Summary
Overview
Work History
Education
Skills
Certification
Affiliations
Timeline
Generic

Rhonda Young

Novi,MI

Summary

Results-driven mortgage professional, offering over 25 years of experience, with the desire to take on new challenges. Proven strong work ethic, adaptability, and exceptional interpersonal skills. Adept at working efficiently in an office or remote environment, meeting deadlines, and producing outstanding work. Detailed-oriented and able to communicate effectively while demonstrating a strong commitment to organizational success.

Overview

10
10
years of professional experience
1
1
Certification

Work History

Conventional Underwriter

Lakeview Loan Servicing
08.2020 - 06.2022
  • .Maintained meticulous attention to detail in underwriting mortgages. Evaluated the financial strength of the borrowers to determine risk and repayment capacity, with a 0% error rate.
  • Reviewed appraisal, environmental, fraud, and other reports to identify risk areas and recommend mitigating solutions and next steps.
  • Utilized strong verbal and written communication skills, to ensure effective communication between Originations, Processing, Relationship Managers, and Closing.
  • Reduced turnaround time for loan decisions by consistently meeting strict deadlines in a high-volume environment.
  • Expedited approval process for qualified loans by conducting thorough risk assessments and verifying borrower's information.
  • Mitigated potential losses by identifying fraud indicators and escalating suspicious cases for further review.

Quality Control Underwriter

American Financial Resources, Inc.
02.2020 - 08.2020
  • Performed due diligence reviews to ensure that loans were of investment quality, underwritten according to investor guidelines, contained no material misrepresentations, and complied with all applicable federal and state laws.
  • Validated borrower's income, debts, assets, undisclosed property ownership, social security number, and credit report.
  • Entered audit results into Aces system and internal logs for tracking and reporting.
  • Performed follow-up on audit outstanding issues.

Underwriter/Analyst

American Mortgage Consultants (AMC)
08.2018 - 02.2020
  • Reviewed and authenticated information that was collected to calculate debt ratio, loan-to-value ratios, credit score, property valuation, and other factors.
  • Performed risk analysis on aged and recently closed loans.
  • Verified data and reported findings in proprietary diligence systems.
  • Improved risk assessment accuracy.

Internal Underwriter/Quality Assurance Specialist

Indecomm Global Services
10.2016 - 07.2018
  • Conducted pre-funding, and post-funding, credit, compliance, and Trid reviews, on mortgage loans to ensure accuracy, compliance, and consistency in decision-making processes.
  • Met daily production requirements of 4 loan reviews per day.
  • Maintained a thorough working knowledge of industry standards and guidelines.
  • Improved risk assessment accuracy by conducting thorough reviews of loan applications and financial documents.

Due Diligence Underwriter

Clayton Holdings
04.2016 - 04.2017
  • Conducted due diligence loan file reviews for conventional, FHA, and VA.
  • Applied all client/lender policies and procedures, in addition to Federal, State, and municipal laws, and regulations.
  • Identified portfolio risks resulting from the client's underlying business practices, underwriting, and/or fraud exposure.
  • Ensured client's objectives were met.

Underwriter Investigations Analyst

United Guaranty Corporation (Contracted by Global Resources)
09.2015 - 03.2016
  • Determined insurability for new insurance written and claims by conducting full investigations and guideline reviews to ensure loans close.
  • Reviewed verifications and the closing package from both a guideline and fraud perspective.
  • Determined compliance with underwriting, legal, regulatory, and Trid requirements.
  • Evaluated the materiality of misrepresentations and severity of discrepancies to ensure that the client's interests were protected.
  • Escalated concerns to management as appropriate; interacted with lenders to provide concierge service.
  • Worked closely with internal and external partners for improved customer service.
  • Prepared both verbal and written communications to customers.

Forensic Underwriter

Stewart Title Guaranty Company (Contracted by Pinpoint Staffing)
09.2014 - 05.2015
  • Reviewed non-performing FHA loan files, performed risk analysis and reported significant loan quality factors, identified deficiencies, and initiated necessary action to mitigate losses.
  • Re-Calculated Income, Assets, LTV, CLTV, and Debt to Income Ratios.
  • Maintained sound knowledge of FHA, LP/DU/Total Scorecard/guidelines, and risk management tools used to decision Mortgage loans.
  • Identified fraud red flags for elevation to the fraud department.

Underwriter II

United Wholesale Mortgage
09.2012 - 09.2014
  • Performed credit reviews on conventional loan files to determine compliance with company and investor guidelines, while maintaining company 1-day turn-time expectations, adhering to all regulatory and compliance requirements, while exceeding daily goals
  • Maintained a 0% error rate, while maintaining company production standards.
  • Assisted mortgage loan brokers with product guidelines, required loan documents, and approval condition changes.
  • Analyzed credit, income, assets, Fannie Mae Desktop Underwriter (DU), Fraud Tools, and all pertinent disclosures to ensure guidelines are met, with accuracy and integrity.
  • Analyzed property appraisal to ensure property was accurately presented.
  • Proven ability to multitask, problem solve proactively, and prioritize workload, with meticulous attention to detail.
  • Responded and helped resolve loan-level issues identified by Quality Control, post-closing, or other internal departments.
  • Developed strong relationships with brokers, through exceptional customer service, and effective communication, leading to a higher volume of quality submissions and successful underwriting.

Education

Some College (No Degree) - Business Management

Schoolcraft College
Livonia, MI

Skills

  • TILA-RESPA Integrated Disclosure (Trid)
  • Computer Skills: Microsoft Office – Word, Excel, Outlook, PowerPoint
  • Mortgage Software: Encompass, Calyx Point
  • Credit Analysis
  • Appraisal Review
  • Risk Assessment
  • Documentation Review
  • Detail Oriented
  • Communication skills
  • Organization and time management
  • Accuracy
  • Compliance

Certification

  • National Mortgage Licensing System (NMLS) #444600 - Current
  • Real Estate Salesperson License - Current
  • Certified Notary Public
  • Bank Secrecy Act / Anti-Money Laundering
  • Fair Lending
  • Mortgage Fraud
  • Compliance Training
  • Diversity in the Workplace


Affiliations

  • National Association of Realtors - Current
  • National Notary Association - Current

Timeline

Conventional Underwriter

Lakeview Loan Servicing
08.2020 - 06.2022

Quality Control Underwriter

American Financial Resources, Inc.
02.2020 - 08.2020

Underwriter/Analyst

American Mortgage Consultants (AMC)
08.2018 - 02.2020

Internal Underwriter/Quality Assurance Specialist

Indecomm Global Services
10.2016 - 07.2018

Due Diligence Underwriter

Clayton Holdings
04.2016 - 04.2017

Underwriter Investigations Analyst

United Guaranty Corporation (Contracted by Global Resources)
09.2015 - 03.2016

Forensic Underwriter

Stewart Title Guaranty Company (Contracted by Pinpoint Staffing)
09.2014 - 05.2015

Underwriter II

United Wholesale Mortgage
09.2012 - 09.2014

Some College (No Degree) - Business Management

Schoolcraft College

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Rhonda Young