Single Family Underwriter Senior

Freddie Mac
McLean, VA
Apr 19, 2017
May 16, 2017
Full Time
Position Overview
This position ensures the quality and integrity of underwriting decisions and processes. This includes investigation, tracking, reporting and working across divisional lines to achieve resolution of issues, as well as ongoing consultation.

Responsibilities include:

* Completing full loan file quality control underwriting review to cover all aspects of credit, capacity and collateral to determine investment quality and alignment with credit philosophy
* Requesting missing documentation necessary to complete the underwriting review
* Issuing repurchase letters to customers when defects are discovered in the loan file
* Validating delivery data in Freddie Mac systems
* Providing quality control guidance to Freddie Mac seller/servicers
* Proactively identifying and monitoring adverse trends and report findings
* Developing strong relationships with assigned customer base
* Participating in customer management to include meetings, summary reporting, and conference calls
* Maximizing seller quality performance and Freddie Mac underwriting performance by working closely with internal Business Partners to assist with Seller/Servicer management and reviews
* Evaluating and redesigning quality assurance and risk management practices as needed and providing resolutions to an extensive range of complicated problems. The Candidates solutions will be innovative, thorough, and practicable
* Working under limited direction and independently determining and developing an approach to solutions. The Candidate’s work is evaluated upon completion for adequacy in satisfying objectives and represents the organization as the principal customer contact on contracts and often performs in a project leadership role

Basic Requirements
* 5-7 years of recent mortgage underwriting experience
* College Degree or equivalent work experience.
* Ability to work well in a team environment and create a positive attitude within the team
* Ability to follow existing processes, yet challenge those processes when appropriate
* Must be self-motivated and able to perform investigative processes
* Strong repurchase and appeal letter writing skills

Preferred Skills
* Excel experience preferred.

Closing Statement
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. Freddie Mac is an equal opportunity and top diversity employer. EOE, M/F/D/V.