Mortgage Frontline Underwriter - Remote

Company: Cayuse Holdings
Location: Los Angeles
Posted on: September 17, 2020

Job Description:

Cayuse Commercial Services (CCS) delivers fresh solutions to business challenges in the technology and business services environment. Services available are application development, business process outsourcing, data services, and professional services. Cayuse helps clients to achieve impactful outcomes such as improved efficiency, reduced cost, increased profitability, and accelerated time to market.

Position Summary:

Perform Frontline Underwriting on conventional Mortgage loans. Review and clear stipulations/conditions on loans underwritten. Interact with clients to ensure quality service and on-time delivery of work product. Be up to date with FANNIE MAE, FREDDIE MAC guidelines, LQI, Dodd-Frank, TRID, and other necessary requirements and changes in states and federal regulations, as well as regulatory and investor requirements related to underwriting.

The position is a Remote/ Work-from-home opportunity.

Responsibilities:

Perform timely initial loan submissions and subsequent loan conditions. Average 3-4 new underwrites and conditions in a workday

Analyze loan documents (Income, Credit, Asset, Appraisal/Collateral Reports, Disclosures, Title Reports, Insurance Documents, Fraud Prevention Tools/Products, Purchase Contract, and any loan documentation in the loan approval process) for accuracy and completeness to deliver a valid credit decision

Reconcile loan documents/data in client loan origination systems and Stonehill proprietary system for accuracy, completeness, ensuring all required documents and conditions are received

Review and clear stipulations/conditions on loans underwritten

Communicate directly with clients or affiliates to understand and clear stipulations/conditions

Responsible for providing documentation and/or rebuttals to investors for any repurchase issues on client files

Assure compliance with policies and procedures outlined in the investor guides, contractual obligations, as well as state and federal regulations and regulatory requirements

Maintain current knowledge of all conventional underwriting guidelines for agencies, private investors/portfolio guidelines, and current appraisal independence standards (HVCC/Dodd-Frank) guidelines

Respond to client inquiries in a timely manner and as directed by supervisor

Maintain company turn time expectations for completion and reporting

Handle multiple tasks and prioritize workloads

Conduct all activities in a professional manner

Adhere to the companies "Core Values"

Other duties and responsibilities as assigned

Required Minimum Qualifications:

5 years of conventional Mortgage Frontline Underwriting experience

DE, SAR/LAPP and/or NMLS certification preferred

Proficient in loan origination systems Encompass, Calyx Point, and Mortgagebot

High level of proficiency with AUS systems (DU and LP) required

Previous experience and knowledge of commonly-used concepts, practices and procedures within mortgage lending

Intermediate level user of Microsoft Word and Excel

Excellent written and verbal communication skills

College Degree or equivalent work-related experience, and High School Diploma or equivalency required

As an equal opportunity employer, Cayuse Commercial Services is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact our Operations Department at (541) 278-8200 for assistance.

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Keywords: Cayuse Holdings, Los Angeles , Mortgage Frontline Underwriter - Remote, Other , Los Angeles, California