Mortgage operations veteran Jennifer Fountain has joined Altavera Mortgage Services as senior vice president of due diligence.
Fountain has more than 30 years of experience in the mortgage industry. She has expertise in credit and underwriting policy, operations, due diligence, management and training. She has previously held positions with Redwood Trust, Aurora Loan Services and SunTrust Mortgage, among others.
In her new role, Fountain will spearhead Altavera’s newly expanded closed-loan file review services, which include, but are not limited to:
- Validation of product acceptability to investor guidelines;
- Review of credit decision and supporting documentation;
- Confirmation of QM/ATR requirements;
- Performance of compliance review;
- Review of appraisals and property value validation; and
- Review of closing documentation.