Christopher Chang Email & Phone Number

Cesc

Responsible for examining and underwriting loans to ensure soundness, accuracy, business valueAnd compliance with the standards of the leader Bank with the purpose to provide a rebuttal response with supporting documentation. This involves evaluating debt ratio, loan to value ratios, credit score, property valuation, analysis of closing documents (RESPA, GFE, TIL, HUD-1, 1003, Title Policy, etc.) and various other factors that including risk issues and potential fraud.

Florida

Dallas,Tx

Responsible for directing a team of 12 underwriters’ that reviewed performing or defaulted mortgage files in various stages of foreclosure and or modification relative to the guidelines set out in an (OCC) consent order. This involved,• Identified fees, penalties assessed and/or charged to the homeowner during the specified review period• Specialized in APR validation, SCRA compliance and complex transactional audits• Reviewed fees and/or penalties including late charges, property preservation, inspections, valuations, etc. for compliance with state, investor and bank policies. Recalculated the fees, escrows, late charges, partial payments, past-due interest and fees capitalized into the foreclosure bid, and or included in modification and/or reinstatement calculation.• Analyzed ARM boarding, adjustments per index, proper PI calculation and amortization, escrow cash advances for taxes, hazard, flood insurance and MI premiums. Also validated lender-force placed insurance for reasonable coverage amount, premium and any credits due back to the borrower according to investor and bank guidelines.• Audited files for required RESPA compliance documentation; TIL, GFE, HUD-1 • Reviewed payment histories to determine correct application of partial payment funds, Bankruptcy claim accuracy, Bankruptcy Trustee payment applications.• Identified if the homeowner suffered financial harm as a result of misapplication of fees/charges as identified by the review, and if future financial harm exists via overstated foreclosure cure funds, deficiency judgments or thru over capitalized modifications or other financial harm as found.

Fdic- First National Bank Scottsdale, Az & New Frontier Bank Greeley, Co

Responsible for identifying the assessment of financial institutions to determine the existence ofUnsafe and unsound practices, violations of law and regulation, the adequacy of internal controls/procedures and the general character of management. Primary responsibility was to manage the audit and inventory of the closing financial institutions collateral documents that were tracked to the FDIC. Created spreadsheets listing the audit of all loan documents. Prepared assets for the liquidation, transfer, or assumption whether it was a Structured Sale or Cash Sale. This also involved working with department head on the servicing of the asset and completing audits of the assets to determine RESPA compliance (GFE, TIL, HUD-1) prior to the FDIC determination on pooling. Processed cases written by the receivership, utilizing documents and information provided by case authors. Processed payment vouchers for checks and wires as needed in supporting the receivership.

United States

Reviewed mortgage credit packages to determine if applicable guidelines were followed. Verified and calculated borrower income to establish credit worthiness of borrowers. Reviewed propertyValues and collateral from appraisals, and verified clear titles. Reviewed regulatory compliance related documents (HUD, TIL, GFE) to ensure conformity with RESPA federal, state and local regulations. ReviewedDisclosures and closing documents. Managed a daily underwriting workflow in accordance to client’s deadlines. Perform quality control review on loans analyzed by other team members in order to ensure adherence to guidelines and procedures.

Washington D.C. Metro Area

Senior Program Manager, SBA Asset Sales (01/02-10/02). Managed and maintained activities of 2,100 lender-serviced commercial assets (LSBO), including underwriting and TFA reconciliations. Prepared weekly management report regarding defaults, payoffs and disaster assistance loans. Periodically sampled data to ensure accuracy. Worked with IT staff to design and implement database improvements. Senior Team Leader, SBA Asset Sales (01/99-12/01). Coordinated communications with approximately 96 district offices for receipt of 81,000 loan files (UPB totaling approximately $4 billion). Responsible for quality control, including underwriting, management of asset-tracking database, and preparation of weekly reports for TFA/SBA weekly meetings.