Name: Judith S Derickson

Title: Underwriter -Wholesale

Residence Address: 8841 Alderwood Way
Montgomery, Al 36117
Residence Telephone: 334-396-4268 - Cell - 334-220-5839
E-Mail Address jd473d96@westpost.net
SUMMARY Thirty years in the Mortgage Banking Business with recognized expertise
in Loan Origination, Management and Underwriting. Since 2001, I have worked as a
n Underwriter working with guidelines from FNMA, FreddieMac, MI Companies, and
Investors.
Employment:
From To Employer/Title Location
2008 04/30/2010 Walker Jackson Mortgage Corporation
Contract Underwriter- Wholesale
Underwriting Conventional loan submissions using FNMA, Freddie Mac, & investors
guidelines. On staff for 6 months and then worked as a contract underwriter. Pro
ficient in Word, Excel, Outlook, Internet and familiar with AVMs (Appentel, Core
logic and Landsafe and LexisNexis). Worked with Destiny, Mortgageware, & Loanque
st .Have used ID Direct, Interthink ( Fraud Guard). Currently working with paper
less underwriting and used SafeDocs imaged loan files. Familiar with guidelines
on single family, 2-4 units, condos, land contract, leasehold and manufactured h
ousing. Responsible for any additional investor requirements after loan was sold
to an investor. 700 Interstate Park Drive
Suite 701
Montgomery, Al
36109
Regional Manager
Judy Brooks
334-213-2700
2001 2008 PMI Mortgage Insurance Co
PMI Certified Advanced Underwriter
On site contract underwriter for Union Planters d/b/a Regions Mortgage, MIT and
Walker Jackson. Underwriting Conventional, Alt-A, Closed-End Second loan submiss
ion. Underwriting for compliance and mortgage insurance. Lending authority was $
650,000. As a Contract Underwriting I had to be familiar with many different inv
estors and agency programs and guidelines. Used many types of investigative Web
Sites. 700 Interstate Park Drive
Suite 701
Montgomery, Al
36109
1998 2000 Flagship Mortgage, LLC
Chief Executive Officer
Launched a One-Stop Shop for all facets of real estate transactions: Flagship Mo
rtgage Company, Flagship Closing Services and Flagship Inspection Co. with branc
hes in Montgomery and Prattville. Developed pro forma Budgets and Business Plans
for each operating entity. Designed logo, all advertising and created forms. De
veloped Policies and Procedures. Recruited, hired and trained personnel.
> In less than 2 years originated over $55 MM in mortgages, closed over 1,00
0 real estate transactions and over 300 homes were inspected. Montgomery, Al
No longer in business
1991 1998 MortgageAmerica, Inc
Vice-President
Opened new branch in highly competitive mortgage market. Managed operations from
origination to closing in cooperation with realtors, builders and individuals.
Managed and trained all staff and loan officers
* Made branch profitable with in first 3 months of operation.
* One of only three branches within the company approved to underwrite and close
all loans at the branch level.
* Developed $20MM - $25MM in FHA, VA & conventional mortgages each year.
* Ranked in the top 18% in profitability. Montgomery, Al
Office no longer open
1981 1991 Lomas Mortgage, USA
Second Vice President
Developed new branch. Managed operations: initial application, closing and guara
nty on closed mortgage loans. Recruited and trained all staff, controlled P&L, t
rained Realtors in finance. Developed highly successful marketing strategies. Mo
ntgomery, Al
No longer in business
1980 1981 MortgageAmerica, Inc
Loan Originator
Originated FHA, VA and Conventional Loans from Realtors and Builders. Controlled
loan application from origination to closing. Montgomery, Al
Office no longer open
EDUCATION: Attended - University of Alabama, Auburn University at Montgomery and
Huntingdon College- 1978 - Junior Standing.