Laticia James Email & Phone Number

Virginia Beach, Virginia

Responsible for reviewing, analyzing, approving and underwriting moderate individual consumer requests and products within company and industry guidelines. Dependent on division, functions may include evaluating and ensuring overall loan documents are accurate, complete, and compliant; reviewing of financial statements, credit reports, applicable ratios (i.e. Debt ratios, loan-to-value) and other supporting documentation; using an automatedscoring system or traditional underwriting to determine acceptability of moderate requests; contacting customers and partners to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or to sell/promote line products; staying abreast of any changes in underwriting provisions; working with production toresolve questions when possible.

Raleigh-Durham, North Carolina Area

Analyze and investigate Retail Mortgage loan fraud.Analyze and investigate daily Retail Mortgage loan fraud alerts generated by Rels/LoanSafe. Place fraud alerts on loans when potential fraud is suspected. Work with Underwriters to resolve possible fraud issues and concerns. Fraud alert investigations include, Identity Theft, Income discrepancies, Occupancy, Undisclosed Properties, and/or Mortgages. Research and investigate evidence to determine mortgage fraud by using, Prefund at the Web, LPS, LIS, CORE, Rels/LoanSafe, RF Image Viewer, Speed Trap, Lexis Nexis, Realquest, Zillow, and internet searches. Maintain individual alert pipeline. Analyze and investigate Home Equity Alerts.

Process documentation necessary for the placement of complex residential mortgage loans by reviewing application and generated disclosures for compliance to regulatory guidelines. Accurately and timely re-disclose Good Faith Estimate as necessary. Request appraisal adhering to appraisal regulatory guidelines. Underwrite conforming conventional loans to appropriate lender/investor guidelines Possess knowledge of conventional mortgage products and underwriting requirements for lower-risk Fannie Mae and Freddie Mac loans. Was accountable for making loans within lending authority by thoroughly and accurately documenting and reviewing file to assure compliance with investor requirements. Submit loan through applicable automated underwriting system for credit decision. Prepare commitment letter Underwrite necessary changes to loan file. Perform initial file review for completeness. Loan data input for accuracy. Review credit report for accurate disclosure of current debt and inquiries. Review flood certification and mail necessary disclosures if applicable. Complete all compliance, loan quality initiative and fraud detection checks on borrower, for any potential fraud related issues found are to be reported to management immediately. Assure data is complete and accurate for reporting. Prepare loan file in correct stacking order according to loan type. Print all relevant documents from LOS and bank system, as applicable. Knowing when to send direct verifications or complete verbal verification and updating LOS with current and validated information.

Responsible for reviewing, analyzing, approving and underwriting moderate individual consumer requests and products within company and industry guidelines. Dependent on division, functions may include evaluating and ensuring overall loan documents are accurate, complete, and compliant; reviewing of financial statements, credit reports, applicable ratios (i.e. Debt ratios, loan-to-value) and other supporting documentation; using an automated scoring system or traditional underwriting to determine acceptability of moderate requests; contacting customers andpartners to gather information to make appropriate decisions, explain rationale behind credit decisions, and/or to sell/promote line products; staying abreast of any changes in underwriting provisions; working with production to resolve questions when possible.