Sharon Kessenich Email & Phone Number

Atlanta Metropolitan Area

Sugar Hill, Ga

Mortgage Compliance Consulting

Atlanta, Ga

 *Responsible for monitoring complex state/federal regulations to ensure regulatory compliance. *Managed Compliance Department of 4-5 with no prior compliance experience through training, coaching and mentoring.  *Responsible for reviewing all advertising, ensuring compliance with all state and federal laws. *Developed and maintained unique policy and procedures (P&P). *Coached department managers-reviewing and enhancing P&P. *Developed AML P&P including training. Designated AML/BSA Compliance Officer.  *Established Vendor Management P&P compliance.  *Established Complaint P&P, training, tracking matrix. *Created and ensured QC plan was adhered to and maintained accurately, including mgmt distribution, & monthly executive level reporting. *Created templates for announcements, forms and job aids.  *Created risk assessments and action plans to identify and eliminate risks. *Established internal auditing responsibilities; risk assessments, identified deficiencies & audit calendar.  *Responsible for accurate and timely SAFE Act compliance through NMLS for individuals, branch, company and NMLS Mtgs Call Reports and Mtgs Banker Financial Reports as well as HMDA.  *Developed compliance new-hire on-boarding procedures, created & conducted orientation.  *Developed performance tracking methodology for tracking, monitoring, & reporting.  *Established Compliance Executive Council for Compliance oversight.  *Established Compliance Defect Council to effectively manage finding defects in origination process.  *Established regular Compliance Manager Team Meetings -defect coaching opportunities at management level. *Administrator Responsibilities: FNMA Lender Records, FHA/HUD, VA Company/Underwriter.

Atlanta, Ga

 *Primary source of contact for HUD, USDA, and states regulators. *Ensured Quality Control Plan was current and utilized.  *Designed and implemented workable policies and procedures with required use by all employees.  *Responsible for reviewing all advertising, ensuring compliance with state/federal; UDAAP FTC, Fair Lending, RESPA, TILA, etc. *Reviewed deficiencies in MERS reporting analysis and developed procedural modifications. *Partnered with Human Resources guaranteeing compliance with licensing laws and FHA/HUD employer-employee controls. *Ensured current on all federal/state and agency laws and regulations including Ellie Mae/Encompass compliance. *Certified compliance over all applicable laws and regulations to FHA/HUD, CA, NH, NY, OR and VA, NJ, NC examinations.  *Developed AML Policies and Procedures to warrant compliance with FinCEN & Bank Secrecy Act. Designated-AML Compliance Officer.

Lawrenceville, Ga

 *Reviewed and enhanced new hire procedures in compliance with all FHA/HUD, NMLS & investors.  *Assisted in recruiting, hiring procedures, conducted new hire orientation training.  *Corroborated with investor guides to ensure MLO accurate positioning of loans. *Reviewed deficiencies and wrote responses for final HUD audit as well as the State Banking Dept of AL.  *Responded successfully to requests from warehouse banks & investors on FHA Delinq. Compare Ratio.  *Administrator/coordinator-NMLS/SAFE compliance for MLOs, branches and company licensing while working with all state regulators.  *Completed quarterly Mortgage Call Reports in NMLS ensuring compliance with SAFE. *Successfully refuted investor requests for repurchase. *Applied for and obtained USDA approval for state of Florida as well as nationwide approval. *Reviewed, audited and evaluated policies & procedures with recommended enhancements. *Assisted Secondary Marketing Dept. with new and existing investor and warehouse bank requests for compliance deficiencies.  *Reviewed deficiencies MERS reporting analysis and developed recommendations to ensure compliance.

Atlanta, Ga

 *Responsible for federal, state and agency regulations and developed procedures to ensure compliance. *Enhanced new hire procedures to ensure compliance with all regulators. *Worked with department managers on new and revised regulations, to develop procedures that were executable and consistent prior to implementing company-wide roll out. *Responded and successfully closed out 2010 HUD examination.  *Reviewed existing QC Plan and revised to ensure compliance with FHA, USDA and FNMA-LQI. *Developed policies and procedures, including new P&P's for MDIA, Zero Fraud Tolerance, SAFE, HVCC.  *Developed and presented all training seminars such as; MDIA, HVCC, MLO SAFE Act-Made Easy, NMLS, LQI-Avoiding Repurchase Fever & Fraud Hangover. *Managed quality control audits and maintained monthly FHA Neighborhood Watch Compare Ratio reporting to senior management.  *Administrator/coordinator for DBF, NMLS, FHA Connection and completed investor and warehouse banks packages.  *Communicated investor, regulatory, state/federal guidelines with underwriting and all associates when applicable.  *Developed and managed Third Party Origination Dept. including; forms, announcements, policies, procedures and approval process.

Atlanta, Ga

First external hired, Account Executive. Signed up 35 new brokers within three months while assisting marketing with all TPO procedural flyers while Chairwoman for final SEMB Conference.

Atlanta, Ga

Established and maintained broker accounts in the state of Georgia. Within 7 months, ranked #2 in closed volume in the Southeast. Ranked #1 in the Southeast and #2 nationally for new broker approvals. Worked with marketing to develop procedural forms used nationwide for TPO business. Achieved, top new production ranking in Eastern Region.

Atlanta, Ga

Developed new accounts and maintained existing broker accounts in the state of Georgia. Created and implemented correspondent procedures. Fortified broker and correspondent relationships by working proactively with NBank’s Warehouse Division and Secondary Marketing. Designed and implemented all operational forms and marketing flyers while consistently maintaining increased production.