Job Description
Overview
To examine and evaluate real estate lending documents associated with subordination requests, collateral changes, decedent processing, Successor in Interest validation, home equity line of credit (HELOC) freeze appeals, and homeowner's association (HOA)/condominium amendment reviews. Review, research and analyze related court notices and title matters. May serve as subject matter expert (SME) to other business areas regarding collateral risk. Work under guided supervision.
Responsibilities
+ Research, respond, and track moderately complex inquiries related to collateral risk
+ Monitor first mortgage and equity loan guidelines and procedures to ensure compliance with government sponsored enterprise (GSE) such as Fannie Mae and Freddie Mac, Navy Federal Credit Union (NFCU), and National Credit Union Administration (NCUA)
+ Identify risk exposures to control and mitigate financial loss from first mortgage and equity collateral transa...
To examine and evaluate real estate lending documents associated with subordination requests, collateral changes, decedent processing, Successor in Interest validation, home equity line of credit (HELOC) freeze appeals, and homeowner's association (HOA)/condominium amendment reviews. Review, research and analyze related court notices and title matters. May serve as subject matter expert (SME) to other business areas regarding collateral risk. Work under guided supervision.
Responsibilities
+ Research, respond, and track moderately complex inquiries related to collateral risk
+ Monitor first mortgage and equity loan guidelines and procedures to ensure compliance with government sponsored enterprise (GSE) such as Fannie Mae and Freddie Mac, Navy Federal Credit Union (NFCU), and National Credit Union Administration (NCUA)
+ Identify risk exposures to control and mitigate financial loss from first mortgage and equity collateral transa...