Mortgage HMDA Specialist

FitzGerald Financial Group - Division of TowneBank Mortgage•Norfolk, VA

5d•Onsite

About The Position

The Mortgage HMDA Specialist audits closed and cancelled loan packages to ensure HMDA compliance reporting is accurate.

Has excellent written and verbal communication skills
Has strong attention to detail
Is able to work under pressure and in an ever-changing regulatory environment
Is able to meet deadlines
Has a high-level of expertise in Microsoft Excel and Word software and overall computer proficiency

Processing and performing reviews of non-originated loans to ensure compliance with Reg. B, Fair Credit Reporting Act and Consumer Compliance Regulations, and determine that the correct action was taken in the loan decision.
Utilizing and managing daily workflow through reporting and Encompass pipeline views/dashboards.
Assist in pipeline management using Encompass pipeline views
Perform loan-level HMDA compliance reviews on closed loans to ensure LOS (Encompass) matches source documentation.
Document all findings and provide meaningful information regarding loan file exceptions.
Reviewing and processing Pre-Qualification Adverse Action Notices to ensure disclosure compliance, logging, and on-time delivery
Processing "Notice of Incomplete” letters to ensure timely delivery and cancellation
Assist with mailing duties for Adverse Action Notices
Conduct target audits as requested by management and provide Team Lead and Manager status reports as requested.
Understand and maintain knowledge of federal requirements and continue to remain current with any updates or changes in procedures.
Review 20 files a day with a minimum of errors
Maintain confidentiality
Other duties as needed.
Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML), including the Bank Secrecy Act (BSA).