Loretta Davis Email & Phone Number

Manually underwrote Non Agency, Agency DU/LP with Chase overlays. Extensive knowledge of complex personal and business tax returns, rental income, multiple properties, annuitization income.Expert knowledge with credit report analysis and tradeline requirements.Exceptional loan quality of 98-100% with internal audit reviews.High level of attention to.

Remote

• Underwrite conventional loans with mortgage insurance coverage while evaluating risk factors. and lender overlays.
• Evaluate creditworthiness and financial strength of the borrower to determine degree of credit risk and assess loan level eligibility. Review and analyze loan application, credit report, liabilities, assets, collateral.
• Assigned to the special projects team for Flagstar Bank while underwriting standard, complex and specialized loan submissions while ensuring eligibility, accuracy, completeness and compliance.
• Maintain exceptional customer service through regular communication, status updates, negotiate and resolve customer conflicts.
• Current knowledge of Arch MI product guidelines, Covid-19 temporary flexibilities and temporary underwriting requirements. Use of Fraudguard and DataVerify tools. Excellent written and verbal communication skills.

Remote Underwriter

• Underwrote Non-Agency, Non QM and Jumbo loans, manual private investor and DU / LP validation purchase and refinance transactions. Excelled in consistent loan quality while minimizing layered risk.
• Knowledge in Conventional and private investor underwriting with investor overlays and Appendix Q rules.
• Analyzed credit reports, income, asset documentation, appraisal, while working independently and maintaining production goals.
• Manual calculation of earnings from salaried, commissioned and personal and business tax returns with accurate completion of income worksheets. P&L and balance sheet review.
• In-depth knowledge of Fannie and Freddie policies and guidelines. Requested private investor exceptions.
• Ability to maintain a positive attitude, handle changing situations and strict deadlines while adhering to an exceptional level of customer service.

Remote Underwriter

• Examine and evaluate documents for accuracy and completeness: income, assets, collateral, credit.
• Review and calculate income: wage earners, self-employed, business tax returns, other income, financial statements, tax transcripts.
• Ability to work within a fast-paced environment. Identify fraud, layered risk, inconsistencies and errors.
• Accomplished to maintain consistent high quality loan standards.
• Provide a positive customer experience. Effectively work with Loan Processors, Sales, Closers.

Remote

• Investigate and respond to investor repurchase demands and internal referrals for potential breach notice obligations in securities documents.
• Review specific pooling and servicing agreement structure and content for company contractual obligations and evaluate alleged breaches.
• Research and respond to investor repurchase demands or mortgage insurance company notices of insurance rescissions.

Atlanta, GA

• Manually re-underwrote DU, LP and Non-AUS non-performing loan files referencing historical to current investor guidelines, master agreement/commitment, credit policy and program requirements.
• Identified loans that required re-purchase after reviewing the credit history, income documentation including self-employed tax returns, assets, collateral review for value and marketability and other compliance.

Atlanta, GA

Underwrote multi-state loans with LP / DU, Jumbo Loans, Alt A, Manual Underwrites, Helocs, followed program guidelines, provided rush underwrites, analyzed income including tax returns, credit and collateral in a timely manner.

B.A.

Education record

Real Estate