MICHAEL SHAPIRO 3332 N. LaVergne Ave Chicago, IL Home Cell

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1 SUNMMARY MICHAEL SHAPIRO 3332 N. LaVergne Ave Chicago, IL Home Cell years in the Mortgage/Banking industry with experience in FNMA, FHLMC, and FHA/VA guidelines and procedures. Experience working with FNMA, FHLMC, and (HUD/FHA/VA) sub-prime, Retail, Secondary Market, Wholesale and Correspondent lending retail. Knowledge of underwriting procedures, creditor financial analysis techniques and investor requirements with conventional and government loans. Knowledge of LP, DU systems as well as the FHA/VA loan requirements. Experience in supervising fellow loan officers, processors and communicating credit or program changes. Experience with examinations to maintain compliance with policies, laws, regulations, and corporate and banking objectives. Able to act as a liaison between clients and operations/sales with a large pipeline of home loans. Proficient with Microsoft Office (Word, Excel, Mail Merge and Outlook). Created an Instant Loan Approval System in LIBERTY MORTGAGE (New) ( Commercial Loans NMLS LICENCED LOAN OFFICER License # /2014 t0 Present 12/2012 to Present LOAN MODIFICATION PROCESSOR 12/2012 to Present Entered and completed loan applications on the MAKE HOME AFFORDABLE form. Ordered credit reports from Credco. Requested required documentation from borrowers just like a first mortgage and then submitted to the loan Servicer for modification.. E-85 TAXI - The Green Cab, (Owner) - Forest Park, Illinois 03/2009 to 10/2011 Taxi Driver (See Attached Article) LAKEVIEW MORTGAGE - Chicago, Illinois 01/2008 to 03/2009 Senior Loan Officer Approve loans within specified limits, and refer loan applications outside those limits to management for approval. Meet with applicants to obtain information for loan applications and to answer questions about the process. Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans. Explain to customers the different types of loans and credit options that are available, as well as the terms of those services. Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information. Review and update credit and loan files. PEOPLES CHOICE MORTGAGE - Chicago, Illinois 01/2006 to 01/2008 Senior Loan Officer Approve loans within specified limits, and refer loan applications outside those limits to management for approval. Meet with applicants to obtain information for loan applications and to answer questions about the process. Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans. Explain to customers the different types of loans and credit options that are available, as well as the terms of those services. Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information. Review and update credit and loan files.

2 WRIGHT MORTGAGE SERVICES - Largo, Florida 03/2003 to 01/2006 Owner Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines. Pre-underwrote all loans before submitting to lenders and run DU approvals. Maintained daily pipeline and reports. SOLUTIONS FUNDING Oakbrook Terrace, Illinois 09/2001 to 3/2003 Wholesale Representative / Account Executive Developed and maintaining long-term and productive relationships with mortgage brokers. Soliciting and managing self generated leads, as well as referrals from current client base. Maintaining sales actives reports throughout the sales process. Provide outstanding levels in production. Coordinate and execute presentations to new clients and maintain the audience s interest in the presentation. Execute all phases of the loan process to meet client s needs and ability to get tough exceptions from the underwriting department, which includes structuring loans in the field that meet companies underwriting guidelines. Act as liaison between company and the broker throughout all phases of the loan process. MILLENNIUM FUNDING Westmont, Illinois 01/2000 to 09/2001 Senior Loan Officer Approve loans within specified limits, and refer loan applications outside those limits to management for approval. Meet with applicants to obtain information for loan applications and to answer questions about the process. Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans. Explain to customers the different types of loans and credit options that are available, as well as the terms of those services. Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information. Review and update credit and loan files. ALLIANCE MORTGAGE Villa Park, Illinois 01/1997 to 01/2000 Operations Manager Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines.

3 Pre-underwrote all loans before submitting to lenders and run DU approvals. Maintained daily pipeline and reports. GREAT LAKES MORTGAGE Lombard, Illinois 03/1994 to 01/1997 Owner Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines. Pre-underwrote all loans before submitting to lenders and run DU approvals. Maintained daily pipeline and reports. INTERSTATE FINANCIAL GROUP - Chicago, Illinois 03/1991 to 03/1994 Partner (Operations Manager) Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines. Pre-underwrote all loans before submitting to lenders and run DU approvals. Maintained daily pipeline and reports.

4 LIBERTY MORTGAGE - Chicago, Illinois. 01/1986 to 03/1991 Partner (Operations Manager) Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines. Pre-underwrote all loans before submitting to lenders and run DU approvals. Maintained daily pipeline and reports. NORTHERN CONTINENT CAPITAL FUNDS - Chicago, Illinois. 04/1981 to 01/1986 Operations Manager (Partner) 1 st Processing Mortgage Broker in Illinois: Perform underwriting and processing for Conventional and government loans adhering to Fannie/Freddie guidelines. Pre-underwrote all loans before submitting to lenders. Maintained daily pipeline and reports One of the original founders of Northern Continent Capital Funds, Ltd and one of the first four mortgage brokers representing "Sunkist", (American Savings and Loan), in the Chicago market. Sunkist made mortgage history when they introduced 12.0% interest rates while the rest of the market was at 16.0%. NCCF was their 1 st Processing Broker because they, Sunkist, couldn t process the loans fast enough. NCCF was the 1 st processing broker in the state of Illinois. Then came; 1. MIDCO Mortgage 2. Great Lakes Mortgage 3. First Western Mortgage We were the first four processing brokers in the mortgage business.

5 2. Mortgage Banker Northern Continent Capital Funds, Ltd. then became a Mortgage Banker and funded over $100 million dollars in loans through its warehousing lines of credit. 3. Developed First Complete Software Package that Worked (Written up in National Mortgage Broker Magazine) In 1984, Northern Continent started writing a software program which helped revolutionize the mortgage industry. In 1985, the Northern Continent Capital Funds chief programmer went to work for Citicorp, and was assigned to a project called "Mortgage Power." The second generation of software which NCCF wrote in 1984 in UNIX and in the C language was unrivaled in the mortgage industry in spite of the "rush to write mortgage software". It allowed the Realtors to get an Instant Loan Approval from their terminals. One of Northern Continent Capital's clients spent over $125,000 for the equipment to utilize the software concept. Today, similar equipment would cost about $5, (See Attached Article)

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