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