KEY JOB FUNCTIONS
Assist team in reviewing loans for quality assurance, misrepresentation, and risk related to credit, collateral, and data accuracy. May communicate loan defects to lenders and stakeholders.
Ensure compliance with the firm's eligibility requirements and underwriting standards. Assist the team to identify potential fraud and investigate methods of resolving issues.
Review work for compliance with internal underwriting standards and quality assurance, and assist the team to analyze and report on loan quality issues.
Review outstanding repurchases and work with lenders to resolve complicated repurchase or make whole requests. Assist team to investigate lender responses and rebuttals to resolve significant issues. May analyze acceptance of repurchase alternatives to offset risk.
Collaborate with team to identify lender challenges.
Minimum 10 years underwriting experience
Familiarity with TRID/Closing Disclosures
Strong written and verbal communication skills
Ability to summarize analysis of work
Working Knowledge of MS Word and Excel