Magda Medrano

Magda Medrano is currently the Investor Reporting/Cashiering Manager at Village Capital & Investment. Prior to this, they served as Cashiering supervisor at Dovenmuehle Mortgage, Inc. from April 2018 to January 2019. From October 2002 to May 2017, Magda was with Finance of America Mortgage LLC as the Cash Management Supervisor where they were responsible for CASH - Balance disbursement report for Tax, Hazard, MI and Refunds. Magda also processed payoff req. based on state guidelines, mailed out refunds, and sent Original collateral docs to borrower's on PIF loans. In addition, Magda was responsible for SECONDARY MARKETING - Preparing and uploading Daily Rate Sheet. Completing locks, lock extensions, pricing request for internal staff/Brokers. Locking loans with investors and securing lock confirmations. Answering rate lock related inquiries. Providing list of committed loans to the Shipping Department for sale of loans. And finally, SHIPPING/POST CLOSING - Registering funded loans in MERS. Scanning and Stacking loan files for lender auditing review. Reconciling outstanding conditions to complete loan sales.

Magda Medrano received a high school diploma in general studies from Bell Gardens High School.

They are on a team with Roman Terrazas - Payoff Supervisor, Jorge Corral - Collection Campaign Manager, and Jared A. Knudson - Default Operations Manager. Their manager is Roby Reser-Crow, Loan Servicing Operations Manager.