Disclosure Specialist

AmeriHome Mortgage•Dallas, TX

About The Position

As a Disclosure Specialist you'll manage loan disclosures, track deadlines and audit files for accuracy to ensure compliance with regulations. You'll ensure all loan disclosures are accurate, complete and provided with the required timeframe which adheres to regulations like Equal Credit Opportunity Act (ECOA) and Home Mortgage Disclosure Act (HMDA). Audit loan files for completeness and accuracy, reviewing for potential errors or discrepancies that could lead to re-disclosures. Prepare and deliver various loan disclosures, including the Loan Estimate (LE) and Closing Disclosure (CD), ensuring all fees and pricing are accurate. Track disclosures that need to be sent, monitor workflow pipelines, and ensure that all requirements are being met. Monitor Change of Circumstance requests and ensure re-disclosures and COC notices are in compliance and issued within required timeframes. Maintain efficient levels of service and comply with regulatory timelines associated with the completion and dissemination of loan disclosures. Prepare Post Consummation Closing Disclosure (PCCD), ensure all fees are accurate and that all fee variances are cured. Process adverse action loans and audit them for ECOA and HMDA compliance. Request and forward refund checks to borrower with PCCD. Identify potential risk areas and implement strategies to mitigate them and maintain compliance.

Requirements

1+ years of related experience in Residential Mortgage Lending or similar field
High school diploma required
Entry level knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services
Entry level knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
Entry level knowledge of TILA-RESPA Integrated Disclosures (TRID) Loan Estimates/Closing Disclosure Requirements
Entry level experience with Encompass
Intermediate speaking and writing communication skills

Responsibilities

Manage loan disclosures
Track deadlines
Audit files for accuracy to ensure compliance with regulations
Ensure all loan disclosures are accurate, complete and provided with the required timeframe which adheres to regulations like Equal Credit Opportunity Act (ECOA) and Home Mortgage Disclosure Act (HMDA)
Audit loan files for completeness and accuracy, reviewing for potential errors or discrepancies that could lead to re-disclosures
Prepare and deliver various loan disclosures, including the Loan Estimate (LE) and Closing Disclosure (CD), ensuring all fees and pricing are accurate
Track disclosures that need to be sent, monitor workflow pipelines, and ensure that all requirements are being met
Monitor Change of Circumstance requests and ensure re-disclosures and COC notices are in compliance and issued within required timeframes
Maintain efficient levels of service and comply with regulatory timelines associated with the completion and dissemination of loan disclosures
Prepare Post Consummation Closing Disclosure (PCCD), ensure all fees are accurate and that all fee variances are cured
Process adverse action loans and audit them for ECOA and HMDA compliance
Request and forward refund checks to borrower with PCCD
Identify potential risk areas and implement strategies to mitigate them and maintain compliance