Tolu Adebanjo
Little Elm,TX
Summary
Loss Mitigation Specialist proficient in advising borrowers during foreclosure risk. Astute and insightful with effective communication and skill for advising customers in loss mitigation solutions.
Overview
9
9
years of professional experience
Work History
Loss Mitigation Analyst
Amerisave Mortgage
Plano, TX
08.2020 - Current
- Evaluated pay stubs, credit history, tax information and bank statements for financial status.
- Explained legal aspects of loan to borrower, as well as payment terms and clauses.
- Collaborated with and facilitated communications between borrowers and lenders to obtain ideal loans for home purchases.
- Assessed clients' financial data to determine loan suitability.
- Remained updated with latest information related to mortgage products and services being offered.
- Analyzed credit, income, compliance, title documents and appraisals during underwriting process.
- Controlled loss by assessing risk, conducting system analysis and recommending policy solutions.
- Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
- Reached out to borrowers to discuss current status and loan workout options.
Senior Loss Mitigation Underwriter
Capital One, N.A
Plano, TX
02.2018 - 02.2019
- Evaluated pay stubs, credit history, tax information and bank statements for financial status.
- Assessed clients' financial data to determine loan suitability.
- Analyzed credit, income, compliance, title documents and appraisals during underwriting process.
- Discussed property liquidation options with customers.
- Reached out to borrowers to discuss current status and loan workout options.
- Collaborated with and facilitated communications between borrowers and lenders to obtain ideal loans for home purchases.
- Explained legal aspects of loan to borrower, as well as payment terms and clauses.
Bankruptcy Attorney Liaison
JPMorgan Chase
Lewisville, TX
06.2015 - 07.2017
- Filed documents with bankruptcy courts within expected timeframes to prevent delays.
- Appropriately followed up with attorneys and bankruptcy trustees to avoid bankruptcy delinquencies.
- Collaborated with attorneys and other legal personnel on bankruptcy documentation reviews, making necessary corrections.
- Answered telephone calls and email messages within [Number]-hour period.
- Developed professional relationships with bankruptcy attorneys, trustees, other legal counsel and bankruptcy court personnel.
Loss Mitigation Underwriter
Bank Of America
Richardson, TX
07.2011 - 05.2015
- Remained updated with latest information related to mortgage products and services being offered.
- Analyzed credit, income, compliance, title documents and appraisals during underwriting process.
- Evaluated pay stubs, credit history, tax information and bank statements for financial status.
- Explained legal aspects of loan to borrower, as well as payment terms and clauses.
- Assessed clients' financial data to determine loan suitability.
- Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
- Reached out to borrowers to discuss current status and loan workout options.
Education
Bachelor of Arts - Law
Lagos State University
Lagos, Nigeria12.2000
Skills
- Loan Repayment Planning
- Customer Feedback
- Settlement Agreements
- Customer Proposals
Timeline
Loss Mitigation Analyst
Amerisave Mortgage
08.2020 - Current
Senior Loss Mitigation Underwriter
Capital One, N.A
02.2018 - 02.2019
Bankruptcy Attorney Liaison
JPMorgan Chase
06.2015 - 07.2017
Loss Mitigation Underwriter
Bank Of America
07.2011 - 05.2015
Bachelor of Arts - Law
Lagos State University