| Company: | Municipal Employees Credit Union of Baltimore
Baltimore, MD |
| Job Location: |
Baltimore - Baltimore City County
|
| Employment Type: | Full Time |
| Department: | Loan Department |
Description: |
Responsible for verifying the existence and accuracy of legal documents, credit documentation and property appraisals that MECU uses to reach its underwriting decisions.
|
Duties: |
Some of the duties are as follows:
Review 1st Mortgage and Home Equity Loans in accordance with Fannie Mae.
Review DU findings, closing instructions and HUD-1 on 1st Mtg loans for compliance.
Review pre -disclosures (RESPA) on both 1st Mtg and Home Equity documentation for compliance. A thorough understanding of RESPA Laws and compliance is required to perform this task.
Re-verify the accuracy and integrity of the information used to support the lending decision for any mortgage/home equity loan selected for a quality insurance review.
|
Qualifications: |
Position requires a college degree and a minimum of two (2) years previous mortgage and home equity loan experience or equivalent combination education and experience.
Must demonstrate extensive knowledge of mortgage compliance, RESPA Regulations and Fannie Mae Third Party Lender Quality Control.
Other qualifications include:
• Demonstrated ability to develop, design and implement a PC data base utilizing software programs.
• Ability to lift over 5 lbs. And stand for long periods of time.
• Extensive knowledge in mortgage processing, servicing, and underwriting is preferred.
• Demonstrated mathematical and analytical skills a must.
• Demonstrated ability to communicate verbally and in writing required.
• Must have excellent verbal and written communication skills.
• Must have accurate typing and filing skills.
• Must be a strong team player with the ability to work under minimal supervision.
|
