U.S Mortgage Underwriter

3 weeks ago


india Talentgigs Full time

JOB TITLE: Due Diligence Underwriter

Role - Mortgage Underwriter

Location - Chennai

Shift - 9:30AM - 6:30PM

Exp: 6months - 2yrs



DESCRIPTION:

The Due Diligence Underwriter will be responsible for assessing residential mortgage loans for adherence to investor criteria including but not limited to those criteria stipulated by the nationally recognized statistical rating organizations for third party review of residential mortgage loans. This assessment will encompass aspects of data quality, credit decisioning, regulatory compliance, fraud screening, propertyvaluations and servicing history.


DUTIES:

Essential duties shall include but not necessarily be limited to:

Loan File Inventory: ensuring residential mortgageloan packages containall necessary documentation required to formulate a complete assessment.

Credit Review: assess all elementsof the credit decisioning process undertaken to approve the loan including underwriting guidelines, income calculation and validation of assets.

Fraud Review: review the credit package and related backgroundsearch on mortgage loan borrowers to identify potential fraud risks.

Property Valuation Review: review appraisals and alternative value products for conformity to client specified requirements to assess accuracy of the property valuation.

Legal Doc Review: assess all legal documents included in residential mortgage loan files to ensure proper execution, enforceability, and sufficiency for title perfection.

Regulatory Compliance Review: gather regulatory compliance data elements from the loan file for capturein the due diligence review system.

Servicing History Review: review the servicing history of residential mortgage loans by assessing payment histories and servicing commentary in a manner consistent with client requirements.

Credit Risk Grading: leveraging the utility of the due diligencereview system, assess loan quality grades based on client specifications and standards set forth within applicable credit rating agencygrading criteria.


QUALIFICATIONS:

Required Education and Experience:

Essential Skills: Essential to successin this role as a Due DiligenceMortgage Underwriter, the candidate must satisfy the following requirements:

Experience: minimum 1-3 years underwriting residential mortgageloans with demonstrable proficiency in understanding underwriting guidelines and an understanding of mortgage loan regulatory compliance

Computer Skills: strong background with the use of computerprograms used to manufacture or review mortgageloans and standardknowledge of MicrosoftOffice productsuite.


Desirable Attributes:

Candidates demonstrating the following attributes will have an increased chance of success in the role:

Servicing review experience.

Familiarity with credit rating agency review standards.

Strong written communication skills.

Bachelor’s degree preferred.

Soft skills : time management, thoughtfulness, reason, and problem solving, and professional communication.



  • India Optimar Consulting Full time

    **Roles & Responsibilities** - Responsible for underwriting complete product offerings including automated and manual underwriting of mortgage loans. - Demonstrate sound judgment in the analysis of required documentation while mitigating organization risk through appropriate decision making. - In depth knowledge of all legal, compliance, regulatory and...


  • India Optimar Consulting Full time

    Roles & Responsibilities Responsible for underwriting complete product offerings including automated and manual underwriting of mortgage loans. Demonstrate sound judgment in the analysis of required documentation while mitigating organization risk through appropriate decision making. In depth knowledge of all legal, compliance, regulatory and investor...

  • Senior Underwriter

    3 weeks ago


    india MOZAIQ LLC Full time

    We are seeking an experienced US Mortgage Underwriter to join our team. The ideal candidate will play a crucial role in the mortgage loan process by evaluating and analyzing loan applications to ensure they meet established guidelines and standards. The position requires a thorough understanding of mortgage underwriting principles and excellent...


  • India Better Full time

    Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable.Our company is made up of driven, passionate people who bring their unique backgrounds and...


  • India Better Full time

    Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable. Our company is made up of driven, passionate people who bring their unique backgrounds and...


  • india Better Full time

    Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable. Our company is made up of driven, passionate people who bring their unique backgrounds and...


  • India Better Full time

    Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable.Our company is made up of driven, passionate people who bring their unique backgrounds and...


  • India Rezzy Full time

    Job Description Rezzy Mortgage is seeking a dedicated and experienced Senior Mortgage Processor to join our dynamic team. As a Senior Mortgage Processor, you will play a critical role in managing and ensuring the efficiency of our mortgage processing pipeline. Your meticulous attention to detail and deep understanding of mortgage guidelines will be crucial...


  • India Better Full time

    Founded in 2016, Better is a digital-first homeownership company whose services include mortgage, real estate, title, and homeowners insurance. We leverage creative technology and innovation to make the homebuying journey more approachable and understandable.Our company is made up of driven, passionate people who bring their unique backgrounds and...


  • india Infosys BPM Full time

    Job Description: Experience 5-8 Years, Minimum 1 year as a Team Lead. Should have minimum 48 months of Underwriting/Re-underwriting residential Mortgage loans in Conventional, FHA & VA loans (Government) products. At least 24 months of people management experience Familiar with standard mortgage concepts, practices, and procedures within a particular field....


  • india The Progress Shed Full time

    Job Description  Seeking a Talented Mortgage Adviser! Are you passionate about helping people achieve their dream of homeownership? Do you possess expert knowledge in mortgage products and regulations? Are you a dynamic Mortgage Adviser to join our team and make a difference in the lives of their clients who are predominately first time buyers. Key...


  • india The Progress Shed Full time

    Job Description  Seeking a Talented Mortgage Adviser! Are you passionate about helping people achieve their dream of homeownership? Do you possess expert knowledge in mortgage products and regulations? Are you a dynamic Mortgage Adviser to join our team and make a difference in the lives of their clients who are predominately first time buyers. Key...


  • india Rezzy Full time

    Job Description Rezzy Mortgage is seeking a dedicated and experienced Senior Mortgage Processor to join our dynamic team. As a Senior Mortgage Processor, you will play a critical role in managing and ensuring the efficiency of our mortgage processing pipeline. Your meticulous attention to detail and deep understanding of mortgage guidelines will be crucial...

  • Mortgage Adviser

    1 month ago


    india The Progress Shed Full time

    Job Description  Seeking a Talented Mortgage Adviser! Are you passionate about helping people achieve their dream of homeownership? Do you possess expert knowledge in mortgage products and regulations? Are you a dynamic Mortgage Adviser to join our team and make a difference in the lives of our clients.Key Responsibilities:Provide personalised mortgage...


  • India Optimar Consulting Full time

    **Department: Mortgage** **Summary**: To provide support in the Post-Closing Department to ensure that loan files are audited, shipped and sold to secondary investors in a timely manner. **Essential Duties and Responsibilities**: - Ensure timely and independent loan file auditing when files are received in the Post Closing Department. - Review signed...


  • India Optimar Consulting Full time

    Department: MortgageSummary:To provide support in the Post-Closing Department to ensure that loan files are audited, shipped and sold to secondary investors in a timely manner.Essential Duties and Responsibilities: Ensure timely and independent loan file auditing when files are received in the Post Closing Department. Review signed settlement documents for...

  • IT Business Analyst

    3 weeks ago


    india Talentgigs Full time

    Role - Business Analyst Domain - Mortgage Location - Chennai Job Description: Business Analyst - Mortgage Domain Position Overview: We are seeking an experienced Business Analyst with a strong background in the mortgage domain to join our dynamic team. The ideal candidate should possess at least 5 years of hands-on experience in mortgage-related...


  • india 2coms Full time

    Job Description Opening for Associate/ Senior Associate (Loan Origination & Servicing) Leading MNC-PuneExp- 2+ Years Location-PuneCTC-6 LShift- US ShiftNotice- Immediate Joiner OnlyJob Description-Essential...


  • india 2coms Full time

    Job Description Opening for Associate/ Senior Associate (Loan Origination) Leading MNC-PuneExp- 2+ Years Location-PuneCTC-6 LShift- US ShiftNotice- Immediate Joiner OnlyJob Description-Essential...


  • india FinacPlus Full time

    Manager – US Mortgage Loan Processing and Closing We provide virtual business process services to various types of overseas clients and this position is to be part of the team which provides Mortgage Loan Processing Services to USA clients from Mortgage Lending industry. Position Overview: As a Manager – US Mortgage Loan Processing, you will play a...