Vicky Pruitt

Experience

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  City of Rockford Illinois

  Jun 1987 - Oct 1998

  Senior Finance Specialist

  Supervised two Finance Specialists with responsibilities for the disbursement of Federal and State grant dollars. Worked with City departments, citizens, businesses, and other governmental units to accomplish the mission of the Community Development Department. Interpreted the regulations for CDBG, HOME, and HOPE funds and designed programs that met HUD's criteria for the City of Rockford's Community Development Department. Developed educational material for the City of Rockford's housing programs. Founding member of the Rockford Area Affordable Housing Coalition. Participated and represented the City in community events such as the annual Paint-A-Thon. Show less

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  AMCORE Bank

  Oct 1998 - Jun 2009

  Served as Primary contact for 3rd Party Mortgage Vendor relationship. Performed weekly calls to evaluate service guarantees and performance standards to ensure compliance with contracts. Met monthly with the four supervisors and employees from the Servicing Area to critique taped calls to ensure service levels were met and to address any identified needs. Communicated program and procedural updates to Loan Advisors and provided loan level support. Maintained lending authority and managed AMCORE internal loan accommodation and concession process which included reporting analysis. Worked directly with Compliance and Auditing, meeting together monthly to ensure conformity. Managed collections and worked with Collection Manager and the 3rd Party Portfolio Manager on a weekly basis to address delinquent accounts and identify loan modifications that could be made. Managed the draw phase of over 20 construction loans. Show less Oversaw daily operations and performance of 9 direct reports with management responsibility for up to 42 individuals while working with and maintaining balance with other departments. Lead the support area through a transition to an outsourced entity, which involved a daily evaluation of effective use of talent and resources as staff, was reduced. Mentored Lead Processors on supervisory skills. Developed "authority levels" to streamline processes, reduced a layer of supervision to more effectively manage the department. Worked with the Lead Processors to develop the "Authorize to Close" process to improve workflow. Developed production's QA position and process to alleviate the workflow bottleneck in underwriting. Received LAPP authority from the Veterans Administration to approve VA appraisals internally. Completed test cases for HUD's approval. Worked with underwriting to receive the DE designation. Recognized with increased lending approval authority from $500K to $1MM. Assisted FHLMC on the affordable housing initiative, working alongside two non-profit agencies. Advocated with FHLMC and made changes to their HOME Possible program in response to feedback. Selected to present information to the RAAR membership on the new VC forms and requirements HUD adopted for their appraisals. Communicated to staff all investor updates and regulations to minimize risk for AMCORE. Show less

  • Investor Relationship Manager

    Sept 2007 - Jun 2009

  • Underwriting and Production Support Manager

    Oct 1998 - Sept 2007
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  Rockford Housing Authority

  Jun 2009 - Oct 2010

  Redevelopment Project Manager

  Manage complex community, economic, neighborhood, and redevelopment proposals involving public housing, low income tax credits or other affordable housing grants. Conduct or direct financial analysis of development projects including financial Performa's, market demand absorption statistics, rate of return required for specific types of investments, performance ratios and the evaluation of public benefit versus public cost. Assist in the sale, contract, lease and exchange of property with the private sector, public agencies and other governmental units. Prepare applications for the US Department of Housing and Urban Development for the demolition or disposition and acquisition of public housing real estate. Show less

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  Blueleaf Lending

  Oct 2010 - Aug 2022

  Operations Manager

  Manage the daily mortgage operations and performance of processing, underwriting, and post-closing functions. Provide leadership with emphasis in efficiency improvement and workflow capacity. Establish performance metrics to monitor the production group. Emphasis on service delivery and improving overall quality. Successful conversion to full mortgagee and delegated status by working with underwriting to complete FHA test cases to obtain HUD's final approval.

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  GreenState Credit Union

  Aug 2022 - now

  Vice President of Underwriting

  Manage the daily operations and performance of the underwriting department with 17 direct reports. Provide leadership with emphasis in efficiency improvement and workflow capacity. Emphasis on service delivery and improving overall quality.