Disclosure Specialist

Linthicum Heights, MD
Feb 16, 2021
Feb 25, 2021
Accountant, IT
Full Time
Job Description Description: The Disclosure Analyst reviews the loan file in Encompass for accuracy and compliance, as well as prepares the Loan Estimate and supporting loan package for the Loan Originator to send to the borrower. The incumbent is also required to assist the compliance department with enforcing new policies and procedures. The Disclosure Analyst acts as a final filter; only allowing files that meet standards to pass. Essential Job Functions: * Remote Disclosure Analyst would be supporting the West Coast team * Employee can sit anywhere in the US, but would work west coast hours (equivalent 9am-5pm) Specific tasks will include, but are not limited to, the following: Review loan files upon request from sales staff for compliance with Fed/State/Investor requirements. Prepare accurate disclosure package and create clear disclosure history for future users of loan file. Provide exceptional customer service to Disclosure Desk users in e-mail and telephone response. Learn and understand our client's loan programs, systems, policies and processes in order to recognize errors and perform accurate job tasks. Review files in Encompass to make sure everything meets program and compliance guidelines. Identify and verify any changes in the loan from the initial signed disclosures to current loan terms are a result of a valid changed circumstance. Run compliance software to test for Federal and NFM Fee and APR tolerance conformity, state fee testing, GSE, FHA, and VA conformity. Review file disclosures for completeness and accuracy and complete tracking screens according to set forth guidelines. Communicate to the originator any required changes based off of review of file and/or initial disclosures. Prepare the initial and re-disclosure packages. Verify Loan Originator's loan originators license status. Monitor Disclosure conditions on Underwriters approval. Run fraud prevention software on loans during audit process. Ensure loan file doesn't contain any fraudulent documents or misrepresentation. Skills: Disclosures, Encompass, Loan pipelines, closing disclosures, Loans, Appraisal, Closing, Mortgage Top Skills Details: Encompass Loan Pipelines Disclosure Additional Skills & Qualifications: Clearly communicates via e-mail and phone conversations with Disclosure Desk users. Work with Management on compliance changes and coordinate updates and feedback to the branches and originators when needed. Ensure efficient turnaround time for reviewing and preparing disclosures. Effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service driven environment. This position may require occasional overtime and travel. Additional tasks as assigned. Experience Level: Intermediate Level About Aerotek: We know that a company's success starts with its employees. We also know that an individual's success starts with the right career opportunity. As a Best of Staffing® Client and Talent leader, Aerotek's people-focused approach yields competitive advantage for our clients and rewarding careers for our contract employees. Since 1983, Aerotek has grown to become a leader in recruiting and staffing services. With more than 250 non-franchised offices, Aerotek's 8,000 internal employees serve more than 300,000 contract employees and 18,000 clients every year. Aerotek is an Allegis Group company, the global leader in talent solutions. Learn more at Aerotek.com. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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