Al Fleming Email & Phone Number

Addison, Tx

•Analyzed and reconciled proceeds associated with MI certificates once the claim was settled which involved identifying the type of policy (traditional pool policy, specified pool policy, modified pool policy, or secondary market coverage), identifying how the claim was settled (presale, option), calculating deductions related to the settlement and identifying additional expenses associated with the claim.•Responsible for the QC, audit, and oversight of filed mortgage insurance claims along… Show more •Analyzed and reconciled proceeds associated with MI certificates once the claim was settled which involved identifying the type of policy (traditional pool policy, specified pool policy, modified pool policy, or secondary market coverage), identifying how the claim was settled (presale, option), calculating deductions related to the settlement and identifying additional expenses associated with the claim.•Responsible for the QC, audit, and oversight of filed mortgage insurance claims along with rebuttals to investor compensatory fee billings. Duties included ensuring that all claims complied with Fannie Mae requirements and assisting in the reduction of loss exposure. •Completed the final supplemental claim review for all pool claims and submitting the additional supplemental claim if needed.•Other responsibilities included completing monthly follow ups on files related to the pool MI portfolio in order to obtain status of the claim and following up on specific files on a weekly basis as needed to resolve any issues (rescission letters, denial letters, invoice request, etc.)•Analyzed and rebutted investors Compensatory Fees, MI Curtailments and Investor billing for Non-Claimable Advances and Third Party Claims•Reviewed and distributed internal reports such as the Expenses Incurred After the Initial Claim Report, Workflow Control Report, and RMIC Pending Claims Report Show less

Lewisville, Tx

•Organized and managed the escrow & disposition process of an assigned portfolio of Short Sale opportunities. Responsibilities included coordinating all duties and task specific to the closing process of Short Sale properties while working in tandem with the assigned Short Sale Negotiator to ensure a timely closing is accomplished. Position involved managing the reconciliation of sale proceeds and ensuring that the monies received were at or above the approved amounts as set forth in the Short… Show more •Organized and managed the escrow & disposition process of an assigned portfolio of Short Sale opportunities. Responsibilities included coordinating all duties and task specific to the closing process of Short Sale properties while working in tandem with the assigned Short Sale Negotiator to ensure a timely closing is accomplished. Position involved managing the reconciliation of sale proceeds and ensuring that the monies received were at or above the approved amounts as set forth in the Short Sale approval letter. Worked with foreclosure attorneys to postpone the foreclosure sale on properties that were participating in the short sale process.•Other responsibilities included reviewing the HUD-1 as presented by the authorized third party for fees and cost associated with the transaction in order to ensure that the proposed fees were within tolerance of Chase and/or investor guidelines. Position also involved creating the Short Sale approval letter and obtaining approval to proceed with the Short Sale from Mortgage Insurance companies, investors, and internal management. Extensive experience with HAFA short sales.•Secondary duties included reviewing and distributing internal reports related to HAFA and OCC exceptions, SLAs, & Quality Control. Was also chosen to be a part of the departments Equator pilot team which gathered and analyzed reports related to the Equator program in order to make the software more efficient for the personnel in my role. Show less

•Processed both short sale & deed in lieu of foreclosure proceedings on defaulted mortgage debt in a 3rd party servicing environment. Responsibilities included communicating with realtors, attorneys, title & escrow officers, as well as debtors on behalf of our clients in order to negotiate and resolve delinquent 1st and 2nd lien mortgage debt. Position involved reviewing correspondence from responsible parties which included the debtor’s financial documents & credit reports, property sales… Show more •Processed both short sale & deed in lieu of foreclosure proceedings on defaulted mortgage debt in a 3rd party servicing environment. Responsibilities included communicating with realtors, attorneys, title & escrow officers, as well as debtors on behalf of our clients in order to negotiate and resolve delinquent 1st and 2nd lien mortgage debt. Position involved reviewing correspondence from responsible parties which included the debtor’s financial documents & credit reports, property sales comparisons & BPOs, as well as making sure HUD-1 reflects proper information to submit for approval.•Other responsibilities included making sure proper documentation was obtained from responsible parties when debtor tried to qualify or is participating in the HAFA program as well as setting & distributing terms of promissory notes when applicable. Show less