Thursday, April 01, 2010

Underwriter (Secondary) in Dallas, TX

Expert qualifications in the secondary mortgage environment. We are looking for skilled manual underwriters who have worked in a large banking firm. Candidates will be interviewed on an ongoing basis until all positions are filled. Successful candidates will be reviewing loan files, analysing and reporting on significant loan quality trends, and initiating necessary action(s) to mitigate losses. Review closed loans for eligibility with respect to Company's Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with Company'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 company 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 MANUAL UNDERWRITING EXP IS A MUST 10 years of underwriting experience. Understanding of traditional mortgage origination and underwriting practices 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 Knowledge of Fannie and Freddie guidelinesSample repurchase letter writings are required as well as background check and drug testing.


To apply: http://www.gadball.com/job/20069191/underwriter-(secondary)/?sid=18