Anthony Maresca Email & Phone Number

United States

Primary responsibilities include coordinating with Secondary Marketing / Capital Markets and Loss Mitigation Director on defective loan repurchases (Scratch & Dent) that were rendered unsalable or uninsured. Duties involve bid tape preparation, loan preparation for future resale to highest bidder, loan defect cure remediation upon receiving investor due diligence review results and maintaining Excel Master Retained and Sold reports for Senior management. Additional duties include coordinating the sales process with various investors from the initial loan delivery stage to successful settlement of the loan to remove trapped cash from company portfolio. Act as a collaborative partner and liaison between all mortgage business channels, Investor and internal departments with the ultimate goal to minimize our losses seeking the best possible solution whether it’s refinancing the borrower, REO sale, foreclosure or negotiation settlement.

United States

One of the first associates hired and played a key role in organizing the fraud department for the newly formed Non-Banking Consumer Lending division coordinating with Director of Operations until pilot went live. Assist in developing department flow process, created fraud & risk training procedures while working closely with IT Development Team to facilitate system process improvements. Responsible for training new hire Fraud Analyst and engaged in daily production and fraudulent loan reporting. Other essential duties include review and investigate all internet generated accounts posing potential threats to the company, assessing both fraud and risk. Conduct fraud analysis using advanced methods of aggregated data provided by the company, or other sources of data. Make real time / on-line decisions through risk systems justifying all recommendations. Consistently achieve production goals while maintaining quality and superior customer service.

United States

Analyze, audit selected post fund and pre-fund mortgage loans for on-line lender on a monthly basis to ensure loans adhere to company and investor underwriting guidelines. Perform re-verifications on all suspicious documentation to determine accuracy and assure no fraud is present. Review and analyze for correctness of documentation to ensure within compliance with all company and investor policies and guidelines. Research defects to categorize as valid or invalid while offering recommendations. Prepare summary of reviewed loans, documents trends in database and provide valid feedback and communicate defect notices to department, branch and corporate level. Participate with analysis of monthly Audit Findings report as well as handling impaired assets request from Fannie Mae, Freddie Mac and various MI agencies on a monthly basis. Attend meetings and provide feedback for improvements to Team Lead and Managers.

United States

Hold full accountability for analyzing current and delinquent wholesale post and pre-fund mortgage loans to determine risk factors, accuracy, loan quality, identify mortgage fraud trends, underwriting deficiencies and potential risk issues among brokers, third-party appraisers, attorneys, title and closing agents. Determine if loans meet company and investor underwriting guidelines; re-underwrite files to emphasize fraud discovery if applicable. Offer recommendations to asset management regarding risk, process improvements and possible suspensions of brokers or third-party entities. Assist with loan recovery process, loss mitigation, broker portfolio reviews, mortgage insurance reviews/claims, identity theft and consumer complaints. Coordinate with legal personnel, outside counsel, law enforcement and regulatory agencies to support litigation efforts on fraud cases. Make full use of automated tools, internet sites and fraud detection databases available to support findings. Generate, distribute and maintain detailed reports on a daily basis. Hired as Risk Mitigation Analyst II and promoted to Analyst III in only 10 months – 08/03’.

United States

Analyze, audit and re-underwrite random selected sample of wholesale / retail mortgage and home equity loans on a monthly basis to ensure loans adhere to association and investor underwriting guidelines, policy procedures, compliance, state and federal regulatory requirements. Perform re-verifications on all suspicious documentation in loan files to determine accuracy. Conduct investigations to identify, confirm or document the existence of potential fraud. Prepare summary of reviewed loans, document trends in database and distribute reports to all applicable parties. Promoted to Senior Underwriter - 04/98’.