Brandon Slagle

Experience

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  Countrywide Bank

  Nov 2002 - Mar 2009

  Re-joined previous department upon Executive Management request to assist with retail branch / central fulfillment production-Level 4 signing authority for Conv, EA and Sub-prime loans-Level 3 signing authority for FHA loans-Involved in initial department UW FHA Team startup to pioneer new division-Manual underwrites for FHA residential loans and review FHA Connection Applications with Caivers, review loan-to-value ratios, credit reports, titles, applications and appraisals to ensure that each loan meets the secondary marketing guidelines.-Reviews conditions and reworks existing files as necessary to ensure compliance with secondary marketing and regulatory guidelines-Communicate suspense/re-work requirements to Processors after second-level reviews by Manager-Identify alternate financing solutions (as necessary) or escalates loan files to Underwriting Lead/Manager for second-level review; Works with Sales and Processing agents to negotiate alternatives with customers Show less -Level 4 signing authority for Conventional, EA and Sub-prime loans-Reviewed initial credit profile and income documentation to allow new construction starts to break ground. -Underwrote Conv, EA and Sub-prime loans using CLUES, DU and AUS. -Underwrote minimum of 7 loan files daily, including Conventional, Alt-A, 2nds, HELOC’s and combos using automated and manual underwriting.-Cleared preliminary underwriting conditions to issue clear-to-close.-Expanded knowledge of underwriting principles with various Prime and Sub-prime products, including Fannie Mae, while helping colleagues with underwriting direction to maintain quality for investors. -Assisted with reporting to Upper Management using Pipeline Management to maintain Service Level Agreements -Evaluated overall credit report profiles and completely reviewed property appraisals while calculating monthly incomes to ensure a fit within loan requirements and debt ratio guidelines. Show less -Gained critical Prime and Sub-prime knowledge while gaining experience in Fannie Mae products to support retail refinance environment and maintain service level agreements for production/ customer satisfaction. -Reviewed loan files and manually underwrote loan Refer decisions generated from CLUES or DU on Subprime, Prime, and FNMA products based on Purchase or Refinance loans. -Evaluated overall credit report profiles and completely reviewed property appraisals while calculating monthly incomes to ensure a fit within loan requirements and debt ratio guidelines. -Identified alternate financing solutions or escalates loan files to Underwriting Lead/Manager for second-level review; Worked with Sales and Processing agents to negotiate alternatives with customers-Underwrote minimum of 7 loan files daily, including Conv, EA, Sub-prime Alt-A, 2nds, HELOC’s and Combos, using automated and manual underwriting-Cleared preliminary underwriting conditions to issue clear-to-close. Show less

  • FHA Underwriter II / Senior FHA Underwriter

    May 2007 - Mar 2009

  • Mortgage Underwriter

    Jan 2002 - Jan 2009

  • Underwriter II / Senior Underwriter

    Aug 2005 - May 2007

  • Underwriter I

    Nov 2002 - Aug 2005
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  Nationstar Mortgage

  Mar 2009 - Feb 2010

  Senior FHA Underwriter

  Recruited by Nationstar Mtg to help assist with their rapidly expanding Wholesale FHA Refinance / Purchase environment and help to establish superior customer service and maintain Service Level Agreements with Brokers to create a preferred Business Channel.•Full FHA approval authority up to $417,000•Primarily focused on Wholesale / Agency volume and also assisted with REO / Inventory loans to help reduce foreclosure inventory to make re-saleable to investors and minimize future foreclosure exposure•Assisting to apply DU Approve Eligible loans with additional internal guidelines to meet investor requirements (ex. minimum 620 fico, 0x30 for all Refi’s, VVOE for Streamline, max 38 / 50% DR)•Gained additional FHA knowledge in expanding Purchase, Streamline and Refinance environments •Manual underwrites for FHA residential loans and review FHA Connection Applications with Caivers, review loan-to-value ratios, credit reports, titles, applications and appraisals to ensure that each loan meets the secondary marketing guidelines.•Communicate suspense/re-work requirements to Processors after second-level reviews by Manager•Identify alternate financing solutions while communicating with Sales and Processing agents to negotiate alternatives with customers•Expand knowledge of Underwriting principles and workflow management with service level agreements primarily focused on FHA products while helping colleagues with underwriting direction to maintain superior quality for investors. •Review loan files and manually underwrite loan Refer decisions generated from DU / AUS on FHA products based on Purchase / Refinance programs. •Evaluate overall credit report profiles and completely review property appraisals while calculating monthly incomes to ensure a fit within loan requirements and debt ratio guidelines. •Submit initial approval to the Broker with follow-up call for any clarification questions and open up original line of communication Show less

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  Bank of America

  Feb 2010 - Sept 2015

  Enterprise Customer Care Resolution Division(Office of the CEO & President Executive Escalations) -Researched customer inquiries at the Executive Office level, regarding home loan products and all aspects of servicing, to ensure quality resolutions were obtained in order to mitigate risk for the bank and its customers-Assisted in letter editing and responding to complaints received by customers, legal entities, regulators (CFPB or OCC), state government officials, state attorney generals and the Better Business Bureau-Selected by upper management to take on project management duties to implement process change control and assisted with identifying any gaps with departmental processes and procedures-Assisted in pioneering the Inline Calibration process to offer compliance checks to Inline partners and help ensure all aspects of policy and procedure adherence are met-Host a weekly WebEx meeting with my colleagues to discuss consistency issues and provide research-Edit and produce a weekly bulletin “Inline Insider” to address trending procedural topics and facts-Chosen by peers and management as a Peer Leader for my department’s Associate Engagement Council-Performed second-look audits on behalf of management-Maintained trusted partnerships with direct business partners while providing continuous coaching-Analyzed and complied data for process improvement research-Identified and analyzed improvement trends Show less Recruited by Bank of America to help assist with a Joint Venture partnership between BofA and Highland Homes, based on previous Joint Venture expertise, in a primarily focused Purchase environment while establishing superior customer service and maintain Service Level Agreements with a Specialty Home Builder •FHA Level 2 authority, Conventional Level 4 authority•Gained additional FHA knowledge in expanding Purchase environment (Policy & Procedure Portal)•Manual underwrites for FHA loans and review FHA Connection Applications with Caivers, review loan-to-value ratios, credit reports, titles, applications and appraisals to ensure investor guidelines.•Review conditions and rework existing files as necessary to ensure compliance with internal guidelines•Communicate suspense/re-work requirements to Processors •Identify alternate financing solutions or escalate loan files to Underwriting Lead/Manager for second-level review; Works with Sales and Processing agents to negotiate alternatives with customers•Expanded knowledge of Underwriting principles and workflow management with service level agreements primarily focused on FHA products while helping colleagues to maintain superior quality for investors. •Review loan files and manually underwrite loan Refer decisions generated from CLUES on FHA products based on Purchase / Refinance programs within my signing authority.•Evaluated overall credit report profiles and completely review property appraisals while calculating monthly income and evaluating assets to ensure a fit within loan requirements and debt ratio guidelines. •Maintained focus on rapidly changing FHA requirements to quickly adapt to current workflow production Show less

  • Quality Consultant

    May 2011 - Sept 2015

  • Senior FHA Underwriter

    Feb 2010 - May 2011
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  DHI Mortgage

  Sept 2015 - now

  FHA / VA Mortgage Underwriter - MBA

  -Expanded FHA / CONV / VA / Bond underwriting knowledge in a rapidly growing Builder Purchase environment-Manual underwrites for FHA / VA loans and review FHA Connection Applications with CAIVRS, review loan-to-value ratios, credit reports, titles, applications and appraisals to ensure investor guidelines-Underwrite loans with additional program requirements for Bond, MCC, High Risk, Rural Development, USDA-Review conditions and rework existing files as necessary to ensure compliance with internal guidelines-Communicate suspense/re-work requirements and general scenarios with Processors and production partners -Identify alternate financing/approval solutions or escalate loan files to Underwriting Lead/Manager for second-level review; Works with Sales and Processing agents to negotiate alternatives with customers-Expanded knowledge of Underwriting principles and workflow management within service level agreements for FHA / CONV / VA products while helping colleagues to maintain superior quality for investors -Received President’s Circle of Excellence Award for Quality in top 10% (out of 150 Underwriters) for multiple years Show less