Compliance Auditor 2016

Derick Thomas1130 Bear Creek Pkwy # 1212Euless, TX 76039(682)802-2840(972)[email protected]

EDUCATION North Lake College, Irving, TXPursued Associates in Business

COMPUTER SKILLS Works well in groups as well as alone to successfully problem solve. Detail oriented calm under pressure; ability to work within deadlines, proficient in Word, Excel, Office, spreadsheet. 8 plus years in Regulatory and Corporate Compliance IE: FINRA, AML, KYC, RESPA, CFPB, FCRA, HMDA, Privacy Act, TILA, ETC

EXPERIENCE

April 2015 to Present VendorPass/Nationstar MortgageHUD Final Review Analyst

Audit of Reverse Mortgage files @ 97.5% MCA or higher Review MCA, NPL, UPB balances, reverse mortgage documents, payment

plans, verify balances. Responsible for creating exceptions to cure any document issues or errors

with balances. Research and review Taxes to verify they are current Review Homeowners Insurance Policy to verify they are effective Request HUD Assignment and submit packages to HUD for

Reimbursement.

April 2014 to Feb 2015 Adecco/CorelogicCompliance Auditor

Monitor for and review changes in law and regulation affecting the various business areas;

Review outstanding policies and procedures to ensure compliance with various state and federal laws, regulations, and directives and recommend changes for improvements ;

Ongoing review/audit of all documents, letters, loss mitigation paperwork, foreclosure documents and servicing file document components to ensure accuracy and compliance with required statutes;

Provide guidance to operations in interpreting new or updated laws and regulations; work directly with audits/QC to ensure compliance related updates are incorporated into business unit's P&P and that the changes are implemented;

Tracking and logging audit/QC escalations to identify potential compliance risks and to identify if issues are systematic or isolated problems.

September 2013 to Money Gram International (contract)April/2014 Compliance Auditor II

Assist in providing work direction and prioritizing tasks/functions according to deadlines and department need

Review and escalate significant Compliance issues and activities to senior management and serve as escalation point for Compliance Analyst I matters

Review and assess new products and services for Compliance risk Filing of SAR reports Participate as Compliance delegate in Business and Compliance committees

or work groups as appropriate Determine Compliance training needs, participate in design and delivery of

training Coordinate weekly and monthly reports Research to provide thorough and accurate information Make sure that Compliance databases are kept current Provide guidance to operations in interpreting new or updated laws and

regulations; work directly with audits/QC to ensure compliance related updates are incorporated into business unit's P&P and that the changes are implemented;


April 2013 to Lenox Financial (lay off)September 2013 Loan Processor.Account Manager Work directly with Mortgage Broker’s, Account Executives, and Loan

Originators in order to gather all outstanding loan disclosures. Processed 10 to 30 loans monthly from submission to funding Work with Title Companies and Insurance agencies to correct any

discrepancies with Title Work or Home Owner’s Policies. Reviewed all loan disclosures for compliance with state and federal

regulations. Processed Change of Circumstances. Experience calculating DTI, and LTV, reviewed and uploaded Loan

Conditions. Review Credit Reports, Income and Asset documents.

October 2012 to North American Lending (contract)April 2013 Compliance Auditor

Audit FHA, VA, Conventional, and USDA Loans for compliance per TILA Generate monthly Audit Reports for shipped, declined, and purchased loans Monitor for and review changes in law and regulation affecting the various

business areas; Review outstanding policies and procedures to ensure compliance with

various state and federal laws, regulations, and directives and recommend changes for improvements ;

Ongoing review/audit of all documents, letters, loss mitigation paperwork, foreclosure documents and servicing file document components to ensure accuracy and compliance with required statutes;

Provide guidance to operations in interpreting new or updated laws and

regulations; work directly with audits/QC to ensure compliance related updates are incorporated into business unit's P&P and that the changes are implemented;


May 2012 to Robertson Anchutz Law Firm/Nationstar(contract)October 2012 Compliance Auditor

Audit FHA, VA, Conventional, and USDA Loans for compliance through use of LOS system

Generate monthly Audit Reports for shipped, declined, and purchased loans Audit GFE, TIL, 1003, prior to disclosure to borrower and after any

Changed Circumstance Work closely with Loan Originator's and Loan Officer's to clarify any

Regulatory Compliance Issues at hand Maintain, monitor, and assist with the implementation of new regulatory

and compliance requirements Develop regulatory compliance materials, compliance testing, documenting

audit results, management reporting, and working as a liaison with regulatory agencies for compliance

October 2010 to Caliber FundingMay 2012 Compliance Auditor

Audit FHA, VA, Conventional, and USDA Loans Audit GFE, TIL, 1003, prior to disclosure to borrower and after any

Changed Circumstance Work closely with Loan Originator's and Loan Officer's to clarify any

Regulatory Compliance Issues at hand Filing of SAR reports Maintain, monitor, and assist with the implementation of new regulatory

and compliance requirements Develop regulatory compliance materials, compliance testing, documenting

audit results, management reporting, and working as a liaison with regulatory agencies

May 2007 to Adecco/Bank of America(contract)October 2010 Short Sale Negotiator (Team Lead)

Processed mortgage and credit card payments, set up payment arrangements, escrow analysis

Negotiated short sales with customers in danger of foreclosure/in the process of foreclosure

Reviewed all short sale documentation, negotiated with broker and borrower on the terms of the short sale

Assisted customers with general account questions and concerns

February 2004 to Marcone Supply

May 2007 Account Manager Face to face and phone interaction with customers handling their accounts. Processed orders, Payments, Credits and Returns Sold $120,000 plus in supplies and equipment monthly Reconciled invoices.

Documents

Compliance Auditor 2016