Nancy Sommers
Mortgage Underwriter
Ardsley,NY
Summary
Experienced professional focused on meeting or exceeding objectives seeking Senior Mortgage Underwriter position. Offers advanced training and knowledge of industry best practices. Recognized for leadership, planning abilities and clear, direct communication style.
Overview
29
29
years of professional experience
Work History
Senior Underwriter
LUXURY MORTGAGE CORP
Stamford, CT
10.2009 - Current
- Performs a thorough analysis of credit, income, assets and collateral to ensure the quality of each loan and to determine compliance with Company and Investor guidelines for agency and non-agency mortgage files
- Strong and clear verbal and written communication skills with processors
- Adhere to compliance procedures and internal/operational risk controls in accordance with all applicable regulatory agency standards
- Identifiy risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies
- Resolves and responds to post closing credit exceptions received from investors and auditors when required on loans underwritten
Senior Underwriter
PROSPECT MORGAGE, LLC
Paramus, NJ
10.1999 - 09.2009
- Responsible for analyzing credit documents, collateral, legal documents and compliance papers for 1-4 family residential homes in order to render an informed decision for Fannie Mae, Freddie Mac and FHA mortgage paper
- Coordinate and facilitate Product Training classes for Loan Officers
Underwriter
CITYSCAPE CORP
Elmsford, NY
10.1992 - 11.1998
- Underwrote mortgage loans for both Correspondent and Retail Departments for a generally subprime lender
- Some conforming experience
- Delegated work to processors and closers
Education
Bachelor of Arts - Psychology
State University College of New York
DESIGNATION - undefined
Capstone Institute of Mortgage Finance
FHA Direct Endorsement Underwriter
Skills
- Analysis and Evaluation
- Analyzing Data
Timeline
Senior Underwriter
LUXURY MORTGAGE CORP
10.2009 - Current
Senior Underwriter
PROSPECT MORGAGE, LLC
10.1999 - 09.2009
Underwriter
CITYSCAPE CORP
10.1992 - 11.1998
Bachelor of Arts - Psychology
State University College of New York
DESIGNATION - undefined
Capstone Institute of Mortgage Finance
FHA Direct Endorsement Underwriter
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