Mortgage Underwriting Specialist
1 week ago
About the Role
We are seeking an experienced Mortgage Underwriting Analyst to join our team at Altisource.
Job Description
The successful candidate will be responsible for reviewing mortgage loan documents, ensuring compliance with regulatory and client guidelines, and maintaining a working knowledge of US Mortgage Originations closing procedures.
Key Responsibilities:
- Maintain a thorough understanding of US Mortgage Originations closing procedures, federal and state lending laws
- Interpret state rules, statute laws, federal regulations & investor guidelines and apply them to specific loans
- Review mortgage loan documents (closing and disclosures) in the loan file
- Review loan file for compliance with all regulatory and client's guidelines/overlays
- Audit the file from a closing & compliance standpoint on a daily basis and note any exceptions. Assess risk and review for Frauds and Red Flags
- Audit closed loan disclosures and signed loan documents
- Effectively communicate with US based Underwriters/Clients & SMEs to ensure quality output
What You Will Get:
- Competitive salary: ₹ 800,000 - ₹ 1,200,000 per year
- Comprehensive insurance plans: Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees
- Wellness Programs: Onsite doctor support, Psychologist, Counselor, Onsite health checkup camps etc.
- 10 paid holidays, plus 26 paid days off per year
- Lots of employee engagement activities both offsite and onsite
About Us
Altisource is committed to exceeding customer expectations, energizing people, empowering innovation, acting with integrity, winning as a team, enriching communities, and embracing our core values.
Requirements
To be successful in this role, you should have experience in full origination mortgage processing, loan set up, loan documentation, closing, title, quality assurance, compliance, underwriting, or assisting with conventional first mortgage loan products.
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