This position is responsible for Connective mortgage pricing, loan pipeline management and mortgage loan sales supporting all whole loan residential purchases by AIG. In addition, the position is accountable for internal AIG investor relationships and best execution analysis. Reports to AMG Head of Residential Mortgage Lending / Portfolio Management with dotted line to United Guaranty EVP Chief Strategy Officer.
Manages the mortgage loan secondary market operations, including the operations of lock desk.
Responsible for establishing and maintaining policies, procedures and methodologies for pricing, rate modeling and best execution analysis.
Manages mortgage loan pipeline risk.
Manages the integrity of the data inputs and outflows from the secondary marketing functions, including rate locks, rate re-locks, pipeline data and purchased loan data.
Manages analyst responsible for day to day lock desk operations.
Responsible for working with parent company and investor to set lender approval standards, credit policy and seller guidelines.
About United Guaranty
United Guaranty Corporation and its subsidiaries provide innovative, quality risk solutions that help mortgage lenders remain competitive while generating a profitable and responsible book of business for their stakeholders. Products include first-lien private mortgage insurance – most notably Performance Premium,® our industry-leading risk-based pricing option – and a suite of loan analysis and risk management tools. Distribution channels include national and regional mortgage bankers, credit unions and community banks, and builder-owned and Internet-sourced lenders. United Guaranty was established in Greensboro, North Carolina, in 1963 and has been a company of American International Group, Inc. (AIG) since 1981.