Cathy Hung Email & Phone Number

Seattle, WA, US

• Underwriting commercial loans for new and existing Commercial Real Estate, Construction, Multi-Family and C & I clients.

• Underwrote commercial loans with exposure up to $50 Million for renewal, modification and annual reviews.
• Analyzed cash flow, balance sheet, income statements, and personal/ business tax returns to determine credit worthiness per credit policy.
• Analyzed credit data and financial statements to determine the degree of risk involved in extending credit or lending money.
• Inputted, interpreted and assessed risk rating model output and client data in order to develop a recommendation for approval.

Seattle

• Analyzed Trust Agreements and related documents for administrative purposes.
• Used cash forecasting to determine approximate amount needed in accounts over a period of time based on the account’s needs and trends, working closely with the Investment Officer.

Los Angeles

• Prepared and reviewed loan closing and funding documentation in an accurate and timely manner for a range of SFR 1-4 loan products. (conventional and HELOC Home Equity Line of Credit)
• Maintained 100% passing rate for Pre/Post Fund Quality review.
• Developed draft audit reports by identifying and gathering support for potential issues, ensuring findings are appropriately documented, and recommending value-added solutions.
• Supervised/trained team of loan processors to ensure new mortgage loan package compliance.

Los Angeles

• Managed national portfolio and accountability for turn time. Provided assistance to Business Team when closing transactions within an average range of $100,000 to $10,000,000.
• Reviewed SNDA's, estoppels, tenant leases and abstracts. Audited loan documents to ensure compliance with policy relative to all documentation requirements and servicing procedures.
• Identified current real estate laws in a multi-state environment, to include those applicable to zoning, title, and escrow regulations, and laws relating to borrowing entities (limited partnership, corporations, joint.
• Reviewed loan commitment and noted receipt of any applicable collateral, file, or policy exceptions.

Los Angeles

• Monitored monthly pipeline of 60-80 loans and ensured all closing dates were met.
• Maintained 100% passing rate for Post Fund Quality review.
• Reviewed/approved Settlement Statements (HUD) and loan documents for completeness and accuracy.
• Prepared wire transfer instructions as well as verified loan amounts, fees, rates, discount points, otherloan terms and funding amounts.

Los Angeles

• Successfully exceeded 100% weighted achievement target for each month with top 3 ranking among all closers in the nation for highest QA approvals.
• Reviewed & facilitated the execution of the Settlement Statements (HUD), escrow/title closing documents and deeds to ensure documentation is within legal compliance, JPMorgan Chase and OCC standards.
• Managed a portfolio and monitor scheduled closing reports to affect timely closing.
• Communicated with Asset Managers, Closing Vendors, Escrow/Title companies, and Foreclosure Attorneys regarding status of files in closing under time sensitive conditions to prevent closing delays.

San Gabriel CA

• Verified accuracy and consistency of specifications on documents before delivery to closing agents.
• Maintained open communication with loan officers, borrowers, underwriters, escrow and title to facilitate loan closing from application to completion.
• Examined loan documents to ensure accuracy and compliance with underwriting guidelines.
• Trained and supervised loan processors and also mentor loan officers.

Alhambra CA

• Supervised a team of loan processors to ensure that new mortgage loan packages are processed and completed according to established policies and procedures.
• Analyzed Mortgage lenders’ program rate sheet to decide lock-in day for specific file based on day-to-day market movement.
• Analyzed borrowers’ FICO, income ability and debt history and clarified information.
• Examined documents to ensure accuracy and compliance with FNMA/FHLMC underwriting guidelines.

Arcadia CA

• Reviewed residential loan application file to verify that application data is complete and meets establishment standards.
• Submitted mortgage loan application file for underwriting approval.
• Examined documents to ensure accuracy and compliance with existing underwriting guidelines.
• Maintained open communication with loan officers, borrowers, underwriters, escrow, title and lenders to facilitate loan closing from application to completion.

Bachelor'S Degree, Finance, Minor In Economics

Associate Degree, Business Administration