Senior UNDERWRITER - ConsultantPosted: October 29, 2009
. Review closed loans for eligibility with respect to Fannie Mae's Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with Fannie Mae's lender partners . Perform risk analysis and make decision regarding deficiencies identified during the review process . Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that are identified . Accurately record data and review conclusions in QAS (Quality Assurance System) . Professionally communicate the results of file reviews both verbally and in written format to internal and external customers . Maintain a sound knowledge of Fannie Mae guidelines, DU guidelines, and risk assessment tools used to decision mortgage loans . Maintain a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity . Undergraduate degree strongly preferred. Graduate degree in business, finance, accounting or related discipline preferred. . Prefer a minimum of 10 years of underwriting experience. . Understanding of traditional mortgage origination and underwriting practices . In-depth knowledge of Fannie Mae's underwriting and quality control guidelines; Strong analytical, problem solving, and negotiation skills. . Effective written and verbal communication/presentation skills. . Intermediate user of MS Word and MS Excel, or comparable software packages . Strong organizational skills, teamwork, and results orientation . DO NOT WANT AUS (AUTOMATED UNDERWRITING SYSTEM) EXP . MANUAL UNDERWRITING EXP IS A MUST . Secondary Market Exp is ideal . Need to know Fannie Mae and Freddie Mac guidelines . NO SUB-PRIME EXP
| Category: | Accounting/Banking/Finance/Insurance |
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> Loan Underwriting
| | Location: | Dallas, TX | | County: | Dallas County | | ZIP Code: | 75201 | | Pay Rate: | Open | | Job Terms: | full time | | Company: | Open Systems Technologies | | Phone: | Email Only | | Fax: | Email Only |
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