Ms. Sorensen is Vice President of National Foundation for Debt Management, Inc., a nonprofit financial education and counseling organization based in Florida.
At the Foundation, Ms. Sorensen
is primarily responsible for making recommendations regarding all corporate matters and establishing company-wide administrative objectives, policies, programs and practices to ensure the company's continued safety and soundness.
In addition to her ten years' experience in the field of financial education and counseling, Ms. Sorensen has lengthy experience in the residential mortgage industry having held various positions in retail loan production and legal/regulatory divisions.
On the loan production side, Ms. Sorensen
was responsible for the development and implementation of loan origination policy and procedure, product training and customer service.
As General Counsel and Compliance Officer, Ms. Sorensen managed regulatory compliance risks through risk assessments, loan review, compliance specific software and internal training.
In addition to conducting compliance testing and internal quality control reviews, Ms. Sorensen
regularly worked with staff to implement identified regulatory changes and correction processes for potential risks.