Summary
Overview
Work History
Education
Skills
Training
Timeline
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SAZZED HOSSAIN

Houston,TX

Summary

Professional with mortgage underwriting, credit analysis & diligence, TRID, loss mitigation, consumer lending and banking experience. Furthermore, experience in information technology, business operations and customer service. Well-versed in credit assessment, analyzing income documents, employment verification, tax returns as well as financial and asset information. Working independently with excellent attention to details. Proficient at working in high paced environment on site, hybrid and remote. Strong leadership skills, self starter and always a team player. Analytical professional with strong background in financial modeling and risk management. Skilled in providing financial consultations and solutions for businesses of all sizes. Astute candidate develops new strategies and processes to optimize financial operations.

Overview

25
25
years of professional experience

Work History

Credit Analyst/Underwriting

08.2021 - Current
  • As an underwriter/credit analyst I partner with offshore underwriters
  • Review loan files to ensure the highest quality, compliance, salability for investors from both retail and broker channels
  • Each review entails applying investor and agency guidelines
  • Review QM and Non-QM Jumbo loans, QM Aus, ARM, conventional, FNMA & FHLMC agency loans, HELOC, lease & flip investment loans and more
  • Analyzing every loan file submitted by offshore underwriters for income verification, risk assessment, credit analysis
  • Running compliance, adding & validating exceptions as needed to determine salability
  • As an analyst my responsibilities include but not limited to income verification including wage earner, self-employed, (S-Corp, partnership, sole proprietor), rental income, bank statement, asset depletion and more
  • Furthermore, asset analysis, credit and liability assessment, fraud report review, appraisal review, compliance report analysis
  • Review AUS, investor guidelines and metrics, underwriter submission summary, 1003, 1008, property history report and various other documents relevant to properties (primary, secondary, investment and more), borrowers, lenders to determine salability and diligence
  • Extensive and thorough review of income documents including WVOE, VOE, tax returns including 1040s, 1099, K-1, 1120s, CPA correspondence, profit & loss statements, assets information, (bank statements, RSU, IRA.401 k and more)
  • Validate overall sources of income and cashflow
  • Review accuracy of borrower information, property and asset data
  • Analyzing credit liabilities, outstanding judgement i.e
  • Bankruptcy, foreclosure, deliquesces and any mitigation factors impact credit history
  • Validating borrower’s ability to repay and qualification.

Mortgage Underwriter

Sourcepoint Mortgage
05.2020 - 08.2021
  • Underwriting conventional/conforming/FHA loans for retail, wholesale and direct-to-consumer channels in a time sensitive manner
  • Reviewing each application for accuracy and thoroughness for conditional approval or denial within FNMA, FHLMC, along with lender guidelines for new purchase, refinance and Heloc
  • Authenticate 1003 and 1008 information with diligence
  • Verifying income and employment history, WVOE, tax return (W2, 1099)
  • Verifying liabilities & outstanding debts, asset analysis, review credit & payment history, review fraud report and more
  • Review loans on H20 Legacy platform
  • Assessing loan documents, credit and title documents, appraisal report, AUS findings both DU and LP
  • Furthermore, supporting & managing offshore underwriters, assisting with day-to-day inquiries to perform their duties, providing decision feedback on denial and approval
  • Recommending escalation depending on circumstances
  • Assisting in various underwriting tasks post-closing and funding.

Loss Mitigation Underwriting

  • As a loss mitigation underwriter my primary role is to review FHA partial claims, loan modifications and other retention options
  • Assisting borrowers with repayment options who are impacted by Covid-19
  • Determining borrower qualifications based on mortgage loan history and repayment capacity
  • By utilizing FHA Connection (HUD), loan servicing software MSP/Black Knight, BITB gathering information to review a file thoroughly make the best loss mitigation recommendation for the borrower
  • Using applicable mortgage guidelines, financial and company guidelines to ensure accuracy and diligence in workflow
  • Analyzing DTI, expenses and budget to determine consumer’s ability to repay.

Business underwriting associate

01.2020 - 04.2020
  • Evaluating & auditing client’s qualification for various settlement programs with emphasis on credit analysis
  • Assessing client’s assets and financial information, expenses, income and circumstances that disrupted current situation
  • Using Salesforce, credit report and proprietary financial tools assessing each lead for its qualification for an optimum debt settlement program which entails reviewing current tradelines, details about creditors to be enrolled, income, demographics, DTI and credit utilization
  • Making critical decisions while following company guidelines, evaluating the risks thoroughly prior to making decision for every instance.

Member care digital lending specialist

07.2019 - 12.2019
  • Originating, evaluating and verifying consumer loan applications and credit review
  • Funding, auding and closing each loan with the upmost diligence
  • Validating risk factors for each applicant for various lending options
  • Providing solutions including answering questions regarding credit history, loan products, processing loan requests
  • Audit and fund loans
  • Recommending supplemental products such as GAP, mechanical vehicle warranty, payment protection and more based upon member’s lending and financials objective.

Internet/Indirect/Consumer Loan Processor & Auditor

JSC FEDERAL CREDIT UNION
05.2015 - 09.2018
  • Originating and funding consumer loans through applications submitted through branches, online, IVR and indirect borrowers (dealerships)
  • Recommend lending products based on FICO score, credit history, income, payment history, DTI and more
  • Processing skip-a-payment requests, loan modifications and maintenance
  • Processing consumer loans such as auto, boat, RV, personal, credit card, secured/unsecured and more
  • Auditing loan files for accuracy, evaluating compliance and lending guidelines
  • Analyze credit history
  • Verifying income, analyzing asset information, demographics and more
  • Essentially completing the funding process while maintaining accuracy and diligence
  • Using web-based lending tools such as Merridian Link, Sail, IQQ and Unix based platform to perform all lending and account maintenance duties
  • Cross-selling supplemental products such as GAP, extended warranty, payment protection and more
  • Collaborating with various departments such as collections, accounting, member services, outside vendors to ensure successful workflow while maintaining excellence in customer service.

Systems Administrator

JSCFCU
09.1999 - 05.2015
  • 16+ years of experience in system administration, server maintenance and backup, document control, user support and desktop support on proprietary and web-based financial tools, troubleshooting onsite and remotely to assist users, working with vendors to schedule maintenance as required
  • Generating financial & department reports and statements on weekly, monthly, quarterly and annual basis for financial and asset reporting.

Education

Masters in Business Administration -

University of Phoenix
01.2008

Bachelors in Computer Science -

University of Phoenix
01.2005

Skills

  • Microsoft Office
  • Unix
  • Onbase
  • Meridian (loan processing and funding tool)
  • SAIL
  • FSP (financial/transaction tool)
  • Salesforce
  • Active directory maintenance
  • Microsoft servers
  • Digital banking servers
  • Caliber H20 Legacy
  • BITB
  • Black Knight
  • Clarity
  • Multitasking under minimal or no supervision, thorough and meticulous in data analytics, project implementation Detail oriented and always prioritize communicating efficiently Team player and constantly focused on providing excellence Furthermore briefly (1 year) as business owner I have developed and applied management, payroll, leadership and team building skills Planning and strategy were core part of the business development process
  • Loan Modification
  • Asset Disposition
  • Loss mitigation strategies
  • Repayment Plans
  • Problem-Solving
  • Analytical Thinking
  • Risk Assessments
  • Document Management
  • Due diligence
  • Statement Review
  • Data Interpretation
  • Risk Mitigation
  • Word Processing
  • Credit decisions
  • Data Analysis
  • Credit risk
  • Financial statement analysis
  • Credit analysis
  • Risk Assessment
  • Verbal and written communication
  • Credit Reporting
  • Financial statements expertise
  • Microsoft Excel proficiency
  • Proficient in Clarity & Accuity
  • Loan Documentation
  • Risk mitigation strategies
  • Financial statement review
  • Loan Evaluation
  • Data Compilation
  • Credit Scoring
  • Underwriting
  • Lending regulations
  • Report Analysis

Training

  • B A I courses
  • B S A compliance training
  • Cyber security training

Timeline

Credit Analyst/Underwriting

08.2021 - Current

Mortgage Underwriter

Sourcepoint Mortgage
05.2020 - 08.2021

Business underwriting associate

01.2020 - 04.2020

Member care digital lending specialist

07.2019 - 12.2019

Internet/Indirect/Consumer Loan Processor & Auditor

JSC FEDERAL CREDIT UNION
05.2015 - 09.2018

Systems Administrator

JSCFCU
09.1999 - 05.2015

Loss Mitigation Underwriting

Masters in Business Administration -

University of Phoenix

Bachelors in Computer Science -

University of Phoenix

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