Insurance Underwriting Job Careers-TCS MumbaiJuly 28th, 2010 Posted by VFreshers
Job Position : US Mortgage Underwriters
No of Openings : 30
Experience : 1 – 3 Years
Job Location : Mumbai, Mumbai Suburbs
Job Responsibilities :
- To 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.
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.
- Review of legal documents to ensure the accuracy & completeness.
- US Mortgage Underwriting background. To be able to perform the following functions:
- Good Analytical skills, Flexible (Willingness to work in night shift), Knowledge of MS Office, eye for detail
Apply : Email ur cv to firstname.lastname@example.org
Email Subject : Profiles from vfreshers.com