Joseph B. Caparas
Calamba
Summary
Mortgage compliance and operations professional with 9+ years supporting post-closing loan review quality control, post-closing disclosures, and secondary marketing. Conduct compliance testing, audits, and file reviews to verify regulatory and investor documentation requirements. Identify control gaps and drive corrective actions to improve accuracy and adherence.
Overview
10
10
years of professional experience
Work History
PCQC Compliance Analyst
Nightowl Consulting Philippines
10.2024 - Current
- Conducted state examination post-closing reviews, verifying loan files met applicable requirements and contributing to regulatory compliance.
- Executed duplicate loan, appraisal variance, and ARM loan reviews, identifying documentation and compliance issues to ensure adherence to regulations.
- Reviewed jumbo loans for accuracy and completeness, ensuring compliance with established guidelines and minimising risk exposure.
- Supported compliance testing and audit activities, documented findings and identified areas needing corrective action.
- Review Regulation B (Notice of Incomplete Application) requirements and related documentation.
Compliance and Secondary Marketing Specialist
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
06.2018 - 08.2024
- Prepare monthly funded-loan and quarterly MCR/CFL reports to ensure transparency and regulatory adherence.
- Input loan fees and prepare initial disclosures with accuracy and timeliness to facilitate compliance.
- Balance fees and generate complete loan packages for funding.
- Request wires for non-delegated loans and coordinate funding requirements.
- Register loans in MERS and complete MERS transfers to investors.
- Monitor and coordinate post-closing conditions to support timely resolution.
- Distribute broker instructions and authorize disbursements for correspondent loans.
- Prepare reconciliation reports for funded loans by broker of record.
Internal Post Closer | Disclosure Specialist | VOE Specialist
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
01.2017 - 06.2018
- Conducted internal post-closing reviews of funded loan files to ensure compliance with regulatory standards.
- Inputted fees and prepared initial disclosures, ensuring alignment with established procedures.
- Verified employment through direct employer contact and ordered Written Verification of Employment (WVOE) from approved third-party providers to maintain accuracy and integrity of employment records.
Loan Set-Up
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
07.2016 - 01.2017
- Established loan files by coordinating with Loan Officers, agents, and borrowers to gather necessary information and documentation.
- Obtained credit reports from credit bureaus to assess borrower eligibility and update the Point loan origination system accordingly.
- Prepared and distributed pre-approval letters to Loan Officers and agents for potential borrowers to Loan Officers and agents.
- Developed loan scenarios using borrower information and available documentation to assist in decision-making.
- Organised and stored loan documents in shared folders to enhance file management and accessibility.
Education
Bachelor of Science - Business Administration, Major in Marketing Management
Saint Michael’s College of Laguna
01-2015
Skills
- Mortgage Loan Compliance & Quality Control
- Post-Closing Review & Audit Support
- Compliance Testing & Documentation
- Loan Disclosure & Funding Operations
- Regulation B / Notice of Incomplete Application
- Loan Documentation
- Loan Reconciliation & Reporting
- MERS Registration & Transfers
- Secondary Marketing & Investor Coordination
- Point (Calyx) LOS
- Encompass LOS
- UWM & REMN Lender Portals
Timeline
PCQC Compliance Analyst
Nightowl Consulting Philippines
10.2024 - Current
Compliance and Secondary Marketing Specialist
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
06.2018 - 08.2024
Internal Post Closer | Disclosure Specialist | VOE Specialist
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
01.2017 - 06.2018
Loan Set-Up
Allianz IQ Solutions, Inc. / Vantage IQ Solutions, Inc.
07.2016 - 01.2017
Bachelor of Science - Business Administration, Major in Marketing Management
Saint Michael’s College of Laguna