MICHELLE BROWN
TOWNSEND DE 19734
275-1993-Phone
[email protected] SUMMARY Twenty six years of industry related knowledge and experience of Real Estate Sales, Property Management; Mortgage processing, Origination, Underwriting, Credit guidelines, Federal Regulations and compliance, and Managerial skills. EXPERIENCE 2010- 2013 YWCA Newark De
Mortgage Specialist/Financial Empowerment Counselor Provide housing and credit counseling service to mortgage default clients Evaluate clients credit and financial ability to maintain permanent housing Develop action plans to assist in the clients maintaining a budget and giving them the ability to re- establish credit Knowledgeable of all Federal and State housing regulations, mortgage programs, modification programs and guidelines, Fair housing, RESPA, Foreclosure and Mediation process. Process HAMP, MHA, and in house modifications according to FNMA, Freddie Mac and Mortgage Company guidelines. Develop new partnerships with external leads to increase the number of new clients Knowledgeable of HCO, Hope loan Portal, Excel, Mitas, and Lexis Nexis Attend Mediation and negotiate modifications on behalf of default clients 2009- 2010 Bank of America Wilmington, De Home Service Specialist/Underwriter Responsible for providing efficient, timely, consistent and accurate quality loans Underwrite loans according to company and investor guidelines and procedures Assist in problem solving on loan files and respond to internal and external quality control audit findings Efficient in DU, LPS, AWD, Calyx Experience in FHA, FNMA, Freddie, VA, MHA loans Designated signing authority 12/99-present New Castle County Board of Realtors Newark, De Real Estate Agent Licensed to sell real estate in the State of Delaware Work closely with attorneys, title companies, inspectors, and mortgage brokers to assure closings in a timely manner. Knowledgeable of grants and government assistance programs. Specialize in HUD and foreclosures. Experience in Commercial sales, Rentals and Property Management. Received several awards annually for top sale performance in volume and commissions earned. 02/98-11/99 American Residential Mortgage Newark, De
Mortgage Loan Processor Loan processing for conforming and nonconforming lending. Experience in FHA and Conventional loans Clear underwriting conditions and set up closings. Communicate with outside lenders to assure loan closings Use desk top underwriting for qualifications of loans Prepare loan documentation to support financial statement analysis and collateral verifications. 4/97-2/98 Banc One Financial New Castle, De Real Estate Sales Specialist/Credit Analyst Originate Real Estate loans Solicitation of internal and external leads Prepare high quality applications in compliance with Company and State guidelines Identify prospective clients and process applications Analyze all loan documentation to detect, incomplete, insufficient and questionable information Identify the clients ability to repay, profitability and future for our companies programs Lending authority up to 450k through manual underwriting guidelines
