Jim Powers Email & Phone Number

United States

Philadelphia, Pennsylvania

• Contract underwriting for Flagstar Bank reviewing FNMA, FHLMC, and investor guidelines.
• Strong focus on guidelines and self-employment income documentation.
• Do diligent follow-up with lender processors and loan officers to receive appropriate conditions for loan approval.

Wilmington, DE

• Sr. Underwriter III
• Review FNMA and Capital One Portfolio (Jumbo) loans with a signing authorization up to 1.5M.
• Strong focus on QM guidelines and self-employment income documentation.
• Submit non-portfolio loans through DU and review with FNMA guidelines.
• Do diligent follow-up with account reps and loan coordinators to receive appropriate conditions for loan approval.

Mount Laurel, NJ

• Review underwriting loan documentation for PHH Clients.
• Submit underwriting approval through desktop underwriting (Fannie Mae) or Loan Prospector (Freddie Mac).
• Once Fannie Mae or Freddie Mac findings are received the PHH 1008 is updated with findings and PHH conditions.
• Do manual underwriting when necessary.
• Do diligent follow-up with clients to receive appropriate conditions for loan approval.

Mount Laurel, NJ

• Reviewed all loan request documentation.
• Worked with clients in securing missing documents and accurate data.
• Assured all clients, brokers, attorneys, title companies, and individual borrowers received quality customer service.

Horsham, PA

• Trained retail branch employees and their clients on compliance.
• Developed strategies that were instrumental in developing excellent customer relations with clients.
• Prepared and reviewed closing documents.
• Reviewed and set closing fees via compliance guidelines.
• Sent closing documents to closing via e-mail and overnight mail.
• Reviewed Final HUD-1’s.

Wyomissing, PA

• Opened a new market in Southern New Jersey by contacting realtors and builders about residential banking products.
• Took customer loan applications via a laptop application system and did proper document follow-up to ensure fast closings.

King Of Prussia

• Responsible for originating loans through in-house leads.
• Qualify potential borrowers by reviewing credit reports and financial documents.

Mount Laurel, NJ

• Conducted audits of mortgage loan packages ensuring that all legal documents were accurate, complete, and in accordance with legal regulations.

Associates, Marketing & Management

Yes, Business