Christopher M. Thomas Email & Phone Number

East Orange, NJ, US

New York, NY, US

• Manages workflow and preforms timely follow-ups to issues identified during reviews.
• Preforms evaluation of member pledged mortgage collateral using the Bank’s approved collateral valuation methodology and data capture.
• Evaluate and test collateral files to determine conformity and compliance with regulatory and Bank policy and procedures.
• Prepare written recommendations regarding loan acceptance or denial.
• Work with the legal department in the review, evaluation custodial agreements, encumbering pledged collateral to determine impact to eligibility.
• Stay abreast of federal regulations, policies, internal procedures and other compliance requirements.

Mclean, VA, US

Reviews a high volume of loan documentation to appropriately capture collateral, documents, and other related party data into the loan accounting system.Supports multiple lines of business as well as a wide array of loan structures/types such as construction, commercial real estate, term loans, and revolving credit facilities.Experienced in areas such as.

New York, NY, US

• Manage transactions, including the preparation and execution of trade documents, coordination of collateral file shipment to the custodian and management of trade related deadlines.
• Communicate transaction details to counterparties, servicers, custodians, and internal groups.
• Minimize risk by actively identifying critical risk issues in collateral related reviews prior to funding and escalating adversefindings.
• Reference and demonstrate understanding of bailee, custodial and servicing agreements.
• Provide feedback on best practices to internal Legal on new agreements and assist with finalization.
• Review, understand, and act on resolution of post funding collateral deliverables

Stamford, CT, US

Receive, review and recommend the funding of loan funding advance requests in conformance with credit approved eligibility guidelines in a specified timeline. Notify management in a timely manner of any issues or exceptions.Interact with custodian to address any problems or issues and ensure compliance with operational policies and guidelines.Validate.

Charlotte, NC, US

Provided Processing/Sales SupportFollowed federal compliance regulations for New York/Nationwide TitlesReviewed Titles for any existing liens and judgments Reviewed the liabilities on the Credit Report against information provided on the initial application Review of HUD-1 settlement statements prepared by third party vendors in connection with loan.

Charlotte, NC, US

Reviewed loans and analyzed why they didn’t close on time and if the loan was eligible for Payout under the COTC (Close on Time Commitment) guidelines.Followed federal compliance regulations for Home LoansReviewed the accuracy of mortgage exceptions to ensure all expectations aligned with fair lending, compliance, risk, and legal standards. Created several.

Charlotte, NC, US

Verified Borrower’s accuracy of all information entered into Mortgage Online systemRequested any additional documentation underwriting requiredCommunicated with borrowers through the loan processSubmitted loan files to the Underwriting Department and cleared all underwriting conditionsReviewed final HUD-1’s with borrower and confirmed loan transaction.

Charlotte, NC, US

Reviewed residential loan applications (FHA, VA, Doctor, Private Wealth,Purchases and Refinances).Reviewed and cleared income, assets, and creditReviewed all documents, submitted to Underwriting,Analyzed loan applications to determine the risk to the corporation and acceptability to company’s standards.Maintained working knowledge of modification and.