Job Description
This is a remote position. Must be able to work PST hours.
POSITION SUMMARY
The Senior Quality Control (QC) Underwriter re-underwrites and re-verifies simple to complex mortgage loans from all origination channels to determine compliance with GSE and National MI (NMI) underwriting guidelines and NMI post-close review tolerances; prepares detailed finding descriptions to share with origination lenders; and reviews rescission rebuttals to determine outcomes and write assessments.
JOB DUTIES & RESPONSIBILITIES
- Re-underwrites and reverifies loans and grades individual components of the underwriting and the file overall; and considering the outcome of the review, applicable rescission relief principles, validation status, payment history and other factors; determines rescission relief (and rescission) implications and assigns responsibility for each finding and determines if rescission is appropriate.
- Writes a detaile...