Underwriting Manager

Nationstar Mortgage Holdings Inc   •  

Coppell, TX

Industry: Accounting, Finance & Insurance

  •  

5 - 7 years

Posted 75 days ago

This job is no longer available.

Job Description



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JOB SUMMARY
Reviews and underwrites mortgage files to underwriting guidelines. Determines stipulations on loan files and communicates directly with branch/division personnel to resolve the stipulations. Assist other team members with files, which exceed approval guidelines and exceptions.


ESSENTIAL JOB FUNCTIONS

  • Manage underwriters to ensure mortgage loans are underwritten in compliance with underwriting guidelines and state and federal reporting guidelines (RESPA, HMDA, and Section 32).
  • Ensures underwriters are verifying all documentation with regards to: income, credit, appraisal and title information.
  • Effectively communicates required stipulations to the branch/division and assists where possible to expedite final approval of the file.
  • Promptly and accurately reviews files to issue pre-approvals, which are outside standard guidelines.
  • Ensures accurate pricing within established guidelines.
  • Reviews files, which have been appealed by the branch/division office.
  • Trains branch/division staff on underwriting and documentation requirements.
  • Approves files that are exceptions to the guidelines or in excess of supervisors’ approval authority.
  • Ensures that appraisal and title insurance is provided by an approved vendor.
  • Responsible for productivity reporting and projections as required by management.
  • Other duties as assigned.

EDUCATION / EXPERIENCE REQUIREMENTS

  • Graduation from a 4-years college or university with major course work in a discipline related to the requirements of the position. Will consider the equivalent combination of job experience and education that demonstrates the ability to perform the essential functions of the job.
  • Seven years of experience in mortgage underwriting or lending experience



Job Requisition ID:

5678