Tim Barker Email & Phone Number

Memphis, Tennessee, United States

Memphis, Tn

Memphis, Tn

Contract Underwriting team providing due diligence mortgage underwriting for financial institutions to sell and trade to Government Sponsored Entities and private purchasers.Contract UnderwriterUnderwrite consummated first mortgage loans from various financial institutions for bulk sale to FNMA, FHLMC and private purchasers.• Reviewed original legal documentation for accuracy, calculated income, debts and assets to determine key ratios while maintaining a < 1% error rate

Greater Memphis Area

Financial institution providing deposits, loans, investments, financial planning and trusts with $28.8 billion in assets and 5,000 employees.Vice President – Performance Manager (2014 – 2015)Managed the team’s perspective on lending through training and process improvement to improve credit quality and data integrity for the Centralized Consumer Lending Center. • Created and administered the bank’s first Underwriter Curriculum consisting of 9 modules, including; income calculation, policy, risk understanding and decision making• Early Payment Defaults (30 + days past due) decreased 40.9% year over year, due to the Underwriters increased decision making knowledge• Stakeholder in Credit Policy changes in 20 + policies making it easier to do business with• Increased Lending Authority for 37% of staff and exception authority for 100% of staff, by presenting the Underwriters knowledge with fewer errors and improved credit quality• Improved initial Underwriting decision time, exceeding target of 80% within 4 hours, due to the increased understanding and a reduction in redundant policies and processes• Improved days to clear to close for all Real Estate segments year over year, due to a streamlined process and a focus on applications ready to close• Improved customer service, receiving a satisfaction rating exceeding 90% year over year• Expert knowledge of Policy and Underwriting with lending authority of $3,000,000 and of loans approved, 1.3% ever 30 + days delinquent with none 90 + and no charge offs

Greater Memphis Area

Underwriting Manager (2012 – 2014)Managed a team of 14 Real Estate Underwriters, supporting Middle and Private Client markets of the institutions footprint. Underwriting Mortgage and HELOC loan applications.• Served as a resource to Underwriters and Loan Officers to analyze more complex loan applications, income sources and exceptions to policy due to experience and knowledge• Proactively managed the team’s pipeline; including new applications, pending applications and conditions, by prioritizing the teams tasks at hand• Exceeded service level agreements for initial decision and maintained satisfactory credit quality ratings within the team, by engaging with Underwriters and internal customers

Master’S Degree, Business Administration And Management, General

Master of Business Administration (MBA)

Bachelor’S Degree, Finance

Bachelor of Business Administration (BBA) with major in finance