Experience

HMBI

• Real Estate
• 1 - 100 Employee

• Mortgagee Compliance Specialist

  • Jan 2007 - Present

  Insure Mortgagees provide timely and accurate guidance to its servicing requirements of conveying insured properties according to the laws and regulations established by HUD. Obtain approval from HUD to initiate action to collect funds owed to HUD by Mortgagees related to their failure to adhere to any of the conveyance requirements. Upon notifying Mortgagee of its responsibility to withdraw its claim, reimburse HUD for all paid claim amounts, daily holding costs, and incurred property expenses. Report all properties to a Held-Off Market status. Upon receipt of reimbursements of funds, issue and record quit claim deed removing property from inventory. Report all actions taken related to tasks performed via the Administrative Remedies Report (ARR) Show less

• Closing Specialist

  • May 2005 - Present

  Execute sale documents-ensure that sales contracts approved by HUD including all required disclosures are used & properly completed and executed. Oversee the closing process-responsible for reviewing & approving HUD-1’s for all closings in Illinois/Indiana. Responsible for handling any emergencies that may arise. Provide HUD’s designated closing agents a delivery order including legible copies of executed sales contract & addendums, title evidence, tax information, & any other documentation deemed necessary; responsible of ensuring all sales within time specified on the closing date of the sales contract; ensure the accuracy of all closing documentation; verify all costs being charged to HUD are accurate. Ensure that sale proceeds are delivered to HUD in a timely manner-review and reconcile each sale no later than seven business days following sale closing, responsible for reconciling total proceeds deposited against sales data on Form HUD-1, Settlement Statement. Show less



Archer Land Title

• Real Estate
• 1 - 100 Employee

• Title Closer

  • Nov 2004 - Jan 2005

  Reviews loan files for completeness of detail. Order mortgage and tax payoffs, schedule closings for sister mortgage company. Responsible for preparation & delivery of Closing Packages including HUD’s, quit claim deeds, survivorship affidavits, etc. Audit loan packages received after closing for accuracy sending executed packages back to lenders during specific time restraints to ensure delivery of documents according to their stacking order checklist. Utilizes Pro Form system for completion of closing documents. Show less