Price, Dyvonda R Resume 4u
Published on: Mar 4, 2016
Transcripts - Price, Dyvonda R Resume 4u
DYVONDA R PRICE
SUMMARY OF QUALIFICATIONS:
Dedicated and meticulous-oriented Mortgage Banking Professional with an exceptional 28 years background in
developing and leading underwriting departments in Regulatoryand Compliance Procedures regarding Risk
Management and loan origination and Loan Servicing.Structured documentation in workflow solutions and analyzing
documenting in the business requirements for internal and external investors and third parties customers and reports
associated with all aspects ofloan servicing and loan portfolio management and performance.Results-oriented top
performer with an excellent record in a high volume of loss mitigation and loan servicing.Various resolution types
which has resulted in strong leadership in Management,Training,and Business Analystexperience in the mortgage
industry. Proven commitmentto consistentlycommunicate with the appropriate parties to ensure resolution in a timely
Proficientwith MS Office, MS Excel, PowerPoint,Lotus Notes, Clues,Clout,Doc magic,Interact, Envision Omni.
LSAMS, Ecommerce,Sharepoint,CRM, Equator, LexisNexis,SAP, Sales LogixLPS/MSP, Fiserv, CPI, AS400Home
Savers, and Fidelity Systems.
Affordable Home Lending LLC 05/2014-Present
Complete thorough analysis of loan files to determine compliance with company, and investor guidelines.
Communicate loan decisions to appropriate parties both orally and/ or in writing.
Maintain current understanding of all Fannie Mae, Freddie Mac, FHA, DU and LP guidelines and Policies.
Review conditions required byinvestor if need be. Completed closingdocs,preparedfees sheets and closing
Communicate with the Investors and Title Company and Realtors to prepare for closing.
Princeton Information Inc. 05/2013-03/2014
Underwriting QC Analyst Specialist lll
Audit loans to ensure loans meets Freddie Mac, Fannie Mae guidelines.
Analyze credit reports,financial statements,estimated closing cost,evaluate assetand liabilityverification ,
review appraisals and title reports to ensure loan packages meets funding and underwriting guidelines.
Perform risk analysis and made decisions regarding deficiencies identified during the review process, review
transaction components thatindicate a potential for risk and anomalies including butnotlimited to: data
reporting and trending,detailed claim reviews and analysis and escalation to appropriate business unit.
Perform Audits on loans for misrepresentation identified in origination QC audits,EPD, RPPR on Investor
Repurchase Demands and mandated audits.Prepare and assistin resolving repurchase or make-whole
request to lenders.
Reconcile the proceeds Fannie Mae receives after the property liquidates,to ensure thatFannie Mae was
made whole atthe time of sale.If a loss is identified,the Servicer is then provided with the breakdown of the
reconciliation and billed.
Chase Home Loan 07/2011 – 04/2013
Senior Underwriter II
Analyzed financial statements from currentto delinquentloans to determine ifa loan modification was the
mosteffective loss mitigation effortto effectively mitigate risk and/or losses based on issues thatwere
identified and reviewed conclusion in a QA methodology,but not limited to, LTV ratio and delinquency
amounts per investor guidelines,NPVwaterfall methodology,with manual calculations to determine the best
resolution for the borrower.
Implemented and facilitated strategies to review the errors to increase home ownership for MHA and HAMP,
and HARP program for GSE and non-GSE assets.Effectively managed underwriting guidelines for FHA, VA
and USDA mortgages.
Accurately recorded data and reviewed conclusions adhering to Treasuryguidelines,worked closelywith the
REO Departmentfor sales and expense revenue.
Attained strong knowledge ofFNMA, FHLMC loans and the HSSN (Fannie Mae’s Home Savers Solutions
Network) Executed, prepared,and reviewed financial documents and loan liquidation workouts for
underwriting guidelines and productivity to improve accuracy and communications.
DYVONDA R PRICE
Saxon Mortgage Special Servicing – Irving, TX 08/2009 – 04/2011
Underwriting Rep II
Provided Loan Level Analysis including underwriting MHA and HAMP loans.
Negotiations and executions ofshortsales and deeds in lieu offoreclosure.Decisions to charge-offassets,
and Bid decisions for assets taken to foreclosure sale.Marketed and Sold REO properties in the
Redemption states. Strong knowledge ofFNMA, FHLMC loans and HSSN (Fannie Mae’s Home Savers
Coordinated and partnered with other functions within the organizations to mosteffectively mitigate risk
and/or losses (REOdepartmentInsurance,Valuations,outside counsel Hope local presence)
Provided mosteffective mitigate risk and/or losses based on,butnot limited to, LTV ratio, delinquency
amounts,investor guidelines,NPV, Waterfall methodology,borrower interview,current marketconditions,
and modification type on a loan level basis.
Classis Lending Solutions – Richardson, TX 08/2008 – 04/2009
Accurately underwrote and averaged 5 new loan files per day – volume permitted,evaluated complexloan
scenarios,loan applications,inspection reports,and financial reports to asses financial risk,including
Submitted loans through the appropriate AU systems and validate findings.
Responsible for approval or denial of mortgage loans based on the review of information on the loan
documents. Determined whether buyer,property, and loan documents metcompliance and regulatoryrules
and governmentrules.The ability to calculate figures and amounts such as discounts,interestand
percentages,and the ability to apply concepts ofbasic math.
Alethes LLC– Austin, TX 03/2003 – 08/2008
Sr. Underwriting Branch Manager
Underwrote wholesale and retail residential loan documents including:the preliminarycredit package-credit
report, income,assets,appraisal and title work
Responsible for duties ofa wholesale operation with a staffof 15 employees with loan officer, processors,
and underwriters in office.
Worked with City of Dallas and Enterprise Foundation with assisted down payment solutions
Followed up on AUS decision on loan approvals involved in FHA Connection and Fannie Mae. Ordered
appraisals,title work Attended Local and State information classes to regulate upcoming Fannie and Fre ddie
Mac rules and compliance.
Knowledge ofall Mortgage Banking and Broker rules in operating a successful office and adhered to all
parties involved from correspondents to each applicant.
New Millennium Mortgage – Dallas, TX 06/1994 – 03/2003
Provided customer counseling on services of1st time home buyer; pulled creditand offered credit counseling
for derogatory information on creditreport.
Offered assistance when borrower wanted a second opinion on the purchase ofa home. Followed up on
inspections ofneeded repairs,made sure borrower was happywith the purchase oftheir new home.
Supervised a team of 15 mortgage professionals which was in conjunction with mycompanymerging with
References Upon Request