Repurchase Auditor (Underwriter):
Research, investigate, obtain missing documents/data and re-underwrite loans without AUS systems in order to defend the original loan approval and respond to requests or demands made by Investors/Insurers/Servicers.
Also track progress and act as a liaison with Borrowers and 3
Party Reviewers/Legal resources.
DUTIES AND RESPONSIBILITIES:
Reviews, analyzes and re-underwrites the request/demand against loan file documents/data, research resources (i.e. web) and supporting origination guidelines to verify the validity of the request.
Researches missing documents, data and ancillary information in order to fully document Rebuttal responses, including contacting borrowers for documentation and/or resubmitting VOE’s, VOD’s 4506’s, etc.
Prepares/submits comprehensive Rebuttal responses and supporting documentation to the requestor.
Insures accurate updates to systems at all times to track progress, status and observations relating to requests.
Maintains an open line of communication between team members, Investors/Insurers and others departments.
Assists with preparation for and participates in (if appropriate) in pipeline status meetings and conference calls with Investors/Insurers.
Maintains an acceptable backlog and ratio of Appeals Won versus Rejected.
5+ years underwriting experience, able to re-underwrite closed loans without AUS tools.
Extensive knowledge of historical Agency/Insurer guidelines and requirements.
Excellent written and verbal communication skills
Excellent analytic, research, problem solving and negotiation skills
PulteGroup, Inc - 19 months ago