Job Type

full-time

Posted

14 days ago

Location

Description

Role: Mortgage Underwriter

Location : Remote 

Job Description

  • Zo Validate that a prospective mortgagor’s loan application adheres to the Lenders and the Investors (Freddie or Fannie Mae’s) guidelines to approve the loan
  • To do a Post Close audit of prime and equity loans, primarily the audit of the Underwriters.
  • Ensure achievement of goals set on a consistent basis. The goals would be team as well as individual goals that
    are set on a yearly/monthly/daily basis.
  • Ensure Processing of all applications received within the committed TAT, keeping in mind the expected
    productivity & accuracy levels.

Knowledge/Experience: 

 

  • US Mortgage Underwriting background. To be able to perform the following functions:
  • Evaluation of loan documentation to approve/deny the loan.
  • Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the lender.
  • Validating that a prospective mortgagor’s loan application adheres to the Freddie or Fannie Mae’s guidelines to
  • approve the loan.
  • Credit analysis based on borrower’s Capital, Income/employment, Credit history and Collateral to determine the
  • credit worthiness of a customer.
  • Post funding audit of prime and equity loans, primarily the audit of the Underwriters.
  • Review full package of documents and audit the file abiding by the policies and guidelines of the lender in order to sell the loan to the investor. Ensure the file does not have any discrepancies or errors which would make the loan
  • un-saleable.


Thanks & Regards

Vasanth.X
Talent Acquisition Group - North America
TATA CONSULTANCY SERVICES  || www.tcs.com
Mailto: Vasanth.x@tcs.com


About the Company

Tata Consultancy Services

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services.

At TCS, we service a wide range of industry verticals, technology platforms, and business functions. This multifarious exposure provides you with growth opportunities at every step of your career. TCS lets you draw upon its superlative treasure of experience and expertise to add to yours.

A part of the Tata group, India’s largest industrial conglomerate, TCS has over 276,000 of the world’s best-trained consultants in 44 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com

Company Size

10,000 employees or more

Industry

Computer/IT Services

Founded

1968

Website

http://www.tcs.com