Latrice L Escudero has over 17 years of experience in mortgage banking compliance and risk auditing. She is currently a Senior Lead Compliance Analyst at Prospect Mortgage where she is responsible for researching regulations, implementing policies and procedures, and investigating fraud cases and consumer complaints. Prior to her current role, she held various compliance and risk auditing positions at Highlands Residential Mortgage, Nationstar Mortgage, MetLife Home Loans, and JP Morgan Chase.

1. Latrice L Escudero
Sr. Risk Auditor / Sr. Compliance Analyst
817--495--2172/lescu1975@yahoo.com
Profile & Objective
Accomplished mortgage banking professional with over 17 years experience of successfully upholding
compliancy and performance standards while displaying both industry and project management
expertise in multiple positions.
Skills & Education
•Risk Management •Credit Examination Expertise
•Default Servicing / Loss Mitigation •DE Certification Underwriting
•Fraud Investigation •QC / QA Discipline Expertise
•Policy and Procedure Skills •Critical Thinking Skills
Employment Experience
Prospect Mortgage, Irving TX (2016-Present) Lead Sr. Compliance Analyst
 Senior Lead Compliance Analyst role responsible for researching, interpretation, and
guidance on all federal, and state regulations. Reporting to SVP of Compliance, and
Chief Compliance Officer in assisting, establishing and implementing policies,
procedures, and controls that satisfy regulatory requirements.
 Partnering with legal department providing oversight of issues and remediation activities
by tracking and assisting line of business with action plan and resolutions
 Responsible for advising compliance department of emerging compliance issues.
 Responsible for analyzing information on Compliance Audits and conduct Remediation.
 Responsible for monitoring and Investigating Fraud Cases and all Regulatory and Non
Regulatory consumer complaints by assessing, and identifying issues until resolved
effectively and expeditiously and adhere to corporate complaint management standards.
Including writing letters to consumers, CFPB, BBB and other federal, state and local
agencies.
 Responsible for identifying and implementing corrective action plans to branch
operations.
Highlands Residential Mortgage, Dallas TX (2015- 2016) Team Lead Compliance and QC
Auditor
 Team lead for Compliance and QC Dept. Overseen all projects for both departments.
 Responsible for reviewing and clearing all TRID related Mavent Fails, Warnings, and Errors to
result Pass prior to Closing.
 Responsible for Managing Adverse requests for all credit incomplete, credit denied, and
cancelled/withdrawn loans and ECOA requests.

2.  Conduct monthly Audits on MERS, RESPA, EPD, NMLS Call Reports, and Cancel denied
loans.
 Responsible for auditing all MSA Branch contracts, to insure correct payments are provided
 Review Target Audits on New Loan Officers, Underwriters, and Branches. Report all
deficiencies to Sr. Management.
 Responsible for Overseeing Vendor Post Close Audit reviews.
 Responsible for Overseeing Pre-Funding reviews.
Nationstar Mortgage, Irving TX (2012-2015) Risk Management Sr. Quality Control
Auditor
 Perform complete and thorough QC audit loan reviews, compliance, policy adherence and risk
analysis to identify any underwriting deficiencies to investor guidelines.
 Responsible for vendor management, including sample selections, audits, process and evaluate
monthly scorecards, and reporting.
 Analyze critical deficiencies for risk impact, and to propose cures.
 Responsible for presenting reports and analytics findings to senior management as needed.
 Perform reviews for accurate assessment of risks on variety of scopes on correspondent broker
loans for investor reporting/compliance.
 Responsible for 1st
line defense testing.
 Responsible for performing Appraisal analysis on field reviews.
 Perform audits on EPD/FPD accounts.
MetLife Home Loans, Irving TX (2010- 2012) Risk Management Sr. Underwriting
Auditor / Legal Review Analyst
 Responsible for performing credit quality assurance reviews for Internal and External
underwriters approving Retail, Wholesale, Jumbo and Government Loans.
 Responsible for performing quality control loan reviews on Early Payment Default Loans.
 Perform Legal Reviews on Foreclosed loans and provide responses as well as feedback on
external legal reviews from OCC audits.
 Review risk processes to ensure the execution of the documentation needed to protect the bank's
reputation and economic capital.
 Perform risk analysis and make decision regarding deficiencies identified during review process.
 Perform Operational Audits to monitor soundness of credit and; Identifying trends and risks to
the business.
 Ensure conformity with bank policies and investor requirements.
 Investigate potential fraudulent activity.
JP Morgan Chase, Irving TX Loss Mitigation Underwriter/ Negotiator III (2009 – 2010)
 Review and recommended short sale / settlement alternatives to homeowners’ in conjunction of
loan modification process.
 Analyze the borrower’s financial statements, tax returns, credit reports and the value of collateral
to recommend the most appropriate alternative to the customer and write up recommendations to
management.
 Ensure all investor guidelines are followed including credit analysis negotiations of borrowers’
ability to repay debt at closing.
 Review BPOs and RMV to ensure they meet the requirements of Bank procedures of sale of
properties

3.  Negotiate payoffs, settlements, and non liquidating workout programs according to company and
various investor guidelines
 Obtain third party approvals including investor and MI companies.
 Assist with training of new hires and perform other duties assigned by Loss Mitigation
 Manager, Supervisor and/or Default Loan Servicing division.
 Exercise effective problem solving skills and initiative to meet goals associated with curing
loans, settling accounts, saving charge off, etc.
Alliance Capital Mortgage, Chula Vista, CA (2005-2008) Processing Manager
 Review all loan packages for submission to underwriting for quality and consistency to expedite
the final approval process.
 Ensure that loans submitted to processing are completed with all required stipulations.
 Maintain pipeline for sourcing accounts and production reports for leads.
 Act as sales liaison and provide on going feedback to loan file quality.
 Ensure all files are in compliance with all government reporting guidelines, with emphasis on
 RESPA, HMDA, and Section 32.
 Trained and support new processors and loan officers.
Education
Kelsey Jenny Business College – Business Admin; San Diego, CA (1993 – 1995)
Technical Skills
Windows ► Microsoft Office Products ( PowerPoint , Excel, Word, Outlook, Lotus Notes)
Mortgage Servicing ►AS400/LQS/MSP ( Vendorscape, CMS, VLS, Fortracs, Oracle, LQS,
Sharepoint ) LOS Applications► Equator, Calyx­Point, Encompass, Loan Soft AUS ► DU/LP
Cogent, Kaizen