New Member/Employer Registration | Member/Employer Login
Begin Networking With Other Members Now!

Employer? Post Free Jobs Here
    Home | Contact Us | Privacy Statement | Why aFinancialNetwork? | What is Rank?

Featured Jobs (Search All Jobs)
Territory Sales RepresentativePlacement Professionals
Details
Aesthetic Sales RepresentativePlacement Professionals
Details
Territory Sales ManagerPlacement Professionals
Details

Professional Profile of Colleen -- Financial Associate / Administrative Assistant
Join the Member Network Now! | Hiring? Post Free Jobs Now! | Contact Colleen | Search Members | Search Jobs




-Rank-
1.000

-Status-
Please login to view status.

 -Actions-
Endorse Colleen
Contact Colleen

-Profile Views-
902









ITs a network Logo
Title:
Financial Associate / Administrative Assistant

Location:
US-California-Orange County

Work History:
EXPERIENCE

BNC Mortgage/Lehman Brothers 8/28/06 to 7/13/07
SR UNDERWRITER
Underwrite 5 to 9 First Trust Deeds plus and/or piggyback loans per day as supported by submission volumes. Identify and recommend alternative programs and restructure as needed. Apply specialized knowledge of interpretation of regulatory guidelines for all states. High level of attention to detail regarding layers of risk, net tangible benefit and compensating factors. Review, evaluate and investigate data to identify risk issues and potential misrepresentation. Use of secured websites for further validation of submitted information and discovery of undisclosed information relative to ownership of businesses and accuracy of documentation provided in file. Approval authority to $450,000. Review and sign off complex conditions in 10 to 20 loans per day. Provide open communication between operations and sales staff pursuant to guideline/matrix parameters and variance of conditions.

123 LOAN 5/09/05 to 7/31/06
SR UNDERWRITER
Underwrite 7 to 10 loans per day. Loans were predominately Stand Alone Closed End Seconds or Helocs with some First Trust Deeds. Experience with calculating rate changes per index and margin limits on First Trust Deed Promissory Notes. High emphasis on determination of reasonableness of stated income for position and duties of employment, required to be supported by credit and assets. Approval authority to $150,000 on Second Trust Deeds and $500,000 on First Trust Deeds. Review and sign off all conditions, PTD and PTF, in 20 to 30 loans per day. Performed QC audit prior to loan moving forward for docs by re-verifying all loan information, accuracy of fees on estimated HUD with loan information in computer, and completing verbal verification of employment. Mentored account managers in understanding conditions.





NOVASTAR 3/26/03 to 1/31/05
SR UNDERWRITER
Underwrite 6 to 10 First Trust Deeds and/or piggyback loans. Analyze income, credit and title. Review, analyze and evaluate appraisals and collateral value. Make final loan decisions. Determine and document loan conditions. Approval authority to $800,000. Develop and sustain excellent relationships with internal and external associates. Sign off complex conditions and mentored account managers to increase their knowledge of conditions. Mentored and completely trained an employee from QC department into a fully knowledgeable and independent underwriter. Volunteered to assist the post-funding department with audits on-and-off for several months. Attained proficiency at post-funding audit functions and requirements.

ARGENT 3/08/02 to 11/15/02
ACCOUNT MANAGER
Assigned to 3 account executives. Worked with them to facilitate each loan from underwriting through funding. Developed relationships with loan officers and processors at brokers offices. Adept at pricing and locking loans and working with secondary marketing. Able to support account executives to fund 40 – 60 loans per month.

UBS Financial
WIRE MANGER 4/00 TO 2/02
Execute purchase of Stocks, Bonds, Options directly with Wall Street Floor Trader

BROOKSAMERICA 9/01/96 to 1/7/00
UNDERWRITER
A paper underwriter for first and second trust deeds including the 125% LTV product. Underwrote 3 to 4 files per day. Expanded knowledge and understanding of underwriting principals and guidelines.
ACCOUNT MANAGER
In addition to underwriting functioned as an account manager. Worked with underwriters and account executives to collect and sign off conditions and facilitate


Skills:
COLLEEN C SARRIS
39 FULTON IRVINE, CA 92620
949-302-7202 frenchvanilla@cox.net



Objective: To utilize over 10 years professional office experience to permanently transition into the financial services industry where I can expand and grow. To capitalize on prior brokerage experience with UBS to develop more knowledge. To apply my award level of work ethic.

PROFILE
Respected mortgage professional with demonstrated expertise in all areas of mortgage operations. Proficient in manual and automated underwriting, credit and financial analysis, risk management, due-diligence, and prioritizing in a multi-tasking environment. Over 5 years Sr Underwriting experience working with all types of paper including A, Alt-A and subprime. Possess strong Quality Control analytical ability to evaluate and investigate accuracy of file documentation. Adept at restructuring loans as needed to provide minimal risk and optiminal borrower benefit. Additional 4 years of facilitating loans as an account manager. Consistently exhibits strong analytical, interpersonal and verbal/written communication skills and a positive attitude.



Education:
EDUCATION
AA Degree West Los Angeles College
Real Estate Law Saddleback College
Mortgage Loan Underwriting American School of Mortgage Banking
Tax Return Analysis American School of Mortgage Banking


HONORS
Employee of the Year Merrill Lynch Realty
Employee of the Quarter UBS Stockbrokerage
Kudos Award NovaStar
Employee Reward Design Program NovaStar



Top People Endorsing Colleen
Colleen has received 0 endorsements.
click here to view all of the Members endorsing Colleen
  Rank Title Location Details
No endorsements.


Top People Colleen Endorses
Colleen has endorsed 0 Members.
click here to view all of the Members Colleen has endorsed
  Rank Title Location Details
None.


Recent Public Messages sent to Colleen
From
Date
 Message
No public messages.
 
   Home | Contact Us | Privacy Statement | Why aFinancialNetwork?
Copyright © 2001-2012 aFinancialNetwork.com <-- Drag this link to your bookmarks bar.
List of Jobs | List of Profiles/Resumes