1. Michael V. Tracewell
9275 E Mission Lane, #207 Scottsdale, AZ 85258 | 858.692.4278 | mtracewell@live.com
Objective
To obtain a challenging position within the mortgage industry that will utilize my experience,abilities and performance
may have an impact on the company’s productivity resulting in future career advancement opportunities.
Skills & Abilities
 Customer Service
 Mortgage Loan Processor
 FHA, VA and ConventionalLoan Experience
 DU & LP Proficient
Experience
LOAN PROCESSOR / RYLAND HOME MORTGAGE COROPORATION/APRIL 2015-AUG 2015
· 20+ units funded per month.100% Purchase in a builder environment.
· Restructured loans when needed due toappraised value and various other changes in circumstance. Utilizing
secondary financing such as HELOC or traditional 2nd mortgages when necessary.
· Communicated directly with borrowers, realtors sales counselors, title, escrow and closing attorney when necessary to
ensure they were placed in a loan program that best suited their financialsituation
·
CLAIMS PROCESSOR | COGNIZANT | JULY2014 TO APRIL 2015
· Responsible for submitting information for Fannie Mae reimbursement for foreclosed loans.
· Handled all backend paperworkfor investor to pay back servicer for all services rendered.
· Work through financialqueue and handle allclaims provided for litigation and gather appropriate information for all
documentation purposes.
· Handling all inbound mortgage invoices.
LOAN PROCESSOR | BANK OF ARIZONA | DECEMBER 2012-JULY 2013
· Worked with team of newloan officers and helped ramp up business from zero funding’s to over $7M in monthly
findings.
· Restructured loans when needed due toappraised value and various other changes in circumstance.
· Processing residential, home preservation, governmentaland non-governmentalloans.
LOAN PROCESSOR | GOLDWATER BANK | AUGUST 2012 TO DECEMBER 2012
· 30+ units funded per month.
· Restructured loans when needed due toappraised value and various other changes in circumstance.
· Communicated directly with borrowers to ensure they were placed in a loan program that best suited their financial
situation
LOAN PROCESSOR/COORDINATOR | BBVA COMPASS | JANUARY 2012-MAY 2012
· Over $10M funded monthly.

2. Page 2
· Priced and locked loans.
· Worked with loan officers, realtors, title and escrow agents to efficiently close both purchase and refinance
transactions
UNDERWRITER / HOME PRESERVATION SPECIALIST | WELLS FARGO | 2009-2011
· Closed 175 loan modifications out of the 500 applications seen per year; averaged 22 approvals per month with a
quality score of at least 90%.
· Reviewed financial documents to ensure the accuracy; followed protocol to perform credit repair and / or report
fraud when necessary.
HOME MORTGAGE CONSULTANT | WELLS FARGO | 2005-2008
· Originated and funded volume of $1.5M per month.
· Brokered loans to approved lenders when necessary.
· Developed and maintained business relationships with current and previous clientele, realtors and prospects to
generate and perpetuate pipeline.
· Mitigated risk management factors to ensure salability of loan on secondary market, if required.
OPERATIONS MANAGER | THE CIT GROUP | 2001-2005
· Expanded business from initial volume of $5-$6M to over $16M in average monthly funding’s,approximating
a 200% increase within three years of employment.
· Trained and supervised up to 20 funders,processors and underwriters; kept turnover low.
· Demonstrated superior work ethic, inspiring others to do their best; gained valuable insight and achieved “go-to”
status by taking on new challenges in an ever-changing business.
· Increased quality standards by improving due diligence and audit procedures