Employment Spot
 



Find a job in your area


 

Mortgage Underwriter - Opened on 11/17

Company: CompuGain Corporation

Location: Addison, TX

Contact Information


Name: Sr. Talent Acquisition Recruiter
Apply to this job now

Job Description


Underwriter - Mortgage Industry
Opened on 11/17/2009

Founded in 2000, CompuGain is one of fastest growing IT consulting and services companies in the Washington DC area servicing industry leading financial and technical firms. CompuGain is headquartered out of Virginia with offices in Dallas and India.

 

CompuGain's mission is to provide timely, diverse, and qualified services to meet customer needs and exceed expectations. CompuGain strives to deliver innovative and effective solutions to add value to the business of our clients, enabling them to achieve high performance. In this vein, we continue to invest in the development of customized services and solutions to provide clients with the most advanced tools to achieve their critical missions effectively and efficiently.

 

 

Job Summary:

My clients a large national mortgage company seeks a long term Contract Underwriter who will be part of The National Underwriting Center (NUC) which manages loan-level quality assurance by reviewing loan files, analyzing and reporting on significant loan quality trends, and initiating necessary action(s) to mitigate losses.


 

Essential Job Functions:

•Review closed loans for eligibility with respect to my clients Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with my clients 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 my clients’ 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



Job Requirements

Must Haves/Qualifications:

•Undergraduate degree strongly preferred. Graduate degree in business, finance, accounting or related discipline preferred 

•Prefer a minimum of 7 - 10 years of underwriting experience

•Understanding of traditional mortgage origination and underwriting practices 

•In-depth knowledge of my large national mortgage companies 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) experience 

•Manual understanding experience is a must 

•Secondary Market experience is ideal 

•Need to know large national mortgage company guidelines 

•No sub – prime experience

*Targeting potential candidates with a strong understanding of manual underwriting. As well as exposure to a large mortgage company.

 

    Employment Search




    Job search by state | city | or industry

    Copyright © 1998 - 2008 Employment Spot, All Rights Reserved | Contact Us

    Resume Help    Post Retirement Jobs    Las Vegas Jobs    Myjobstream    Retail Jobs    Restaurant Service Jobs    Hospitality Jobs    Grocery Jobs    Skills Training    Freelance Jobs/Contract Jobs   
    GoingGreenJobs    Physical Therapy Jobs    Speech Therapy Jobs    Occupational Therapy Jobs    Nursing Job Resources

    College Scholarships    Local Newspapers    Jobs in Canada    Sales Recruiting    Jobs in India    Post Retirement Jobs    Salary Calculator    Oil and Gas Jobs    Real Estate    Jobs in UK    Cars    En Espanol
    Outplacement Services    50+ Lifestyle Guide    Internships    Entry Level Jobs    Talent Management    Rental Homes    Diversity    Free Career Test