
VP, Quality Control, Compliance, Licensing at Ace Mortgage Funding, LLC
Indianapolis, Indiana Area

VP, Quality Control, Compliance, Licensing at Ace Mortgage Funding, LLC
Indianapolis, Indiana Area
Mortgage Executive with substantial experience in dealing with State Audits and examiners, and all forms of licensing for Brokers, Lenders and Loan Officers. DE Underwriter. 6 Years of Loan Origination Experience, and 6 Years of Quality Control/Compliance Experience.
* Deciphering State Statutes into meaningful required actions,
* Dealing with State Examiners
* Creating Policies, Procedures, and Processes
* Creating and Updating Required State and Federal Mortgage disclosures
* Ensuring maximum potential usage of Calyx Point
* Review of Appraisals
* Review of marketing material to ensure compliance with State and Federal requirements.
(Privately Held; 501-1000 employees; Financial Services industry)
December 2002 — Present (6 years 1 month)
Manage Quality Control, Compliance, and Licensing Staff
-Manage monthly QC and compliance reviews, prepare monthly management reports regarding findings of analysis; including recommended corrective action and training.
-Complete and coordinate internal and external audits, federal and state examinations related to origination, and licensing.
-Review apparent fraudulent loan files and report findings to management.
-Review of investor repurchase requests and respond within required time frame.
-Monitor and maintain full range of multi-state banking licensure
- Complete and manage all documentation and information related to licensure.
- Consult on and monitor federal/state regulatory guidelines relating to mortgage banking, mortgage brokerage, and institutional lending and monitor credit policy, risk assessments, loan audits
- Ensure timely licensing of Loan Officers
- All State Licenses renewed in a timely manner, and reports distributed as needed
(Financial Services industry)
2000 — 2002 (2 years)
(Financial Services industry)
2000 — 2000 (less than a year)
(Public Company; Financial Services industry)
1996 — 2000 (4 years)
(Financial Services industry)
1995 — 1996 (1 year)
BS, Finance, International Economics, 1991 — 1995
Participated in IU Dance Marathon helping to benefit Riley's Children Hospital
1987 — 1991
Phi Kappa Psi - Indiana Beta, LTB, Mortgage Industry
* DE Underwriter