JUDITH PILEGGE 2802 Peninsulas Drive, Missouri City, Texas 77459 Home: 281.835.5540 Cell: 832.687.3710 E-mail: jp1231140@westpost.

net SUMMARY OF EXPERIENCE Nonperforming Loan Analysis Mortgage Fraud Investigation Forensic Underwriting Quality Control Reviews EPD Reviews Origination Underwriting a" Manual and Automated a" Conventional, FHA and VA Loa ns Mortgage Insurance Underwriting Loan Repurchase Analysis Repurchase Claims Repurchase Claim Rebuttals Regulatory Compliance Written Analysis Reports Demand Claim Analysis Demand Claim Written Responses MLPA Contract Interpretation Seminar Development Seminar Presentation Training Risk Analysis Legal Research Management Project Management Loss Analysis Report Preparation Appraisal/Valuation Analysis Loan Restructuring Servicing Analysis Due Diligence Analysis Commercial Loan Analysis Portfolio Analysis Loan Issue Resolution PROFESSIONAL EXPERIENCE Independent Mortgage Consultant / Senior Underwriter / Auditor / Quality Control Analyst 02/1992 -08/2000; 11/2001- 06/2004; 07/2008-Present KEY CLIENTS: GE, MGIC, UGIC, SunTrust Mortgage, PNC, National City Mortgage, Uni ted Mortgage & Loan Investment Corp., Countrywide Home Loans; Roosevelt Manageme nt Group; American Mortgage Consultants; Princeton Information LLC a" FNMA; PHH aOrigination underwriter (Manual, DU and LP) and mortgage insurance underwriter for high profile national lenders pursuant to FNMA, FHLMC and investor guideline s [conforming and non-conforming] aSenior Auditor: Repurchase Claims and Rebuttals aSFD, PUD, Condo, Co-Op, 2-4 Family and Commercial Property analysis aDue diligence projects for company mergers/Acquisitions, securitization reviews , purchase of commercial and residential loans, second mortgage reviews, legal document reviews, title review s, ARM reviews, non-performing loan analysis and REO property analysis aCollateral Reviews, Quality Control, ARM, Compliance and Discrimination Audits aRTC and FDIC residential and commercial performing loan, non-performing loan an d REO project reviews aParticipated in loss mitigation process through loan modifications, loan workou ts and restructuring of defaulted loans

Assistant Vice President a" Manager; Nonperforming Loan Investigations Lead Forensic Underwriting and Fraud Analyst 07/2004 to 07/2008 Credit-Based Asset Servicing and Securitization/ C-BASS LOAN ASSET MANAGEMENT, H ouston TX *An affiliate of MGIC Investment Corporation and Radian Group, Inc *Company closed due to demise of mortgage secondary market / credit crisis Managed a 24-member team consisting of permanent and contract staff that perform ed audits for repurchases inclusive of fraud investigations and forensic underwr iting on performing and non-performing commercial and residential mortgage loans serviced by Litton Loan Servicing (subsidiary of C-BASS) and/or held in C-BASS Portfolio. Working manager who performed in-depth forensic loan examinations in clusive of mortgage fraud investigations and performed all claim rebuttals a-Re-analyzed aged claims that yielded $34 Million in recovery funds a-Prepared written and oral arguments of claim defense that yielded $125 Million in recovery funds a-Provided support to Portfolio Managers of a $50 Billion Loan Portfolio to redu ce risk exposure and implement process improvements for fraud identification a-Reduced overtime by 100% by developing strategy for detailed work plans, type of investigations, collecting of evidence in accordance with breaches of represe ntations and warrants that provided a basis for repurchase of loans under the te rms of Mortgage Loan Purchase Agreements a-Increased department production by 200% by implementing analysis and research procedures and providing directive editing of product to ensure appropriate lev els of quality, productivity and compliance a-Presented documented fraud cases to Legal Department for submission to the FBI and State Mortgage Fraud Task Forces a- Implemented the process, designed the strategy and managed the Repurchase Dem and Group for claims made against Fieldstone Mortgage, a sub-prime lender acquir ed by C-BASS oPerformed in-depth forensic examination of mortgage loan origination documents and related information oResearched and collected evidentiary information to validate the accuracy of th e loan analysis findings oComposed detailed written analysis reports with evidentiary documentation to su pport loan deficiency and/or fraudulent findings oDetermined the presence and scope of material pattern fraud oInvestigated fraud trends oDesigned and implemented training and mentoring programs for analysts oMonitored and analyzed trends regarding department performance, third party ven dor performance and tracking of referrals from other departments oProvided underwriting expertise to most complex loan files oDeveloped strategy for detailed work plans, type of investigitions and collecti ng of evidence in conformance with company review priorities oAnalyzed mortgage fraud investigative techniques and industry-standard underwri ting practices utilized to discover breaches of representations and warrants tha t provided a basis for repurchase of loans under the terms of Mortgage Loan Purc hase Agreements / Pooling and Servicing Agreements oReviewed and edited departmentas written analysis reports and related evidentia ry documentation to ensure appropriate levels of quality, productivity and compl iance oConducted expanded reviews to rebut claim denials and mortgage insurance denial s oProvided written and oral arguments of claim defense Senior Credit Risk Analyst and Senior Underwriter 09/2000 a" 10/2001 FLEET MORTGAGE CORPORATION, Columbia, SC Company closed due to acquisition by Washington Mutual

aPrepared, designed and analyzed monthly and quarterly Asset Quality Reports of Fleet's servicing portfolio utilized by Fleet's Senior Management, Fleet-Boston Bank and OCC aResearched and analyzed nonperforming loan criteria within servicing portfolio through business line reports and committees for areas of potential risk aReviewed Wholesale and Correspondent loans for agency and investor guideline ad herence aProvided conventional and government underwriting assistance for Wholesale bran ches Legal Assistant 09/1990 -02/1992 PERRY & HAMILL, Overland Park, KS aPrepared commercial real estate acquisition documentation Senior Residential Mortgage Underwriter 02/1987- 08/1990 VIRGINIA FEDERAL SAVINGS BANK, Richmond, VA aPerformed origination underwriting of credit and appraisal for FHA, VA, VHDA, F NMA/FHLMC conventional and construction loans aImplemented and prepared FHA, Compliance and Processing Lending Handbooks for p roduction, processing and underwriting staff aTrained processing staff Senior Loan Processor, Loan Closer and Originator 09/1979- 09/1983 FIRST ATLANTIC MORTGAGE aka Northwestern Bank, Raleigh, NC aProcessed and closed conventional, FHA, VA and construction loans aManaged satellite office in Goldsboro, NC aOriginated conventional and government loans at satellite office aPerformed construction loan inspections and draws Loan Officer, Loan Processor, Loan Closer 01/1977- 09/1979 UNITED FEDERAL SAVINGS AND LOAN, Raleigh, NC aOriginated, processed and closed conventional mortgage loans EDUCATION AllRegs Certificate of Completion a" FHA Underwriting July 2008 East Carolina University, Greenville, NC 08/1986 B.F.A. Environmental Design Meredith College, Raleigh, NC 08/1990 ABA Accredited Paralegal Certification: Corporate Concentration AFFILIATIONS Associate Member of Association of Certified Fraud Examiners 2006 FHA Direct Endorsement CHUMS Assigned - 1987