Underwriter
Listing Info
Total number of openings: 10
The National Underwriting Center (NUC) manages Client's loan-level quality assurance by reviewing loan files, analyzing and reporting on significant loan quality trends, and initiating necessary action's) to mitigate losses.
Review closed loans for eligibility with respect to Client s Selling Guide, DU Guide, and/or negotiated terms as defined by contracts with Client s lender partners
Perform risk analysis and make decision regarding deficiencies identified during the review process
Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that are identified
Accurately record data and review conclusions in QAS (Quality Assurance System)
Professionally communicate the results of file reviews both verbally and in written format to internal and external customers
Maintain a sound knowledge of Client guidelines, DU guidelines, and risk assessment tools used to decision mortgage loans
Maintain a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity
Undergraduate degree strongly preferred. Graduate degree in business, finance, accounting or related discipline preferred.
Prefer a minimum of 10 years of underwriting experience.
Understanding of traditional mortgage origination and underwriting practices
In-depth knowledge of Client s underwriting and quality control guidelines; Strong analytical, problem solving, and negotiation skills.
Effective written and verbal communication/presentation skills.
Intermediate user of MS Word and MS Excel, or comparable software packages
Strong organizational skills, teamwork, and results orientation
MANUAL UNDERWRITING EXP IS A MUST - 'AUS/DU' only Underwriters need not apply
Secondary Market Exp is ideal
Need to know Client and Freddie Mac guidelines
SUB-PRIME OR ALT A only Underwriters need not apply
Targeting contractors with strong manual underwriting skills and large company experience.
Princeton Information is one of the nation's top five privately-held IT consulting firms, in business since 1985. Princeton Information services a clientele of primarily Fortune 500 companies nationwide. With annual revenues over $120 million, Princeton Information operates across the US from multiple regional offices.
Our Commitment To Our Consultants
As a privately held company, Princeton Information is solely committed to the success of clients and consultants - not to any shareholders. PI's success is grounded in the relationships we build with our consultants. We seek the best people; provide career path counseling; as well as the most challenging opportunities in business and in IT. As part of its culture of loyalty and commitment to its consultants, Princeton Information is committed to doing all we can to ensure our consultants have the best possible search, placement and work experience possible.
Our Services
Working with one Princeton Recruiter will gain you access to over 500 open requirements with the top clients in the US across all industries (finance, insurance, pharmaceutical, commercial, telecom, media, manufacturing) nationwide. Our local recruiters have in-depth knowledge of our clients and opportunities. They will work with you to find you the best possible opportunities for you and your career.
Our Relationships
Our relationships with our clients, as well as our consultants, are critical to our success! We have a robust sales organization that ensures that Princeton has the inside track on what attributes a person needs in order to be successfully placed and engaged at our clients. We know the technical and non-technical skills that our clients are looking for and we ensure that you are educated about the client prior to your interview with them. Princeton is committed to going above and beyond to ensure that each meeting you have with a client is a successful one!
Requirements
(UNDERWRITER over 8.0 year(s) ) AND (RISK OR REVIEW ) AND(MORTGAGE COMPANIES ) AND (MANUAL UNDERWRITING )