Mortgage Underwriter Collaborator

3 weeks ago


Bengaluru, Karnataka, India Altisource Full time

Job Description

We are seeking a skilled professional to join our team as a Senior Analyst, Collateral.

Must have minimum 1 year experience in core US mortgage residential underwriting. Candidate must have a strong knowledge of mortgage loan documents, federal and state lending laws, and investor guidelines (FNMA, FHLMC, FHA, VA and USDA).

Responsibilities

  • Maintain a working knowledge of US Mortgage Originations closing procedures.
  • Interpret investor guidelines and apply them to specific loans.
  • Review all property documents for accuracy and completeness.
  • Ensure the property is structurally sound, meets agency guidelines & client overlays and determine the soundness and accuracy of the property appraisal report.
  • Review the title & insurance documents to ensure sufficient coverage and all encumbrances, clauses on title have been adequately addressed.
  • Audit the property documents from a salability standpoint daily and note any exceptions. Assess risk and review for Frauds and Red Flags.

Qualifications

The ideal candidate must have:

Bachelor's degree

A strong knowledge of mortgage loan documents.



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