LORRAINE WOODS

1460 East Grovecenter Street * Covina, California 91724 *Phone: (626) 260-8559 *

OBJECTIVE
To obtain an Underwriting Management Position
PROFESSIONAL EXPERIENCE
FRONTIER BANK, FSB 7/16/10 to 1/12/2010
VP Mortgage Operations - My responsibility is to develop and support all underwr
iting/closing and salability of loans. I manage the retail/wholesale processors,
daily pipeline, ECOA, HVCC, lock expiration and NOIA tracking. I am also respon
sible for coaching employees, recruiting talent and the development of policies
and procedures.
BANK OF AMERICA HOME LOANS 8/17/07 to 5/2010
AVP; Mortgage Underwriting Manager - I managed 19 direct reports and supported 3
Managers with additional staff of 40 associates. In my position I would also ov
ersee underwriting, processors, opening team and funding team. I handled Operati
onal Metrics including quality delivery to the investor, file delivery, and serv
ice level agreements. I was responsible for coaching, staff education and develo
pment and training. I held a Level 4 authority level for more complex loan reque
sts and exceptions to policy. Responsibility for operations included load leveli
ng, staffing and recruiting. I have full knowledge of laws regulating mortgage b
anking (TIL, ECOA, and RESPA).
FIRST MAGNUS FINANCIAL CORPORATION 1/10/06 to 8/2007
Senior Underwriter - I was responsible for Front line underwriting to insure inv
estor compliance. I handled Internal and External customer service. I worked clo
sely with funding MI companies, and individual investors. I would resolve all is
sues that may arise in delay of delivery of bulk loans.
METROCITIES MORTGAGE LLC 3/1/03 to 12/28/05
Senior Underwriter - Trainer - Train processors and team leaders to achieve unde
rwriting authority. Insure compliance with company underwriting and investor gui
delines. I was responsible for underwriting offices in Pasadena, Santa Barbara a
nd Montebello.
COUNTRYWIDE HOME LOANS/Indy Mac 1/11/96 to 2/22/03
Underwriting Supervisor - Worked in Wholesale Correspondent Lending and QA Depar
tment. Responsible for overseeing the daily file flow in Underwriting including
monitoring turn times. Worked closely with Divisional and Corporate personnel as
well as junior underwriters. Reviewed all loans exception request and second si
gnature for higher loan amounts. Involved in interviewing and hiring of any new
personnel. First line underwriting and per-purchase review underwriting for Corr
espondent and Quality Assurance Department.
REFERENCES
Penny Pitts-Duyan
Doris Perez
Louis Nitinthorn
13085 Harrisburg Court
523 N. Lincoln Ave
862 Windemere Road
Chino, CA
Monterey Park, CA
San Dimas, CA 91773
(909) 721-1903
(626) 409-5391
(909) 592-3066