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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Senior Analyst • bangalore, India
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