Walt Lundgren
Clinton,MS
Summary
Reliable goal oriented individual demonstrating a high level of ownership and initiative. Possessing exceptional work ethic and desire to go above and beyond to exceed company expectations. Offering knack for building productive working relationships. Successful in fast-paced, deadline-driven environments to manage goals and team development. History of thriving in team-oriented environments.
Overview
13
13
years of professional experience
Work History
Field REO Manager
Shellpoint Mortgage Servicing
Jackson , MS Remote
03.2020 - 03.2024
- Managed a revolving inventory of foreclosed single family homes, while utilizing business practices to balance inventory age with appropriate home pricing. Marketed company owned REO properties which included placing signage and advertisements to market homes in the Louisiana and Mississippi area. Communicated sales process with potential new homeowners and investors this included working with a licensed loan originator to communicate financing information and meeting with customers to to complete closings in compliance with TRID and CFPB regulations. Developed and maintained vendor relationships for repairs and maintenance on company owned foreclosed properties this included setting up initial paperwork for vendors . Inspected and approved vendor repairs to completion if applicable. Provided inspection photos and applicable invoices and paperwork to home office to insure timely payment for REO repair work. Monitored future properties and maintained status of evictions on Real Estate Owned properties with legal counsel. Assisted legal counsel with REO evictions. Completed timely inspections on company owned properties.
Field REO Manager/Licensed Mortgage Loan Originator
Ditech Financial LLC
Jackson Metropolitan Area, MS
01.2016 - 02.2020
- Managed a portfolio of real estate Owned properties in the Greater Jackson Area, that included Mississippi and Louisiana. Collected loan related information for our in-house underwriting department. Prepared and explained closing procedures to potential homeowners and investors. Conducted property appraisals on acquisition & portfolio properties by locating comparable properties, while working closely with attorneys and senior management to swiftly and economically bring non-performing mortgage assets into REO inventory. Located and hired vendors for rehab on real estate owned properties.
- Coached, mentored and trained team members on financing guidelines based on CFPB regulations for prompt submittal of applications to underwriting.
- Maintained mortgage loan originator licenses for the states of Florida, Tennessee, Arkansas, Louisiana, Georgia, and Alabama and Mississippi. This include completing yearly continuing education requirements and meeting all state and federal compliance regulations.
Field REO Manager/Licensed Mortgage Loan Originator
Green Tree Servicing (now Ditech Financial LLC)
Greater Jackson Area, MS
11.2012 - 01.2016
- Managed a mortgage portfolio of REO properties in the Greater Jackson Area, that included Cental and Eastern Mississippi. Conducted application interviews with prospective buyers and applicants and I communicated credit decisions to applicants. Prepared and explained closing procedures for home purchasing. Conducted property appraisals on acquisition & portfolio properties, while working closely with attorneys and senior management to swiftly and economically bring non-performing mortgage assets into REO inventory through foreclosure or deed in lieu of foreclosure.
Portfolio Manager/Licensed Mortgage Originator
Walter Investment Management Corp
Greater Jackson Area, MS
01.2011 - 01.2012
- Managed a mortgage portfolio that exceeded 20 million dollars. Negotiated payment arrangements and preempt future delinquency. Collected information and loan origination, while determining credit worthiness for underwriter. Conducted property appraisals on acquisition & portfolio properties. Prepared and explained closing procedures for purchasing home.
Education
Bachelor of Science - Business Administration
University of Southern Mississippi
Hattiesburg, MS12-2006
Skills
- Team Player
- Operations
- Vendor Management
- Month-End Closing
- Continuous Improvement
- Negotiation Skills
References
References available upon request.
Timeline
Field REO Manager
Shellpoint Mortgage Servicing
03.2020 - 03.2024
Field REO Manager/Licensed Mortgage Loan Originator
Ditech Financial LLC
01.2016 - 02.2020
Field REO Manager/Licensed Mortgage Loan Originator
Green Tree Servicing (now Ditech Financial LLC)
11.2012 - 01.2016
Portfolio Manager/Licensed Mortgage Originator
Walter Investment Management Corp
01.2011 - 01.2012
Bachelor of Science - Business Administration
University of Southern Mississippi
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