Modifications Underwriter Specialist
About The Position
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Modification Underwriting Specialist reviews application documents received from the customer to either clear the condition or request additional missing items. As the Specialist, you will make the initial determination of a complete application to refer the file to an Underwriter. The Modification Underwriting Specialist will: Follow established guidelines to determine if the documentation is sufficient to satisfy underwriting guidelines Review should contemplate Fraud and all “red flags” addressed or escalated as appropriate Input any required information into the underwriting module accurately and within established time frames Revise underwriting conditions to communicate any stipulations to the customer in a clear and concise fashion Review Initial Package for Completeness Perform other related duties as required and assigned Demonstrate behaviors which are aligned with the organization’s desired culture and values
Requirements
- Must maintain confidentiality of sensitive information
- Strong communication skills, both verbal and written
- Excellent critical thinking, problem solving, mathematical skills and sound judgment
Nice To Haves
- Financial Services and, if possible, mortgage industry experience preferred
Responsibilities
- Follow established guidelines to determine if the documentation is sufficient to satisfy underwriting guidelines
- Review should contemplate Fraud and all “red flags” addressed or escalated as appropriate
- Input any required information into the underwriting module accurately and within established time frames
- Revise underwriting conditions to communicate any stipulations to the customer in a clear and concise fashion
- Review Initial Package for Completeness
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
Benefits
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursement
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
501-1,000 employees
