Erica Johnson, Mba, Cfe, Amp Email & Phone Number

Washington, Dc, Us

Washington D.C. Metro Area

Responsible for managing external audits of the Ginnie Mae MBS program. Ginnie Mae’s Audit Liaison Officer overseeing financial statement and program audits of the $2 trillion dollar Ginnie Mae MBS program. Daily oversight of Ginnie Mae’s external audits performed by the Office of the Inspector General and the Government Accountability Office.

Washington D.C. Metro Area

In charge of monitoring assigned issuers for compliance with the Ginnie Mae Program, with specific focus on adhering to the Ginnie Mae Guide. Demonstrate a professional in-depth knowledge of the mortgage/banking industry and have extensive experience in the entire mortgage product life cycle. Including knowledge in single family originations, securitization, servicing, and default asset management. Focusing on:- Maintaining an understanding of the current state of the… Show more In charge of monitoring assigned issuers for compliance with the Ginnie Mae Program, with specific focus on adhering to the Ginnie Mae Guide. Demonstrate a professional in-depth knowledge of the mortgage/banking industry and have extensive experience in the entire mortgage product life cycle. Including knowledge in single family originations, securitization, servicing, and default asset management. Focusing on:- Maintaining an understanding of the current state of the mortgage/financial industry via research and training. - Focusing on government loans and securities. Including understanding the claims process tied to FHA, VA, and USDA loans to assist in mitigating losses associated with lack of adherence to the required guidance. - Contract Officer Technical Representative (COTR)- trained in the oversight and process of government contracts. Oversee specific assigned contracts and ensure adherence to policy.- Assigned to projects focused on business process improvement and work extensively with third party contractors to apply industry best practices.- Audit management for program office including working on the A-123, GAO, and annual financial statement audits Show less

Mclean, Va

Organized, led, and conducted operational reviews of Freddie Mac’s counterparties. Identified operational risks as a result of control gaps/weaknesses throughout the entire mortgage banking process, including all loan origination, servicing, and cash management processes. Discussed operational risks and industry best practices with counterparty’s senior management. Prepared comprehensive operational review reports articulating key controls, identifying risks, and overall assessment of… Show more Organized, led, and conducted operational reviews of Freddie Mac’s counterparties. Identified operational risks as a result of control gaps/weaknesses throughout the entire mortgage banking process, including all loan origination, servicing, and cash management processes. Discussed operational risks and industry best practices with counterparty’s senior management. Prepared comprehensive operational review reports articulating key controls, identifying risks, and overall assessment of the respective counterparty for distribution to senior management within compressed timelines. Show less

Designed, developed, and marketed lending products for the mortgage division. Furthermore, this position reviews and modifies existing profitable products to maximize return on investment and meet both internal and external customer needs. Interpret/implement investor guidelines, continually monitor product risks by ensuring products are both affordable and available to consumers. Key Accomplishments• Deployed Homeowner’s Affordability and Stability Program (HASP) for Huntington… Show more Designed, developed, and marketed lending products for the mortgage division. Furthermore, this position reviews and modifies existing profitable products to maximize return on investment and meet both internal and external customer needs. Interpret/implement investor guidelines, continually monitor product risks by ensuring products are both affordable and available to consumers. Key Accomplishments• Deployed Homeowner’s Affordability and Stability Program (HASP) for Huntington Mortgage Group by utilizing Fannie Mae Refinance Plus, Fannie Mae DU Refinance Plus, and Freddie Mac Relief Refinance products. Duties included: user acceptance testing, interpreting regulatory requirements, and training various audiences on the process of modifying Mortgage Insurance (MI). Complex, multifaceted project with extremely aggressive deadlines to implement products within a matter of five days. Products generated over $85 million first week deployed • Developed Balanced Scorecards for multiple lines of business. Included three extensive, hands-on training sessions to become fluent in Lean Six Sigma techniques (Kaizan, DAMIC, Key Performance Indicators, Project Charters, etc.)• Perform user acceptance testing on Front-End Originations system (Unifi) and decreased error rates by 32% Show less

Created, implemented, and managed the Correspondent Second Mortgage Loan Program. Extensive knowledge in Wholesale Lending including: risk analysis, underwriting, reviewing clients net worth, benchmarking studies, applying investor guidelines, and replenishing warehouse lines of credit. Key Accomplishments• Record generation of an average of $5 million dollars of second mortgage products• Reduced delinquency to less than 1%• Trained 15 Regional Account Managers on… Show more Created, implemented, and managed the Correspondent Second Mortgage Loan Program. Extensive knowledge in Wholesale Lending including: risk analysis, underwriting, reviewing clients net worth, benchmarking studies, applying investor guidelines, and replenishing warehouse lines of credit. Key Accomplishments• Record generation of an average of $5 million dollars of second mortgage products• Reduced delinquency to less than 1%• Trained 15 Regional Account Managers on product benefits and presented product offering to audiences of 50+ Show less

Owner of cost savings initiatives that equated to $256 million dollars. Applied Lean Six Sigma techniques to identify process improvements and implemented new procedures to fix inefficiencies.

Managed the day-to-day operations of multiple operational units, which included: performance monitoring of 45 employees, facilitated cross-functional meetings to improve communication between various areas of the bank, and addressed all escalated internal and external customer situations.

Mba, Finance

Worked full-time while completing the 18 month Vantage MBA program with Franklin University. MBA focus was Finance and graduated.

Bachelors Of Science, Financial Management

Worked full-time (40+ hours) while carrying a full-time course load (12 hours). Additionally, obtained a Minor in Global Business.