Scott Phillips Email & Phone Number

Birmingham, Al, Us

Birmingham, Alabama, United States

Underwrite and assess risk for Subcontractor Default Protection (SDP) Program.

Birmingham, Alabama Area

Analytic Focus is a quantitative consutling firm that specializes in economic, financial and statistical analyses. The Financial Services Divison serves our clients as subject matter experts in data analysis, forensic underwriting, fraud analysis, quality control, risk management and due diligence. Our clients include law firms, financial institutions, government entities and regulatory agencies. The division also provides commercial loan underwriting and post-closing quality control services for financial institutions and private equity firms. Experience includes the following:Performed credit analysis, financial analysis and statement spreading on commercial loans for financial institutions, municipalities and private lenders.Provided commercial underwriting services for economic development loan program in response to COVID-19 pandemic.Evaluated small business grant packages for county development authority.Performed post-closing quality control reviews and compliance audits on residential mortgage loans. Provided quality assurance for all of the projects and processes undertaken on behalf of our clients. Identified quality control issues and performed data analysis using Excel and statistical software (Stata). Managed the forensic underwriting process to identify the level and concentration of risk present in pools of loans.Managed a team of 30 professionals located in multiple locations and supervised outside contractors to support the successful completion of projects. Confirmed that all functions are performed with the highest level of quality and integrity.Managed the division in over 25 cases of Residential Mortgage Backed Securities litigation.Designed a proprietary due diligence platform in SharePoint created to capture data collected in the re-underwriting process, calculate ratios and provide rating analysis.Managed the process for the company's inclusion to S&P Global Ratings List of Third-Party Due Diligence Firms.

Birmingham, Alabama Area

Managed the quality control audits performed by a third-party due diligence company to ensure loans met HUD, Fannie Mae and investor quality standards for mortgage lender with $600 million in annual loan volume. Developed training procedures and process improvement for the underwriting team.Performed internal targeted loan reviews to ensure compliance with all state, federal and investor guidelines. Investigated any potential occurrances of fraud or misrepresentation. Responded to inquiries or audits from HUD, Fannie Mae, investors, and state regulatory departments.Created and implemented a database utilized to ensure loans were in compliance with federal and multi-state lending laws and regulations. Experience with Equal Credit Opportunity Act, Home Mortgage Disclosure Act, S.A.F.E. Mortgage Licensing Act, Real Estate Settlement Procedures Act and Truth in Lending Act.Prepared quarterly and annual reports for Fannie Mae and regulatory agencies.Managed vendor relationships with appraisers, title companies, third-party originators and correspondent lenders. Transitioned manual document collection and approval process to an automated web-based application and approval process. Analyzed loan application database to ensure HMDA reporting and NMLS requirement were met.

Birmingham, Alabama Area

Performed internal quality control audit for $500 million annual loan volume for HUD compliance. Monitored state and federal laws and HUD and investor guidelines to ensure loans were in compliance with all applicable laws and regulations.Responsible for the underwriting decisions for the funding and sale of a $200 million portfolio of mortgage loans.Monitored underwriting changes implemented by investors and developed policy for the company. Trained and managed the underwriting and processing staff to ensure sound decisions are made and quality control procedures are followed.