Mortgage Loan Quality Control Supervisor
Company: Alaska USA Federal Credit Union
Posted on: May 9, 2022
Overview:Reports To: Mortgage Quality Control Compliance
Functions Supervised: Quality Control Officers in all areas
Primary Functions: Supervise and perform quality control on
mortgage and real estate loans: coordinate responses to
Duties and Responsibilities:
Supervise QC Officers performing all audit functions required for
mortgage loans as outlined in the Quality Control Policies and
procedures, and as required by investors, insurers, and regulators.
This includes review of origination, regulatory compliance,
underwriting, closing, and insurance of assigned loans.
- Review loan underwriting decisions to ensure underwriting staff
is in compliance with established policy and requirements for FHA,
VA, RD, Fannie Mae, Freddie Mac, HUD-184, AHFC, and any other
appropriate secondary market investors. Similarly review
documentation accepted to support automated underwriting decisions
for accuracy and reasonableness.
- Review management responses to QC audit findings, compile data
and prepare reports upon completion of monthly quality control
review, addressing exceptions and remedies as necessary. Prepare
all required investor quality control reports and distribute as
required; arrange internal publications of monthly Quality Control
- Provide guidance, assistance, and training to Mortgage Loan
Quality Control staff. Provide feedback and direction to management
regarding identified trends and errors. Work with management toward
improvement of mortgage loan quality.
- Work collaboratively with Production and Operations managers to
initiate changes to achieve organizational goals and enhance the
quality and efficiency of the department and products.
- Perform other duties as assigned.Qualifications:Education:
Bachelor's degree in Business Administration or management.
Creditable Experience in Lieu of Education: At least five years in
real estate lending, with at least five years underwriting
experience preferable. Advanced industry courses in real estate
Experience/Skills: Proven ability to underwrite and/or process
conventional, FHA, RD, and VA loans. Must be familiar with investor
guidelines. DE CHUMS and VA SAR designations preferred. Knowledge
and understanding of the mortgage loan closing/disbursement
process: regulatory compliance requirements; Desktop Underwriter,
Loan Prospector, and GUS.
Tenure: Not applicable
Equal Opportunity Employer
Keywords: Alaska USA Federal Credit Union, Anchorage , Mortgage Loan Quality Control Supervisor, Other , Anchorage, Alaska
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