tom huder

Review performing loans and non performing loans(as necessary), Seller Adverse Findings. Submit referrals to the Fraud Investigation Unit (FIU) regarding suspected mortgage fraud. Perform on-site reviews. Underwriting of loans sampled for ad-hoc requests. Review appeals to determine if they will be accepted or denied

* Provide technical expertise via evaluation and decisioning of Conventional credit and collateral aspects of loan files. * Review guideline exceptions with external parties to ensure salability of closed loans. * Participate in credit risk conferences to increase knowledge of the current state of the mortgage industry. * Ability to disseminate information to team regarding company initiatives, investor updates, process changes, goal and performance. * Partner with Operations Supervisor to conduct team meetings.

* Underwriting of conforming, non-conforming loans, 5/1 “ARMS”, Interest Only 5/1 “ARMS”, 3/1 “ARMS”, 7/1 “ARMS”, Jumbo, Express, and “piggy-back loans. * Evaluation of credit reports, appraisals, income documentation (tax returns, bank statements, W-2’s, pay stubs etc. * Mentoring of processors with delegated authority levels of desktop underwriting certification. * Underwriting of Texas, Maryland, and New York modification loans.

* Maintain daily 24 hour turn time while underwriting a minimum of six files per day with a $650,000 loan sign off limit for national sub prime mortgage lender. * Complete all files within Option One’s comprehensive mortgage guidelines. * Work daily with credit grading for sub prime borrowers to create best possible loan for each potential customer. * Extensively review appraisals from all over the United States, all income documentation and calculations, title work, and homeowners insurance. * Work directly with Option One’s Automated Underwriting System.

Bayview Asset Management, LLC ("Bayview"​), initially founded in 1993, is an investment management firm focused on all areas of mortgage credit, including whole loans, mortgage backed securities, mortgage servicing rights, and mortgage related equities. Bayview is headquartered in Coral Gables, Florida with approximately 1,800 employees across asset management and loan servicing operations. As of June 30, 2016, Bayview had assets under management of approximately $10.8 billion. Bayview has substantial experience in sourcing, purchasing, servicing, and managing residential and commercial mortgage loans and mortgage-backed securities.Bayview is minority-owned by affiliates of The Blackstone Group, L.P. (NYSE: BX).