Bill Weber is a mortgage underwriter with over 25 years of experience underwriting residential mortgage loans. He is currently the Director of Operations at Bainesbridge/Bainesaudit, where he manages day-to-day operations including a team of underwriters, reviews loans for compliance with investor guidelines, and develops training programs. Previously he has held underwriting roles at various companies, where he was responsible for reviewing income, assets, credit, and appraisals to evaluate loan risk and ensure compliance with guidelines. He has experience underwriting both agency and non-agency loan products.

1. Bill Weber
Lubbock TX 79424
(806) 368-0308 Home
(806) 543-7515 Cell phone
Experience:
Bainesbridge/Bainesaudit Director of Operations 07/13 to present
 Manage day to day operations for production, reporting, staff and quality
 Managing a team of in-house underwriters
 Manage and train mortgage underwriters for residential business.
 Reviewing mortgage loans: paying particular attention to detail and investor guidelines.
 Overseeing loans according to different investor requirements.
 Training Employee's to measure risk and profit during the loan approval process.
 Responsible for day-to-day operations of the mortgage company.
 Developing all training programs for the company.
 Responsible for pipeline management
 Review and update policies and procedures as necessary for underwriting
Lender Live/Remote Team Lead/Underwriter 10/2011 to 07/2013
 Responsible for credit review and pre purchase review of conventional purchase & refinance
loans
 Responsible for underwriting LP/DU and Manual Underwriting
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for predicating underwriting conditions for pre/final approval, per product guidelines
 Responsible for mentoring new underwriters and reviewing loan test cases for lending authority
 Responsible for QC closed loans; QC of team for both closed (pre-purchase/initial underwrite
reviews)
Mortgage Broker Support Sr.Underwriter/Due Diligence/12/2010 to 10/2011
 Responsible for income, credit and asset analysis for both active and closed loans
 Responsible for communicating findings and writing Repurchase or Reimburse letters
 Review loans for quality assurance, misrepresentation, and risk. Analyze and report on loan
quality issues. Recommend changes. Monitor corrective actions.
 Conduct credit analyses using standard and more advanced methods and tools of aggregated
data provided by lenders, clients of the organization, or other sources of data.
 Examine risk elements of proposed deal, purchase, or existing relationship with a client and
make recommendations to management regarding continuing to closure, or additional
credit enhancements needed to make deal more acceptable.
 Research value frauds and patterns, initiate and contribute to new tools for detecting
value- related fraud. May make recommendations on pricing of products or assigning of
risk levels based on analysis of credit risk of loans, transactions, or proposed contract.
(Fraud Guard, Lexis/Nexis, MARI)
Lubbock National Bank/Sr. Underwriter/Operations Manager 07/06-10/10
 Responsible for the initial/final underwriting of conventional loans
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for reviewing final inspection reports
 Responsible for issuing underwriting conditions for final approval, per product guidelines

2.  Responsible for reviewing purchase and refinance transactions
 Supervised Mortgage Production (processors pipelines)

3. Aurora Loan Services/Underwriter/12/05-07/06
 Responsible for the initial underwriting of conventional purchase & refinance loans
 Responsible for manually underwriting A, Alt-A, flex options, conforming, 1st & 2nd
combo, jumbo loans , $1MM lending authority
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for issuing underwriting stipulations for final approval, per product guidelines
 Responsible for final approval of conventional loans
The Clayton Group/Due Diligence Underwriter-QC/06/04-08/05
 Responsible for reviewing loans with a perspective focused on independently re-verifying critical
data points
 Responsible for reviewing the borrower’s overall credit profile
 Responsible for evaluating the relevant contractual agreements to ensure each loan adheres to
the representations and warranties made by the loan seller or owner requesting
insurance coverage
 Responsible for credit and legal document review to determine loan file quality
 Responsible verifying program/product type meets audit review for salability
Bank of America/Sr. Underwriter/MI Underwriter (PMI) (Contractor)/03/03-06/04
 Responsible for the initial underwriting of conventional loans, purchase and refinance
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for reviewing final inspection reports
 Responsible for issuing underwriting stipulations for final approval, per product guidelines
 Responsible for reviewing purchase contracts
Conseco/Underwriting Operations Underwriting Manager/ 10/98-03/03
 Responsible for managing a production team of underwriter, processors & closers for B/C loans.
 Responsible for reviewing credit, income & collateral risk to insure investor requirements are
met
 Responsible for ensuring section 32 and article 50(a)(6) of TX constitution regarding home
equity loans were followed.
 Responsible for reviewing 12 day letters, contract for deeds and non arms length transactions
PMI/Sr. Underwriter/ 07/97-10/98
 Responsible for underwriting correspondent and wholesale products for 60 investors.
 Responsible for working with local brokers and correspondent lenders to ensure
underwriting quality.
 Responsible for conducting product training sessions with new and existing loan brokers
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for reviewing final inspection reports
 Responsible for issuing underwriting stipulations for final approval, per product guidelines

4. First Union/Sr. Underwriter (Contractor)/11/95-07/97
 Responsible for the initial underwriting of conventional loans
 Responsible for income, credit and asset analysis
 Responsible for appraisal analysis for proper valuation
 Responsible for reviewing final inspection reports
 Responsible for issuing underwriting stipulations for final approval, per product guidelines
GE Capital/Underwriter (Contractor)/02/95-11/95
 Responsible for verification of Assets
 Responsible for income analysis using YTD paystubs and /or tax returns
 Responsible for credit analysis
 Responsible for verification of rent and/or mortgage payments.
 Responsible for ordering and reviewing single family, 1-4 family appraisals.
 Responsible for reviewing and correcting preliminary and final title policies.
 Responsible for clearing final underwriting stipulations for loan approval.
Corinthian Home Mortgage/Underwriter/11/92-12/94
 Responsible for performing underwriting analysis for approved correspondent line.
 Responsible for assisting assigned banks to maintain loan production volume, quality &
salability.
 Responsible for reviewing credit docs, income, asset & appraisals for funding review.
 Responsible for performing VVOE’s & VOM’s to ensure fraud prevention.
 Responsible for establishing and maintaining good communication with Loan Officers