Underwriting Team Lead

4 weeks ago


Lewisville, Texas, United States Nationstar Mortgage LLC dba Mr. Cooper. Full time
Job Summary

As a Senior Underwriter at Mr. Cooper Group, you will play a critical role in ensuring the smooth operation of our mortgage underwriting process. You will be responsible for managing a team of underwriters, assigning new loans, and maintaining a pipeline of complex or escalated loans. Your expertise in underwriting and risk management will be essential in identifying training opportunities and developing underwriters on the team. You will also work closely with Star Support to resolve escalated files and ensure compliance with company, agency, and regulatory guidelines.

Key Responsibilities
  • Manage work flow for team of underwriters and assign new loans.
  • Manage own pipeline of files to be underwritten, generally complex or escalated loans, 30% to 50% of the time.
  • Identify training opportunities and work with training to develop and strengthen underwriters on the team.
  • Work with Star Support on escalated files to see if any resolution can be reached prior to the file being transferred to Escalation Department.
  • Responsible for monthly projections to upper management; helping to ensure that both individual and business goals are met.
  • Liaison with Sales Reps, Managers, and Upper Management.
  • Audit new underwriter files to ensure that all company, agency, and compliance guidelines are met.
  • Ensure Underwriters maintain training at a current status.
Requirements
  • Bachelor's degree with major course work in a related discipline or equivalent combination of job experience & education.
  • Minimum of 4 years of conforming and government mortgage underwriting experience in a large fulfillment or operations site (non-title/escrow company environment).
  • Current experience as it relates to RESPA 2010 changes.
  • Allowable TIL tolerance knowledge.


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