Editha Sta. Maria Email & Phone Number

River Forest, Il, Us

Perform complete and in-depth review of mortgage loan files including income, assets, credit and collateral.Utilize client’s loan operating system to ensure accurate data entry.Underwrite loans in accordance with client guidelines, utilizing AUS or manual guidelines.Evaluate and ensure overall loan documents are accurate, complete, and compliant.Ability to identify and/or clear red flag or alerts.Issue loan decision and condition file accordinglyReview and approve conditions for compliance and completion of loan file.Provide excellent customer service to internal and external clients.Maintain current knowledge of client and investor requirements.Resolve pre- and post-closing issues as they relate to underwriting.Assist Processors/Loan Officers in understanding underwriting decisions and conditions.

Following investors’ guidelines, receive and review loan applications and documentation to ensure completeness and accuracy.Evaluate client financial objectives.Analyze appraisals, credit reports and associated documentation, ensuring proper qualification according to Company guidelines.Underwrite Conventional, Purchase, Refinance, Jumbo loans, Investment Properties and HARP Product.Develop and maintain client and broker relationships.

United Guaranty/Arch Capital Services provides mortgage insurance products and services to mortgage lenders and credit unions of all sizes.Responsibilities:Reviewed loan files for completeness and accuracy.Analyzed credit documents, including, but not limited to, mortgage applications, credit history and income documents, title documents, appraisals, and all applicable compliance documents.Evaluated debt ratio, loan-to-value ratios, credit score, and property valuation.Managed manual Frontline Underwriting Conventional/Conforming loan products.Determined and documented loan conditions, communication requirements and/or decisions.Identified portfolio risks resulting from the client's underlying business practices, underwriting, and/or fraud exposure.Accomplishments:Earned countless commendations by providing outstanding customer service to the Lender and Sales Force, using strong interpersonal skills to fully explain reasons for denying credit or providing coaching on what development is needed to get approval.Spearheaded department culture change and realized greatly reduced decision-making time by reaching out directly to lenders when applications were incomplete and documenting answers, so all levels had access to application status.Provided onsite training to newly hired and side by side sales team to fully understand the correct loan application underwriting process.Maintained knowledge of all applicable underwriting guidelines, compliance laws and regulations by completing all underwriter training programs, learning any business unit policy and/or guidelines.Commended for ability to work cross functionally in Enhanced Underwriting, Secure Certs and Post Close departments.

Analyzed decisions made by LQ1 and LQ2 to ensure documentation received supported the final claims decision on a file made by LQ’s.Properly assessed and responded to fraud indicators.Mentored newly promoted FDM’s.Participated with group projects when assigned (Courtesy Review, USAA Project Review, Appeals Project, and CDS Review Project).

Analyzed documentation on delinquent loan files prior to possibly paying a claim for loss.Conducted an internal assessment to ensure the lender accurately disclosed the borrower’s credit, assets, income, and automated underwriting systems findings.Validated the lender precisely adhered to policy and underwriting guidelines.Properly assessed and responded to fraud indicators.Based on the findings provided a recommendation to rescind or clearing a claim made by the lender.

Responsible for evaluating the eligibility of an applicant for loan application processing. Verify the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters. Check the applicant's portfolios and provide them the next necessary steps and the alternatives for loan types. Provide an excellent knowledge of the loan processes and underwriting procedures to analyze applications and make accurate decisions. Manage AUS findings and analyze approvals and results accordingly. Preserve the firms risk exposure by analyzing decisions to approve utilizing leverage, liquidity, DTI, LTV and overall exposure.

Contacted customers, attorneys and trustees, whose accounts are past due to negotiate appropriate resolutions within the framework of the bankruptcy code and always keeping the best interest of HSBC and customers. Represented HSBC in handling short pays, reaffirmation agreements and proof of claims. Completed a thorough decision of assigned accounts which may include collection, workout and foreclosure keeping the best interest of HSBC and customers at all times.

Updated delinquent accounts by resolving customers’ problems and issues quickly. Prevented- collection workout by identifying account delinquency status and report to senior management for evaluation. Identified potential problems and worked towards resolution.