sandy schechter

* Researched and analyzed statutes, regulations and case law pertaining to personal property taxes in multiple states. Defend GE Capital Americas tax position while pursuing complex property tax refunds. * Audit current tax filings to assure accuracy and compliance with local reporting guidelines. * Prepare the documentation necessary to comply with the requirements of the local refund statutes. * Establish effective relationships with local tax experts to aid in the resolution of outstanding refunds. * Participate in testing to insure compliance with Sarbanes-Oxley Act of 2002. * Create and maintain Support Central databases.

Analyzed credit reports, payment histories, title policies, appraisals, tax returns and documentation pertaining to forbearance agreements and bankruptcies to assess risk, determine credit grade and assign mortgage rate. Reviewed packages containing the mortgage, note, HUD-1, GFE, title, appraisal and disclosures prior to closing to assure documentation is accurate and in compliance with federal and state regulations. Recruited by Senior Management to research over 400 rejected mortgages from investor due- diligence reviews. Reviewed and issued approvals of complex loan packages up to $500K.

* Analyzed complex filing renditions and provided support for the property tax management team. Successfully and accurately filed GE Capital Americas property tax renditions on schedule. * Interfaced with Customer Service, Operations, and Asset Management regarding property tax compliance matters. * Worked in a team environment within strict deadlines to ensure the accurate filing of property tax renditions. * Lead a special project, which entailed the creation of 95 amended returns in 53 jurisdictions.

* Purchased non-conforming residential mortgages from lenders based in 44 states * Reviewed mortgage documentation prior to purchase to assure compliance with RESPA and state guidelines * Audited title commitments to confirm a valid lien position

Managed a small team of professionals in the timely and accurate disbursement of current and delinquent real estate taxes. $100M portfolio encompassed 5,100 properties located in 40 states. Established a policy and procedure manual and standardized the property tax approval process which resulted in reduced preparation to approval time from five to two days. Interfaced with in-house attorneys and tax office personnel to research local tax laws, violations and property tax delinquencies. Developed a property tax database which included real-time interface links to the mortgage servicing system regarding payment status, property value and escrow balance information. Newly created system reduced property tax penalties and potential tax deed foreclosures.

* Perform credit analysis on full income, stated income and partial income verification 1st & 2nd non-conforming mortgages according to company policy * Restructure loans to maximize benefit to the borrower. Prepare list of conditions that are required to be met prior to closing. Develop alternate means to satisfy conditions when necessary * Review preliminary title policies to assure a clear lien position. Request additional documentation when deemed necessary * Ascertain if the value of the subject property is supported by appraisal received. Investigate prior sales of subject property and other properties in the market area using various websites. Order outside appraisal reviews when warranted * Audit closed loan packages from specific mortgage brokers or from borrower's with first payment defaults * Authorized to approve loans up to $500K

* Investigated and analyzed financial statements and credit reports submitted by wholesale lenders to interpret financial stability and assess credit risk. * Provided project support to the Operations Manager in the creation of disclosure and closing packages for 42 states. * Conducted due diligence reviews of banker portfolios for bulk acquisitions. * Received recommendation from Mortgage Underwriting Manager for contributions in the area of legal documentation and underwriting procedures.

* Coordinated the timely payment of property taxes and analyzed escrow accounts utilizing Fidelity/MSP software. * Lead a project that enabled the company to close mortgages with real estate tax escrow. * Researched and hired legal counsel to provide the software and disclosures required to maintain regulatory compliance. * Conducted training sessions for 80 mortgage underwriters, processors & sales consultants in the origination of mortgages with escrow accounts.

* Manage internal risk processes for the commercial real estate portfolio. Provide operational assistance to a global team of asset managers including training and analytic support. Participate in quarterly portfolio reviews with GE Capital to evaluate periodic risk rating changes. * Assure the accuracy of Probability of Default/Loss Given Default (PD/LGD) rating by analyzing key metrics from source data (i.e. debt service coverage, loan to value, net operating income, cash on cash). * Support complex Excel model targeted at assessing capital requirements for equity portfolio. * Maintain training documentation and standard operating procedures and support internal audit reviews. * Collaborate with IT team to validate and approve quarterly system updates. * Create quarterly commercial real estate portfolio reports for senior management review.

Study for Paralegal Certification"]

Work towards Economics degree and a minor in Business Administration"]