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Senior Underwriting Analyst 1

Senior Underwriting Analyst 1

Altisourcebangalore, India
12 hours ago
Job description

Job Description

  • Maintain a working knowledge 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

Qualifications

WHAT ABOUT YOU? You have...

  • Ability to obtain and decipher AUS findings (DU and LP)
  • 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
  • Experience working with Loan Officers, Borrowers and an active pipeline of mortgage loans.
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