Loss Mitigation Underwriter Job in Fort Worth 76161, Texas Us
SCOPE OF JOB:
Responsible for providing strategic direction for process and production efficiencies for nationwide servicing portfolio. Ensure that appropriate investor/insurer, regulatory, and state statute guidelines are adhered to. Complete a thorough analysis of loss mitigation program guidelines in determination of loss severity.
RESPONSIBILITIES:
· Interpret and implement credit policy based on investor requirements
· Minimize losses through prudent interpretation and implementation of loss mitigation procedures on delinquent loans
· Communicate loan decision to Mitigators
· Train new hire underwriters and review their consistent interpretation of investor credit policy requirements
· Distribute incoming loan files, with the purpose of prioritizing, or review by underwriting to ensure maximization of department objectives
KNOWLEDGE AND SKILLS:
· Knowledge of prudent underwriting requirements
· Good analytical, and organizations skills
· Good written oral communication skills
· Manage multiple tasks, projects and ability to prioritize task with minimal supervision
· Working knowledge of one or more mainframe mortgage servicing systems desired
EDUCATION AND EXPERIENCE:
· College degree or equivalent work experience
· 7+ years’ experience in mortgage lending or related experience
· Proficient knowledge of MS Access, Excel, Word, PowerPoint
PHYSICAL REQUIREMENTS:
· Sedentary – Primarily sitting. Walking or standing brief periods.
· Computer work at desk, as required
· Occasionally exerting up to 10 pounds of force