Mortgage Denial/HMDA Review Specialist chez First Farmers Bank & Trust

Description

POSITION SUMMARY:

Provides support for our mortgage and loan processing workflow. Expertise in Conventional and HELOC Mortgage products requiring knowledge of departmental procedures. Review and verifies loan documents for accuracy in reporting of Denied loans HMDA per Compliance and Investor regulations. Making certain that all loans are meeting the required TRID timelines. Maintains and prepares files on each loan type and ensures that information is complete and accurate.

DUTIES:

1. Manage Denial Pipeline for TRID Compliance

2. Review presented loans for Denial

3. Manage eFolder for documentation accuracy

4. Issue Statement of Denial upon 2nd review confirmation

5. Verify/Correct HMDA Information on all loans required to report on LAR

6. Pull HMDA LAR report and review for accuracy

7. Track recorded documents and review final title policies to comply with investor regulations

8. Duties as assigned per Management

Requirements

RELATIONSHIPS/QUALIFICATIONS:

1. Responsible to the VP Director of Mortgage Operations/ LOS Administrator for the fulfillment of duties assigned

2. Must have good communication skills and the ability to work with all personnel 

3. Must possess good computer skills and time management

4. Strong working knowledge of lending policies, procedures and documentation requirements a plus

5. Previous Mortgage loan experience with general knowledge of Government Loans a plus

6. Great attention to detail

WORKING CONDITIONS:

1. Normal office environment
2. Extended viewing of computer screens
3. Moderate lifting up to 25 pounds
4. Repetitive hand and arm movement