Correspondent Team Lead Job in Irving, Texas US
Reference Code: 11045667
Location: Irving, TX, USA
Education Level: High School Diploma/GED
Description
Leads a team of 4 to 6 Underwriting Advocates and 6 Senior Loan Specialists. Is responsible to train and mentor the staff on all parts of the mortgage process. Will need to receive their underwriting signature authority within the first 6 months of employment. This position is responsible for answering the most complex underwriting / closing / processing questions incoming from clients, account executives, and internal co-workers. They must be proficient with Fannie, Freddie, HUD, and CitiMortgage Guidelines, including how those effect Automated Underwriting Systems - DU / LP. Also most be proficient with RESPA / TIL and other regulatory procedures and practices. They work hand and hand with the ownership, management, and line underwriters of our clients to answer questions, train on difficult underwriting processes, review and explain Agency and CMI policies. Is the first step in the Escalation Process for all Loan Level Issues. Expected to not only know how to underwrite difficult scenarios, but also able to explain in detail the "how's" and "why's" to other underwriters / underwriting management with complete confidence and professionalism. Responsible and accountable for all decisions rendered. Must be able to quote "chapter and verse" agency guidelines without the need to research. Responsible for incoming call queue, emails, and work flows.