Michael Bratman Email & Phone Number

Lincolnshire, Illinois

• Underwrite QM, Non-QM (including DSCR), and Alt-Doc residential loans, while achieving an average production quota of 102% and an average Quality Control score of 98%.
• Calculate income for Wage Earners and Self-Employed Borrowers, using wage documentation, as well as 1040’s, 1120’s, 1099, Sched C, Sched E, P&L statements, bank statements, and asset utilization.
• Adhered to FNMA and FHLMC selling guides, with client overlays.
• Analyze loan disclosures and Compliance reports, such as ComplianceEase and Mavent, to detect compliance issues, provide explanations and resolution proposals.
• Successfully managed teams, processes, pipelines, and special projects, including composing instructions, providing training and continual assistance, in order to meet deadlines.
• Serve as a point of contact for both clients and colleagues, to review and resolve scenarios and exceptions.

Bannockburn, IL

• Manage a team of 7 closers and 4 closing support staff, and oversee a loan pipeline of >$450M per month for High-Net worth clients.
• Consistently meeting and exceeding department SLA's for performance, production, quality and customer satisfaction.
• Proficient in Federal (e.g., RegZ, RESPA, HMDA, ECOA) and State regulations, as well as understanding of secondary marketing and compliance requirements.
• Played an integral part in building an expert Closing department: recruited personnel, learned the closing system FSMS, composed a complete training manual and conducted training.
• Engineered and maintain a networked, real-time pipeline management system in MS Excel.
• Possess extensive experience with complex files, including various trusts, LLC’s, POA’s, etc.

Westmont, IL

• Manage a high volume producing team of 5 experienced closers for the top producing region.
• Direct a loan pipeline which exceeds $380M/month.
• Collaborate with other departments and with vendors to ensure exemplary customer service.
• Possess strong understanding of the Dodd-Frank regulation and its implications.
• Conduct meetings with closers to discuss opportunities and develop strategies for improvements.

• Directed the pipeline and analyzed the workflow for a team of 15 closers to achieve great customer service.
• Provided expertise and guidance on intricate transactions, and oversaw them through funding.
• Conducted file audits for problem resolution, and for accuracy and uniformity.
• Created automated tools, e.g., customized Excel spreadsheets to improve efficiency and simplify processes.
• Proficient on federal regulations, e.g., HUD-1, RegZ, RESPA, as well as understanding of secondary marketing and compliance requirements.
• Collaborated and communicated with Sales and Operations to implement proactive changes.

• Consistently exceeded production quota with an average of 125%, for a total production of over $500M per year.
• Produced loan docs for refinance, purchase and line of credit transactions for all 50 states.
• Analyzed HUD’s; reviewed and approved funding docs; sent wires; and authorized fundings.
• Trained five (5) employees and composed a complete training manual for the closing department.

• Opened and set-up two mortgage offices, while controlling budget and expenses.
• Managed and processed the branch’s loan pipeline, resulting in loans closed in 2 weeks.
• Trained and managed processors and loan officers.
• Handled office functions, including A/P, payroll, HR, vendor management and tech support.

M.B.A., Business Administration

*Summa Cum Laude Graduate; GPA of 3.96/4.0 * Demonstrated superb research, analysis, negotiation and public presentation skills. *.

B.A., Finance

Activities and Societies: Sigma Pi fraternity alum -Graduated Cum Laude with 3.67/4.0 GPA

General Studies

General Education