Forensic Underwriter

CrossCountry Mortgage, LLC; Northern (KY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401K

Short-term disability

Employee assistance program

Wellness program

Job summary

CrossCountry Mortgage, LLC is looking for a Forensic Underwriter to conduct in-depth forensic underwriting reviews of closed mortgage loans for compliance with agency guidelines and state/federal laws. You will identify potential fraud and coordinate corrections with the team to avoid buy-back risks.

The role requires at least five years of underwriting experience and knowledge of FNMA/FHLMC/FHA/VA/USDA guidelines, plus proficiency with Encompass and MS Office.

Qualifications

• Minimum 5 years’ underwriting experience with exposure to both manual and automated underwriting environments.
• Knowledge of FNMA, FHLMC, FHA, VA, and USDA guidelines.
• Knowledge of transaction components that indicate a potential for fraud.
• Proficient in Microsoft Office (Word, Excel, PowerPoint).

Responsibilities

• Re-underwriting closed loan files to ensure compliance with agency or lender guidelines.
• Exercise delegated lending authority to render final underwriting decisions.
• Review compliance documentation to verify adherence to federal and state laws.
• Analyze closing documents (mortgage note, CD, TRID) for proper execution and fees.
• Perform investigations to identify potential fraud using resources and verifications.
• Prepare formal written responses to agencies/investors after audits and deficiencies.
• Coordinate with legal when potential fraud is discovered and determine SAR filing.

Skills

Underwriting experience

Regulatory knowledge

Fraud awareness

Microsoft Office

Tools

Ellie Mae Encompass

MS Word

MS Excel

MS PowerPoint

Job description

## Forensic UnderwriterApplyremote type: Remotelocations: Remote USAtime type: Full timeposted on: Posted Todayjob requisition id: JR03460CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.**A culture where you can grow!** CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.**Position Overview:** The Forensic Underwriter performs in-depth forensic underwriting reviews of closed mortgage loans for compliance with government agency and/or investor specific guidelines, and with applicable state and federal laws. This position conducts reviews to identify potential fraud and/or misrepresentation from any interested party to the transaction. The Forensic Underwriter is responsible for reviewing the loan file and coordinating the correction and tracking of any deficiencies identified. The review may include a formal written response to HUD, FNMA or investor to avoid potential buy-back requests.**Job Responsibilities:** • Re-underwriting closed loan files to ensure that the loan meets agency or lender guidelines including but not limited to credit report review, income calculation, asset analysis and collateral assessment. • Exercise delegated lending authority to render final underwriting decisions, including loan approvals, suspensions, and denials, while ensuring compliance with regulatory and investor requirements. • Review compliance documentation to verify adherence with any federal and state laws. • Analyze closing documentation such as mortgage note, CD, TRID to ensure properly executed, IPCs are not excessive, and fees are within federal/state tolerances. • Perform investigations to identify potential fraud through utilization of resources or re-verification of documents such as Lexis Nexis, written/verbal verifications, etc. • Attend regular meetings to discuss defects discovered from investor delivery or investors which are causing delays in purchase of loans from warehouse lines. • Collaborate with underwriting, sales processing, etc. to cure defects that are delaying loan from being purchased from warehouse line. • Prepare formal written responses to agencies/investors in which an audit has been performed and deficiencies discovered. • Perform accurate reporting of true deficiencies discovered for training and development opportunities. • Coordinate with the legal department regarding any potential fraud discovered to determine if SAR report should be filed.**Qualifications and Skills:** • Minimum 5 years’ underwriting experience with exposure to both manual and automated underwriting environments. • Knowledge of FNMA, FHLMC, FHA, VA, and USDA guidelines. • Knowledge of transaction components that indicate a potential for fraud. • Ellie Mae Encompass experience, preferred. • Proficient in Microsoft Office (Word, Excel, PowerPoint).This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. CrossCountry Mortgage, LLC offers **MORE** than a job, we offer a career. Apply now to begin your path to success! careersatccm.comCrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com**California residents:** Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants.**CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”).** **The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.****CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit** **www.NMLSConsumerAccess.org****.**