•Review and pre-decision credit, income, asset and property documentation on designated loans for compliance with PHH and investor guidelines and clearing conditions as applicable.
•Identify and work through alternatives with higher level Underwriter or Supervisor for loans that fall outside of guidelines. Demonstrate the ability to translate underwriting guidelines with application of mitigating factors, when applicable, to ensure proper salability to investors.
•Communicate and collaborate with Sales as needed to identify issues if any that may impact credit decision.
•Work effectively with internal partners ie. Underwriting and Closing.
•Review low risk flags from data alerts to clear variances.
•Monitor, communicate and work closely with 3rd party providers that affect processing the loan to completion
•Prepare, complete and obtain all necessary documentation/verifications as needed to bring loan to completion and ready for final underwriting approval
•Update processing system with verified information and add appropriate conditions as necessary.
•Meet and sustain established productivity and quality measurements
•Perform other duties as needed
Two staples of modern life -- homes and houses -- come together at PHH. The company's operations consist of PHH Vehicle Management...