Noelle J Simpson
Zillow Home Loans
Phoenix,AZ
17
years of professional experience
Mortgage underwriting professional prepared to deliver precise risk assessments and ensure regulatory compliance. Known for fostering team collaboration and achieving results in dynamic environments. Proficient in financial analysis and decision-making, with reliable and adaptable approach.
Work History
Mortgage Loan Underwriter
3 Years- Underwrote retail mortgage loans by verifying income, expenses, assets, property evaluations, title, and investor guidelines, effectively mitigating risk to lender
- Proficient with Fannie, Freddie, FHA and VA guidelines, including how they affect automated Underwriting Systems DU/LP. Proficient on a variety of Bond programs, as well as Jumbo
- Proficient with Respa/TIL and other regulatory procedures and practices
- Extensive knowledge of complex tax documentation
- Facilitated proactive communication of approvals, denials, and counter-offers to Loan Officers and Branches, leveraging strong organizational and analytical skills
- Demonstrated ability to manage stress in high-pressure situations
- Consistently recognizes and detects flaws within procedures and applications, and communicates with senior leadership in order to ensure compliance within investor guidelines and state statutes
- Identified and communicated flaws within procedures and applications to senior leadership, ensuring compliance with investor guidelines and state statutes
- Top performance monthly
Retail Mortgage Underwriter III
4 Years 1 Month- 3+ retail mortgage Underwriter III. Verifying income, expenses, assets, property evaluations, title and investor guidelines while mitigating risk to the lender
- Proficient with Respa/TIL and other regulatory procedures and practices
- Applied knowledge of Respa/TIL and regulatory procedures to maintain compliance and streamline processes
- Strong communication, oral and organizational, analytical, problem-solving and file management skills. Proactive and timely communication of approvals, denials and counter-offers to both Loan Officers and Branches
- Demonstrated ability to manage stress effectively in high-pressure environments.
- Coached and mentored less experienced team members, enhancing their skills and contributing to overall team performance
- Identified and addressed flaws in procedures and applications, ensuring compliance with investor guidelines and state statutes through effective communication with senior leadership
- Winner of Quarterly Pinnacle Awards consistently for entire employment
- Top 1% in production and compliance in Pacific Southwest Region for entire employment
Consumer Loan Underwriter III/SLR
9 Years 6 Months- 9 years FHA/FNMA/FHLMC/VA SLR loss mitigation underwriting. Second Level Review of a lower level underwriter's analysis. Verifying income, expenses, property evaluation, title and investor guidelines while mitigating risk to the lender
- Demonstrated in-depth knowledge of FHA, FNMA, FHLMC, and VA investor guidelines through comprehensive analysis and application in underwriting processes.
- Researched and validated repurchase claims from investors, ensuring compliance with company guidelines
- Utilizing company guidelines, research repurchase claims from investors to determine if the claim is valid and accurate
- Proactive and timely communication to customers and business partners on loan decisions and underwriting guidelines
- Able to work in a flexible, fast paced and high production oriented environment
- Coached and mentored less experienced team members, fostering a collaborative learning environment
- Received several Service Excellence Nominations and won the 2015 Service Excellence National Conference.
Skills
Microsoft Word
Lotus Notes
Excel
Outlook
Fidelity/CPI LIV
LPS
GEM
ERLMF
Encompass
LPA
DU
WebLGY
FHA Connection
DE and SAR
Underwriting standards
Debt-to-income analysis
Ethical standards
Risk assessment
Document review
Credit assessment
Appraisal analysis
Jumbo loan underwriting
Debt-to-income ratios
General Qualifications
- 25 years combined experience in compliance in the Mortgage, Real Estate, and IT Security Industries
- 23 years of underwriting experience including manual decisions
- 25 years of mitigating risk and ensuring compliance in the mortgage industry
- 2 years of leadership experience
- DE and LAPP delegated, Bond delegated, Jumbo delegated
- 16+ years telecommuting
Timeline
Mortgage Loan Underwriter
Zillow Home Loans
08.2023 - CurrentRead More
Retail Mortgage Underwriter III
Loan Depot
07.2019 - 08.2023Read More
Consumer Loan Underwriter III/SLR
Wells Fargo
01.2010 - 07.2019Read More