Mortgage Loan Processor

The Correspondent Quality Auditor plays an important role in the organization by performing a number of activities related to the company’s correspondent lending functions. The role is primarily responsible, under general supervision, for performing quality assurance reviews to ensure mortgage loan processes and documents comply with applicable requirements, guidelines, and business standards. Must haves 1 year if experience in a mortgage lending role ESSENTIAL FUNCTIONS Identify and resolve issues/errors in pre-funding of loan file review, and take corrective action to bring loans in compliance as needed. Support the purchase of mortgage loans by examining them for accuracy, completeness, and compliance with policies, internal requirements, investor and third-party management standards, and regulatory requirements. Perform risk assessments on loans to detect errors and omissions; identify and elevate potential fraud and violations. Verify that required information and data related to risks and issues are clearly documented and that proper procedures are followed for corrections and exceptions. Provide recommendations for changes and stop-gaps to help increase efficiencies and/or reduce errors. Review and interpret loan information; input necessary data into electronic compliance software system. Perform other duties as assigned. Additional Qualifications In-depth knowledge of the overall consumer mortgage lending process (loan inception through closing), various types of mortgage products, and the supporting documentation that affects Prior experience working with investor and third-party manager requirements preferred. Strong verbal and written communication skills. Ability to manage multiple priorities; strong detail orientation and highly organized. Works with a strong sense of urgency and responsiveness. #J-18808-Ljbffr Insight Global