Christopher Reed Email & Phone Number

Southfield, Michigan, United States

Southfield, Michigan, United States

- Completed full and comprehensive review of URLA’s (Uniform Residential Mortgage Applications), along with the property appraisal report, borrowers assets, credit, income, etc. documentation in order to make an informed decision for loan approval, suspense, or denial. - Underwriting review consisted of mortgages for sale to FNMA, as well as those held in the banks portfolio. All loan reviews were fully documented, with the mortgages held in portfolio being manually underwritten, as… Show more - Completed full and comprehensive review of URLA’s (Uniform Residential Mortgage Applications), along with the property appraisal report, borrowers assets, credit, income, etc. documentation in order to make an informed decision for loan approval, suspense, or denial. - Underwriting review consisted of mortgages for sale to FNMA, as well as those held in the banks portfolio. All loan reviews were fully documented, with the mortgages held in portfolio being manually underwritten, as opposed to those sold to FNMA which were completed and submitted through Fannie Mae’s AUS (Automated Underwriting System) for completeness. - Due to my immense attention to detail and understanding of policy and procedures, I completed the underwriting portion of the Loan Origination Procedures manual for the bank. Show less

Southfield, Mi

- Completed full quality review of conventional residential mortgage loans to measure and improve the accuracy and effectiveness of the residential mortgage loan processes. - Review, analyze, and report cause of errors within each phase of the mortgage lending environment including but not limited to intake, processing, underwriting, closing, post-closing, and property appraisal reports.- Mortgage loan reviews were required to be performed prior to funding, as well as in a post-closing… Show more - Completed full quality review of conventional residential mortgage loans to measure and improve the accuracy and effectiveness of the residential mortgage loan processes. - Review, analyze, and report cause of errors within each phase of the mortgage lending environment including but not limited to intake, processing, underwriting, closing, post-closing, and property appraisal reports.- Mortgage loan reviews were required to be performed prior to funding, as well as in a post-closing capacity. Loan file reviews required analysis of the accuracy and integrity of the information used to complete the lending decision. Analysis findings were recorded and communicated clearly and effectively to the responsible party(s) and their supervisor, including the risk factors associated as identified. - Review and complete thorough investigations of escalated files initiated by the Quality Control Assistants. If red flags were identified by a Quality Control Assistant, those files were escalated to me for in depth review of evidence of possible misrepresentation, fraud, or validity of concerns noted/identified. Show less

Southfield, Michigan

- Completed detailed analysis of the mortgage loan documentation within each file to ensure underwriting accuracy had been met on the submitted file. A full review was required on each loan selected for analysis. Any issues that arose with the audited file were addressed, corrected, and recorded appropriately. - Fulfilled adverse action letters on files with no activity, on files that did not meet credit or guideline requirements, were being withdrawn by the applicant, or required… Show more - Completed detailed analysis of the mortgage loan documentation within each file to ensure underwriting accuracy had been met on the submitted file. A full review was required on each loan selected for analysis. Any issues that arose with the audited file were addressed, corrected, and recorded appropriately. - Fulfilled adverse action letters on files with no activity, on files that did not meet credit or guideline requirements, were being withdrawn by the applicant, or required outright denial. - Acted as a closing assistant to complete closing credit issues that would arise prior to funding. Items that were reviewed and addressed were funds to close increases, PITI increases, debt payoff changes/adjustments, rate changes, and many other outstanding loan conditions that were required to be satisfied prior to the file being funded. Upon review, if anything additional was needed, the closer and any other internal party (Underwriter, Loan Officer, or Processor) was notified of the results. - Began transitioning into reviewing VA files, completed the VA underwriting training course, and reviewed files with a Sr. Analyst of which was required to review my findings for accuracy and correctness. Show less

- Assisted customers with guideline support for both government (FHA and VA) as well as conventional mortgage loans (FNMA and FHLMC GSE’s). - Provided guideline support and condition clarification to Correspondent, Brokers, and Retail customers. - Reviewed outstanding conditions on existing mortgage loans that would lead to the file being cleared for closing. - Assisted in fielding phone calls for our Wholesale Lending Service Center customers, and provided clarification as to… Show more - Assisted customers with guideline support for both government (FHA and VA) as well as conventional mortgage loans (FNMA and FHLMC GSE’s). - Provided guideline support and condition clarification to Correspondent, Brokers, and Retail customers. - Reviewed outstanding conditions on existing mortgage loans that would lead to the file being cleared for closing. - Assisted in fielding phone calls for our Wholesale Lending Service Center customers, and provided clarification as to what would be required to satisfy condition(s) (depending on our directives per management), as well as assisting in clearing up system issues they may be having during the mortgage loan process. - Required to keep current on all mortgage underwriting guidelines and requirements for both government and conventional mortgage loans. Show less

5151 Corporate Drive, Troy, Mi 48098

- Responsible for auditing mortgage underwriters for home lending operations. My extensive experience in AUS, manually underwritten loan products, and guideline requirements allowed me to be able to audit and re-underwrite numerous loan types to validate accuracy of loan approval. - Absolutely necessary to stay abreast with conventional mortgage underwriting guidelines and requirements. - Required to re-underwrite, review, and resolve any/all issues found on a loan throughout many… Show more - Responsible for auditing mortgage underwriters for home lending operations. My extensive experience in AUS, manually underwritten loan products, and guideline requirements allowed me to be able to audit and re-underwrite numerous loan types to validate accuracy of loan approval. - Absolutely necessary to stay abreast with conventional mortgage underwriting guidelines and requirements. - Required to re-underwrite, review, and resolve any/all issues found on a loan throughout many steps of the mortgage loan process including: underwriting, closing, post-closing, shipping, and post-shipping/loan delivery. - Completed income analysis, with years of exposure to reviewing self-employed income documentation including tax returns. - Asset analysis and experience with reviewing all types including liquid funds to close and non-liquidated funds to meet reserve requirements. - I have a thorough understanding of underwriting policies and procedures, including investor guidelines and regulatory updates. - Extensive experience with single family, planned unit developments, cooperative properties, 2-4 unit, condominiums, and construction to permanent transactions and property types. Show less

General Studies And Business

Completed courses mainly in general studies and business.

High School Diploma