Defense Specialist

Summary:

The Defense Specialist reviews due diligence audits, whole loan sales, post funding requests, and special audits for the organization. This position will collaborate proper investor to defend Freedom Mortgage against any allocations cited by the investor. This requires verbal and written communication with both internal and external stakeholders.

Essential Job Duties and Responsibilities:

• Review/Maintain reports/respond on due diligence audits/whole loan purchases sale of Conv/ FHA/VA Loans, work closely with Compliance on issues
• Provides defense on due diligence issues when received by investors, warehouse lines, etc.
• Assist in providing any missing documentation to all investors on post funding requests
• Assist manager in monitoring trends from all requests received by the Defense Team. Must have knowledge to determine any critical concerns that must be brought to Executive Management and/or National training division
• This position is crossed trained to perform duties of the Defense Coordinator and Defense Lead
• To work directly with all investors to work to cure issues of concern and provide clarification if necessary to management and the branches
• Determine the accuracy of the deficiency sited and determine if a cure can be provided to rescind any concerns
• Communicate with Management and branch on any issues that arise that cannot be cured. Work with Management on any further actions taken.
• Assist VP Agency Defense to monitor and work with Freedom Refinance Team on loans that can be refinanced and cannot be cured.
• Assist Defense Lead in any recovery efforts with correspondents and brokers if necessary
• Assist team reviewing EPD/FPD/AOI/Correspondent loans to determine Material concerns. Report any loans to Special Investigator.
• Comply with all company policies and procedures.
• Maintain regular and punctual attendance.

Other Job Duties and Responsibilities:

Performs other related duties as assigned.

Supervisory Responsibilities:

This position is an individual contributor.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Must have a strong working knowledge of all areas of Conv, FHA and VA Manuals, including internal and external guidelines, announcements, and Mortgagee Letters in today's Mortgage Lending environment.
• They also must be proficient in Word and Excel.
• This person also must have excellent verbal and written communication skills and work with direct management
• Employee must be able to accept change easily
• Must work in an organized, independent, efficient, professional process is a must.

Education and/or Experience:

• Bachelor's Degree from a Four (4) year College or University
• Minimum of 6+ years of experience in Mortgage Banking
• Experience must include, but not limited to, extensive knowledge in mortgage loan processing, underwriting, closing, post closing, and routine compliance.

Certificates, Licenses, Registrations:

None Required

Work Complexity:

Problems and issues faced are general, and may require understanding of broader set of issues but typically are not complex. May require familiarity with the financial/mortgage (or job-specific) industry. Problems require understanding of other job areas. Problems are typically solved through drawing from prior experiences, with analysis of the issue.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Equal Employment Opportunity:

The company is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws.

Americans with Disabilities Act:

Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.

Job Responsibilities:

The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. The company may change the specific job duties with or without prior notice based on the needs of the organization.