CATHY J. MCKAY
1301 S. W. 10TH AVENUE #F204
DELRAY BEACH, FLORIDA 33444
PHONE/FAX  [Send email to request phone number] 66-7383   CELL  [Send email to request phone number] 09-2641

RESUME 

BUSINESS EXPERIENCE OVERVIEW

1986-Present
Employed in the Mortgage Banking industry in various capacities with extensive
experience in sales and secondary marketing. Recent full time employment includes
working as a commercial loan officer in a wholesale environment.  Other
employment has included work as a mortgage broker, personally licensed in
California and Florida and originating loans on a nationwide basis.  Also
participated in conducting numerous due diligence audits for the purchase and
securitization of mortgage related products in the secondary market for
lenders/investors such as Countrywide, Wells Fargo, Bear Stearns, Goldman Sachs,
and many others.  Experience covers all grades of mortgage products as well as
factoring on notes receivable and accounts receivable.

Key Skills-

-Strong sales/negotiation skills with past production levels at 10-15 closings
per month.
-Ability to work with support staff and third party sources to resolve issues
and insure a timely completion of transactions.
-Qualifying skills to include credit analysis of all types of borrowers- W2,
self employed, corporations.
-Credit evaluation to include analysis of credit reports regarding credit
scores, credit history and issues such as liens, judgments, bankruptcies, charge
offs.
-Legal review of Note/Mortgage for proper execution, notarization, endorsements,
assignments, due on sale clauses, prepayment penalties, and terms.

-Appraisal review regarding value assessment, property condition, comparable
sales, location, debt service ratio, value adjustments, and deferred maintenance
requirements.
-Title review for proper vesting, type of ownership, lien placement, or
judgments.
-Compliance review for assurance of proper adherence to Federal Laws for Section
32 requirements, Respa/Truth in Lending, APR, HUD, Right to Cancel, as well as
individual State requirements regarding fees, etc.
-Make recommendations in regard to the grade of loans reviewed and the risks
involved according to the guidelines of each investor.
-PC ability to include the use of various excel based mortgage banking programs
as well as CRM programs such as Act and Salesforce.

Available to travel and/or relocate.
Educations includes college level-Business Administration major.

Employment History

2006-2007
Various contract positions.

2005-2006
Interbay Funding LLC, division of Bayview Financial/Commercial Loan Officer-
managed client database, originate and close small commercial loans to $1,000,000
through a database of mortgage brokers located in the southeast region of the
U.S.

1999-2005
Relocated to Florida from Southern California in 1999.
Operated a net branch origination business independently as a licensed Mortgage
Broker doing business primarily in the State of Florida.  Also participated in
numerous projects on a contract basis involved in due diligence audits for the
purchase and securitization of all grades of mortgage related products on a
nationwide basis.  Assignments involved travel to project locations.  Clients has
included Bear Stearns, Goldman Sachs, Lehman Brothers, GMAC/RFC, Countrywide, and
others.




1997-1999
Pacific Prime Mortgage/Loan Officer- Originated home loans (primarily 125%
second mortgages) for the retail level of Preferred Mortgage through company
generated leads. Carried a large pipeline of transactions funding on a nationwide
basis with monthly fee generation of $50,000 to $70,000.

1995-1997
United Lending Group/Loan Officer-Originated home loans (primarily subprime) as
a broker/direct lender through company generated leads.  Carried a pipeline of
30-40 loans with 10-15 closings per month nationwide.

1992-1994
Westminster Mortgage division of Shappell Industries- Responsible for providing
mortgage financing for eleven housing developments of upscale homes in Southern
California.  Duties included credit evaluation of perspective buyers with
recommendations to upper management on acceptance of offers to purchase. 
Provided financing through various lenders or as a direct lender, and worked with
companies with executive relocation needs.

1990-1992
Mortgage Broker- Originated and closed loan transactions from client and realtor
sources through various banks and lending institutions, primarily high end
residential transactions at $500,000 and up.

1988-1990
Chase Manhattan Bank/Relationship Manager- Duties included development of
banking relationships with upscale clientele through mortgage related products,
credit evaluation and underwriting loan transactions according to Chase
guidelines.

Previous experience also includes ownership of three small sales/service
oriented businesses.