ellen mcgrew

* Analyzed borrowers financial information to determine the best loss mitigation options that would cure the borrower delinquency. * Decision loans in accordance to the FHA waterfall * Reviewed loan documentation for completeness. * Communicate the customer’s current status to the Customer Relationship Manager and inform them the next steps needed in order to process and provide home retention options. * Complete daily tasks and duties with the ability to follow and execute policies, procedures and protocol for loan processing.

* Loss Mitigation Department/Short Sale and Deed-In-Lieu Processor * Set up all short sales and deed-in-lieu financial packages * Ordered and examined appraisals, titles and credit reports. Worked with agents, attorneys and borrowers to complete missing documents. * Examined and completed all documents from borrowers including financial and employment verification. * Documented all information on the Bank’s Mainframe

* Loss Mitigation Department/Short Sale and Deed-In-Lieu Processor * Set up all short sales and deed-in-lieu financial packages for second loans and worked closely with negotiators * Ordered and examined appraisals, titles and credit reports. Worked with agents, attorneys and borrowers to complete missing documents. * Examined and completed all documents from borrowers including financial and employment verification. * Documented all information in the Bank’s Mainframe

Prepared closing packages for investors purchasing loans Responsible for compliance of loan closing packages with specifications for conventional mortgages (Freddie Mac) and Government Loans (Fannie Mae, GNMA, FHA and VA) for investors

* Saxton Mortgage Inc. /Morgan Stanley * Responsible for: * · Loan verification * · Ensuring State and Federal Compliance * · Initiating payoff’s for current and installment loans * · Ordering and subsequent examination and validation of appraisals and title insurance * · Creating packages for underwriting approval

* On-site Client Liaison for Saxon Mortgage, Inc, Richmond, VA * Responsible for Mortgage Information Services’ largest client, Saxon Mortgage * Researched and resolved all matters that arose during the title clearing process * Prepared affidavits and ordered deeds * Obtained releases and payoffs on mortgages and judgments * Cleared vesting and title issues with state regulations * Obtained updated real estate tax information and redemption figures

* Responsible for building and maintaining excellent client relationships * Reviewed and evaluated status reports to insure error free reporting * Developed training material and trained new employees

Compliance risk management expert providing federal regulatory interpretation and partnering with business to ensure adequate processes and procedures are in place to effectively monitor and manage compliance risk. Provided support to assigned areas on compliance related issues, including documentation and form review for compliance with applicable regulations.

Took Several Courses: Principles of Real Estate, Principles of Accounting, Computer Concepts