Mortgage Underwriters for Litigation Support

Employer
The Oakleaf Group, LLC
Location
Chevy Chase, MD
Posted
Mar 20, 2017
Closes
Mar 22, 2017
Function
Accountant, IT
Hours
Full Time
The Oakleaf Group has immediate positions available for Mortgage Underwriters for Litigation support. As a member of The Oakleaf Group team, you will have an exciting and challenging opportunities. We bring depth of experience to a wide range of highly satisfied clients, delivering trusted advice along with regulatory and compliance strategies. Do you possess the talent and dedication to be part of our growing team? The ideal candidates will have a minimum of 6 years' experience in residential mortgage loan Due Diligence and/or Frontline Underwriting. Essentials for this position are the ability to perform forensic re-underwriting reviews and analysis of credit reports, title documents, the ability to recalculate income and assets according to varying business rules, an extensive knowledge of residential appraisal deficiencies according to USPAP, as well as previous experience in using industry 3rd party tools to identify various forms of misrepresentation. Candidates will be considered who have achieved a high level of expertise in these areas in addition to a level of writing proficiency sufficient to adequately and precisely summarize their analysis and findings for our clients. Company OverviewThe Oakleaf Group is a growing boutique consulting firm with offices in Chevy Chase, MD, Bethesda, MD and New York, NY. Our people are our greatest assets and our company culture is grounded on that belief. Our goal is to thrill our clients and challenge and reward our employees. As a member of the Oakleaf team, you will have an exciting opportunity to work with emerging technology, modernize financial applications, and grow in a friendly workplace where you can work independently and collaboratively. In this position the ideal candidate will work to solve complex "hot topic" issues currently faced by the financial services industry. We bring depth of experience to a wide range of highly satisfied clients, delivering trusted advice along with quantitative, technology, regulatory, and operations strategies. Do you possess the talent and dedication to be part of our growing team?The Oakleaf Group is a growing boutique consulting firm headquartered in Chevy Chase, MD. Our people are our greatest assets and our company culture is grounded on that belief. We offer challenging and interesting work in a friendly and supportive environment..Review previously underwritten loan files to determine compliance with lender credit underwriting guidelines and representations and warranties and to ensure an investment quality loan product.Review re-verified loan documentation and post-closing servicing documentation for evidence of misrepresentation in the original loan submission.Accurately and efficiently maintain a pipeline of loan file audit/review inventory, meet production requirements, and communicate status to management.Compile findings into a summarized report with attending exhibits.May be asked to research and analyze data to assist management in identifying trends and anomalies which can be utilized by the client to achieve their goals. Bachelor's degree in related field or equivalent current professional experience.Minimum 6 plus years of residential mortgage underwriting experience with knowledge of private/investor/Alt-A/ Subprime industry guidelines, Fannie Mae/Freddie Mac guidelines as well as understanding of DU, LP and private label Automated underwriting engines. Strong written and oral communication skills.Analytical ability with an aptitude for figures.Ability to work professionally as part of a team servicing an external client.Ability to work efficiently and effectively under specific time constraints. Proficiency in Salesforce, Excel, and Word a plus, but not an essential. Third party candidates will not be considered for this position. The Oakleaf Group is an equal opportunity employer. Applicants are considered for positions without regard to race, religion, gender, native origin, age, disability, or any other category protected by applicable federal, state, or local laws.