Summary
Overview
Work History
Education
Skills
Timeline
Generic

Manjula R

Bangalore

Summary

I have 10 years of total experience in mortgage industry. Discerning professional with excellent communication and writing skills. Quick to identify risks. Aspiring to enhance skills and be part of sustainable workforce. Trustworthy analyst with 10 years of practical experience and dedicated work ethic. Self-motivated to consistently provide first-Class results in line with stringent targets and deadlines.

Overview

15
15
years of professional experience

Work History

Automation Specialist - Underwriting

Indecomm Global Services
Bangaluru
06.2024 - Current
  • Acts as a bridge between underwriting and automation/IT teams, ensuring that automation tools align with underwriting policies.
  • Provide feedback to underwriters and other relevant teams regarding identified issues.
  • Ensures that automated underwriting decisions meet quality standards and compliance requirements.
  • Verify that all underwriting decisions adhere to the company's policies, underwriting guidelines, and regulatory requirements.
  • Verify that the necessary documentation, such as income verification, credit report, and property appraisal, is present and correctly filed.
  • Ensure that documentation supports the underwriting decision made.
  • Income documents:
  • Review income documentation: Examine pay stubs, tax returns, bank statements, and other income proofs for completeness and authenticity.
  • Cross-check income figures against submitted documents to ensure correctness and consistency.
  • Detect and flag discrepancies, inaccuracies, or potential fraud in income documentation.
  • Credit Reports:
  • Examine credit reports for accuracy, completeness, and consistency. cross-verify credit information provided by credit bureaus with internal data.
  • Identify discrepancies or errors in credit reports, and document findings.
  • Verify that all necessary disclosures and documentation are included.
  • Appraisal Report:
  • Ensuring that appraisal reports meet all regulatory, investor, and company standards before they are used in the underwriting process.
  • Identifying discrepancies, errors, or inconsistencies in appraisal reports that could impact risk assessment or loan approval decisions.
  • Verifying adherence to all applicable laws, regulations, and guidelines.
  • Ensuring that all relevant data (property details, comparable sales, market trends) is accurately reported.

Senior Credit and Income Analyst

Altisource Business Solutions Pvt.Ltd
08.2015 - 02.2023
  • Knowledge of Fannie Mae, Freddie Mac and FHA guidelines.
  • Ability to read various documents involved in the underwriting.
  • Reviewing all the required documents such as 1003, AUS, Income documents, Assets documents, Credit Report and other disclosures as per the client requirements.
  • Calculate qualifying ratios, determine creditworthiness, provide risk opinion and recommendations.
  • Expertise in pre-fund, post closed loans and encompass application as well.
  • Monitoring workflow and delegate work accordingly in order to meet the compliance requirements of the clients.
  • Regular interaction with lender in order to get the required documents.
  • Strong Customer Service skills, Detail Oriented with good analytical skills and the ability to make decisions based on the situation

Senior Consultant

Sutherland Mortgage Services
03.2015 - 07.2015
  • Underwriting document verification such as incom document, asset statement and credit report.
  • Requesting for missing documents to proceed for underwriting.
  • Underwriting condition clearing.
  • Completed regulatory documentation within required time scale.
  • Followed up on application to gather missing information, clarification on client requirement and financial records.


Modification Underwriter

Ocwen Financial Solution
06.2010 - 02.2014
  • Made highly complex loan decisions based on the overall credit worthiness of the borrowers and income requirements.
  • Completed regulatory documentation within required time scale.
  • Analyzed clients background and financial records to determined risk involved in the loan.
  • Assessed mortgage loan documentation to determine acceptance or denial and making decision based on established risk factor and requirement.
  • Adhered to guidelines to close all the loans in adherence to internal and external investors specifications.

Education

B.Com - Financial And Accounting

St. Joseph's Evening College
Bangalore
06.2010

Skills

  • Attention to detail
  • Analytical skills
  • Loan processing
  • Excellent communication
  • Teamwork
  • Time management

Timeline

Automation Specialist - Underwriting

Indecomm Global Services
06.2024 - Current

Senior Credit and Income Analyst

Altisource Business Solutions Pvt.Ltd
08.2015 - 02.2023

Senior Consultant

Sutherland Mortgage Services
03.2015 - 07.2015

Modification Underwriter

Ocwen Financial Solution
06.2010 - 02.2014

B.Com - Financial And Accounting

St. Joseph's Evening College

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Manjula R