Mortgage Disclosure Specialist

OneTrust Home Loans

2d

About The Position

The Mortgage Disclosure Specialist is responsible for generating and distributing accurate and timely regulatory mortgage disclosures in compliance with federal and state regulations. This role plays a critical part in ensuring the integrity and accuracy of Loan Estimates (LEs) and Closing Disclosures (CDs).

Requirements

• 2+ years mortgage disclosure experience in residential lending.
• Strong understanding of TRID, TILA/RESPA and other federal/state mortgage regulations.
• Demonstrated computer skills in word processing, spreadsheet, and electronic mail software.
• Strong communication and interpersonal skills, and a high level of professional integrity.
• Maintains a positive, helpful, constructive attitude and work relationship with co-workers and supervisor.
• Strong time management and organizational skills in a dynamic, constantly changing environment.
• Attention to detail and quality focused.

Nice To Haves

• Encompass experience preferred.

Responsibilities

• Accurately prepare and issue Loan Estimates (LEs), ensuring they reflect verified loan terms and fee data.
• Disclose initial and revised disclosures promptly, ensuring compliance with regulatory requirements.
• Review and confirm the accuracy of fees, loan terms, and borrower information before disclosure.
• Timely disclose initial and revised disclosures in strict compliance with regulatory guidelines, including TRID.
• Generate revised disclosures by validating Changes of Circumstance (COC) in alignment with regulatory standards.
• Assess fee variations to determine TRID tolerance thresholds and compliance with applicable change rules.
• Proactively identify and escalate potential regulatory compliance risks or discrepancies.
• Review and address Mavent compliance alerts, Fails and warnings directing concerns to appropriate team members.
• Ensure all specific disclosure requirements are evaluated and met based on loan scenario and borrower profile.
• Coordinate with processors, loan officers and underwriters to resolve discrepancies.
• Maintain current knowledge of mortgage industry regulations, compliance mandates, and disclosure best practices.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed