Sheryl Olson Email & Phone Number

Vancouver, Washington, United States

• Mortgage Rate Locks- 35% | Compliance Disclosures – 35%| Pre-Fund / Post Fund Audits 15% | Training 15%
• Process rate lock requests sent over by loan originators in encompass and optimal blue. Process rate changes and extension requests. Assist loan originator with post-lock inquires. Monitor for expiring rate locks and.
• Ensure loan estimates, change of circumstance, closing disclosures and post consummation closing disclosures are delivered to consumers in accordance with the GSE’s (Fannie Mae / Freddie Mac), investor and state and.
• Work with internal and external auditors including rebuttal and best practice solutions to VP of Mortgage Services on compliance related findings.
• Train staff on existing and upcoming compliance and regulatory changes and updates. Train staff on pre-fund and post fund audit findings and trended deficiencies. Work with all staff with difficult and unusual.

• Compliance Disclosures - 20% |Preparation in closing documents 65% | Coordinate Mortgage closings 15%
• Prepared and sent the closing disclosures to the consumers prior to closing.
• Assembled, prepared, reviewed and verified documents for a loan closing, and ensured all applicable state, federal, and regulatory requirements were met across multiple states.
• Communicate with title company and consumers to set up closing schedule.
• Acted in the capacity of FHA default underwriter. Did a complete underwrite on FHA loans in default status.
• Reviewed all loan documents coming from the loss mitigation department to ensure all state and federal laws were followed across multiple states. This was a pre underwriting function.