Summary
Overview
Work History
Education
Skills
Timeline
Generic

Stefanie Rushnock

Wayne,NJ

Summary

A team player with excellent result driven management skills. Capable of rapid orientation and open to company training in new areas. Experienced in regulatory requirements and required disclosures. Extensive knowledge of processing, underwriting and closing procedures. Full understanding of Mortgage Risk and importance of Quality of Mortgage. Ability to interact effectively within a diverse organization and have excellent teamwork and interpersonal skills. Strong organizational skills and the ability to adapt to ongoing changes in the mortgage lending industry. Possess strong analytical skills, business comprehension, and proven problem solving . Work effectively and efficiently in a fast paced environment. Routinely maintain a friendly and professional demeanor with both internal and external agents. Proficient in using independent decision-making skills and sound judgment to positively impact company success.

Overview

35
35
years of professional experience

Work History

Mortgage Loan Officr

Valley National Bank
Wayne, NJ
06.2017 - Current
  • Facilitated loan origination process, ensuring compliance with regulatory requirements and internal policies.
  • Evaluated borrower creditworthiness through detailed financial analysis and risk assessment.
  • Developed and maintained relationships with real estate agents to generate new business opportunities.
  • Streamlined loan processing procedures, enhancing operational efficiency and reducing turnaround times.
  • Expert in navigating through Mortgage Origination Platforms/Systems. e.g. Encompass LOS, nCino Mortgage Solutions (formerly known as SimpleNexus) Salesforce

AVP & Senior Mortgage Underwriter

Hudson City Savings Bank
NJ
01.2005 - 01.2016
  • Analyze personal & business tax returns, credit reports, alternate credit & income producing assets to determine creditworthiness of loan applicants. Make credit decisions for all Loan from $600k to $3million requiring Senior Management Review and approval.
  • Signing Authority for Loan amounts up to $3million resulting in successful yearly closings of $1.7 billion in Residential Mortgages.
  • Senior Underwriter responsible for the staff of Portfolio Underwriters with a high concentration in Jumbo Loans. Provide Regulatory and Underwriting Guideline assistance to NJ, NY, Conn, Pa and Ma Account Executives who collectively service over 350 Mortgage Brokers, as well as provide assistance to Retail LO’s.
  • Maintain high level of inter-departmental training to keep staff up to date with UWG, RESPA 2010, Dodd Frank, Fair Lending, HMDA, ATR/QM, TRID and CRA requirements.
  • Serve as an intermediary for loan issues as well as provide guidance with loan scenarios to Loan Originators in Retail Marketplace & Account Executives in the Wholesale arena.

Auditor

Hudson City Savings Bank
NJ
01.1999 - 01.2005
  • Served as Staff Auditor for Largest Savings Bank in New Jersey by conducting both Departmental and Branch Audits.
  • Re-wrote Audit Programs, analyzed Departmental Policies and Procedures and Risk Management Controls in place.
  • Assisted with the assessment and management of business and risk by making recommendations on improving internal controls and provided audit exception solutions. Prepared and presented reports to Audit Committee.

REO Specialist

Hudson City Savings Bank
NJ
01.1991 - 01.1999
  • Managed Bank owned Properties after Sheriff Sale or Deed in Lieu of Foreclosure.
  • Arranged for Winterizing, Clean-outs and Spruce-up.
  • Obtained CMA/BPO to determine Marketable Value before listing.
  • Paid Maintenance and Utilities expenses for ORE properties owned.
  • Prepared and presented weekly REO reports for Executive Committee Review including but not limited to Loss Reserve Calculation.
  • Review of Contract of Sale and negotiations with potential buyers collected rents and dealings with tenants.
  • Eviction proceedings, Radon remediation, Home Inspection resolutions, Permits and C.O. inspections.

Education

Bachelor of Science -

St Peters
Jersey City, NJ
06-1980

Skills

  • Goal oriented
  • Loan origination
  • Residential mortgage lending regulations
  • Client account management
  • Financial analysis
  • Sales development
  • Licensed mortgage loan originator
  • Regulatory compliance
  • Document review
  • Data interpretation
  • Closing coordination
  • Underwriting
  • Desktop underwriter expert
  • Loan application Management
  • Credit evaluation
  • Analytical and critical thinking
  • Decision-making
  • Income evaluation
  • Automated underwriting system (AUS)

Timeline

Mortgage Loan Officr

Valley National Bank
06.2017 - Current

AVP & Senior Mortgage Underwriter

Hudson City Savings Bank
01.2005 - 01.2016

Auditor

Hudson City Savings Bank
01.1999 - 01.2005

REO Specialist

Hudson City Savings Bank
01.1991 - 01.1999

Bachelor of Science -

St Peters