Experience

American Mortgage Consultants, Inc.

• United States
• Financial Services
• 100 - 200 Employee

• Due Diligence, Offensive and Defensive Put-Backs, Loss Mitigation

  • Nov 2012 - Present



KAB Mortgage Consulting

• Independant Contractor

  • 2001 - Present

  Consultant to several banks and servicers including Washington Mutual, JP Morgan Chase, and Fannie Mae. Industry expert focusing on the immediate needs of the clients including collateral reviews, underwriting, loan servicing, loan acquisition and loan sales. • Responsible for reviewing offensive and defensive loan reviews for Repurchases. • Audited post-closed loans to ensure they meet state requirements for pre-payment penalties, collateral requirements and predatory lending and high cost issues for loan sales. • Responsible for direct due diligence reporting for various servicers within the investment portfolio of Fannie Mae. • Identifying gaps, trends areas of potential exposure via reporting tools/scrubbing data and batch loan analysis. • Recommendation of additional workout scrutiny as well as reinforcement of prior workout approvals for servicer. • Analyzed investor reports, delinquency controls, and bankruptcy and foreclosure processes to ensure compliance according to investor guidelines. • Provided recommendations in loss mitigation strategies based on loan criteria and client requirements. • Audited post-closed loans to ensure they meet state requirements for pre-payment penalties, collateral requirements and predatory lending and high cost issues. • Communicated with brokers, loan consultants and customers to obtain required documentation needed to move the loan to closing. • Worked closely with Loan Officer, Closer and Funder to ensure all conditions were meet and loan funded per monthly goals. QC’d newly funded loans to ensure each loan conformed to product parameters. • Evaluated applicant eligibility by analyzing income, credit and liabilities • Served as default loan counselor and loss mitigation specialist managing prime, sub-prime, conventional, and Government loans. Show less



PNC

• United States
• Financial Services
• 700 & Above Employee

• Loss Mitigation Negotiator III FNMA

  • May 2012 - Nov 2012

  • Review investor guidelines to ensure we service the loan in accordance with the guidelines to safeguard a successful, risk free workout alternative provided to the borrower. • Managed a pipeline of loans in all stages of review, trials and completed modifications to ensure attainment of service level agreement. • Confirmed accuracy on financials by reviewing income and expenses. Assess borrower’s qualification in order to keep their homes or minimize the losses. • Work with borrowers to remedy their financial hardship by revising the terms of their loans in order to maximize the chance for homeownership retention. • Interpret the most complex documents and requests against investor guidelines. Show less



Ocwen Financial Corporation - US

• United States
• Financial Services
• 700 & Above Employee

• Losss Mitigation/ Loan Resolution Consultant

  • 1995 - 2001

  • Managed a portfolio of approximately 330 non-performing assets value in excess of $30 million. • Developed and implemented recovery strategies including loan modification, forbearance, assumption, deed-in-lieu, foreclosure, settlement or note/mortgage sale to facilitate asset resolution. • Determined debtor ability to pay based on credit history and financial status. • Evaluated settlement proposals utilizing present value analysis. • Negotiate commissions with realtors, mortgage brokers, and settlement amounts to junior lien holders. Show less