Corporate Underwriting Analyst

Plaza Home Mortgage, Inc.•San Diego, CA

6h•$31 - $36•Remote

About The Position

This Corporate Underwriting Analyst works effectively with the divisions, corporate personnel, third parties and investors so that suspended loans are cleared and purchased within the required time frame to minimize undue expense to the organization. The role is responsible for providing support to the Underwriting department and division associates, by driving increased knowledge, as well as analysis of process, tools, and loan review.

Requirements

High School diploma or GED equivalent required
5+ years experience in Mortgage Banking/Underwriting
Experience with Desktop Underwriter and Loan Prospector underwriting systems required
Familiarity with all loan origination and closing documents required
Strong knowledge of agency, non-agency and investor underwriting guidelines including FHA, VA, USDA, DSCR, nonQM and Jumbo products
Knowledge of mortgage regulatory compliance required
Excellent oral, written, and interpersonal communication skills
Experience writing rebuttal arguments to agencies and investors on audit findings
Excellent research, analytical, and organizational skills
Ability to manage time, multi-task, prioritize work in a high paced environment with time sensitive deadlines
Ability to learn quickly and train others in all underwriting aspects of mortgage lending
Ability to maintain confidentiality
Exceptional attention to detail
Solid commitment to customer and associate service
Outstanding problem-solving ability
Proven aptitude to work productively in both a team and individual environment
Independent judgment skills essential to make decisions within written policy and standard operating procedures
Proficient knowledge of MS Office (Word, Excel, Access, Power Point, and Outlook)

Nice To Haves

Knowledge of loan collateral delivery processs a plus
Knowledge of Integra a plus

Responsibilities

Acts as a liaison with investors on post-closing issues as a primary member of the investor suspense team.
Checks daily preparation and distribution of investor suspense pipeline report, to include outstanding investor suspense items from all investor sites and removal of purchased loans.
Collaborates with the divisions and leadership to remedy defects, as needed, within required turn around times.
Oversees the procurement of documentation necessary to satisfy suspense notices and post-closing audits as required.
Validates all documentation received for relevancy in regard to the satisfying of the pertinent defect finding.
Prepares accurate and well written rebuttals to investors and agencies to cure or refute defect findings.
Monitors shipped loans until settlement to ensure timely suspense notification or purchase of the loan.
Assists in training and reporting as defect trends arise.
Identifies process gaps and opportunities within underwriting and operations.
Assists additional internal departments as needed in curing post-closing audit findings including the procurement of documentation as needed from third parties.
Maintains a working knowledge of all loan programs and guidelines.
Escalates issues as needed by communicating directly with divisions, corporate personnel, and investors.
Assists with writing and/or updating Policy and Procedures.
Reconciles second review reports as needed.