.
- Reduced loan delinquencies by implementing effective loss mitigation strategies and solutions.
- Monitored portfolio performance trends to identify potential areas of risk or improvement opportunities within the loss mitigation process.
- Spearheaded process improvement initiatives within the Loss Mitigation department, resulting in increased efficiency and effectiveness of workflows.
- Negotiated short sales and deed-in-lieu agreements for efficient resolution of distressed properties.
- Reviewed and analyzed complex borrower financial situations, determining appropriate workout options based on individual circumstances.
- Managed a portfolio of delinquent loans, effectively prioritizing cases to maximize efficiency and impact on recovery efforts.
Education
No Degree - Real Estate Broker- 60 Credit Hours- Illinois
Oakton Community College
Des Plaines, IL12.2012
Skills
- Documentation Review
- Underwriting guidelines
- Residential mortgage lending regulations
- Application Analysis
- FNMA Guidelines
- Debt-to-Income Ratios
- Jumbo and Super Jumbo Loans
- Credit analysis
- NMLS Registration
- Loan Portfolio Monitoring
- Organizational Skills
- Multitasking Abilities
Timeline
Mortgage Underwriter
SitusAMC
01.2017 - 07.2022
Loss Mitigation Underwriter
HSBC
11.1999 - 06.2015
No Degree - Real Estate Broker- 60 Credit Hours- Illinois
Oakton Community College
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