Mortgage Compliance & Quality Control Analyst

UNMB Home Loans Inc.; Town of Hempstead (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

UNMB Home Loans Inc. seeks a Mortgage Quality Control Analyst to strengthen compliance across mortgage operations. You will monitor regulations, perform pre- and post-closing audits, and validate data to prevent misrepresentations and defects.

The role requires familiarity with Fannie/Freddie guidelines, regulatory laws, and the ability to manage multiple audits, collaborate with teams, and maintain the Quality Control Manual.

Qualifications

• Bachelor's Degree Required

Responsibilities

• Conducts Pre-closing audits of mortgage loans, identifying deficiencies related to agency, investor, or internal requirements, to prevent closing with significant defects such as misrepresentation, inaccurate data or inadequate documentation.
• Conducts Post closing audits mortgage loans, identifying deficiencies related to agency, investor, regulatory, or internal requirements, to identify defects in the loan manufacturing process from which actionable remediation plans are implemented.
• Completes independent calculation and analysis of key aspects of mortgage file, including but not limited to, compliance requirements, loan-to-value and debt-to-income ratios, employment/income, assets, credit, liabilities, and collateral.
• Completes independent unbiased validation and re-verification of data/documentation relied upon during the loan decision, including when necessary, ordering desk and field review appraisals.
• Evaluates decision made by origination underwriter and completion of other required items attributable to various business units, including but not limited to processing and closing
• Assist in conducting monthly compliance audits to determine violations of procedure or law in areas such as ECOA and Fair Lending, TILA, FDCPA, FCRA, EFTA, TCPA, UDAAP, SCRA, BSA/AML and OFAC, and GBLA.
• Responsible for the annual maintenance and updating of Quality Control Manual to align with industry standards and regulatory updates from HUD, USDA, VA, and GSE Agencies, including Fannie Mae and Freddie Mac
• Manage, perform, or outsource all government insuring/guarantee requirements.

Job description

UNMB Home Loans Inc. seeks a Mortgage Quality Control Analyst to strengthen compliance across mortgage operations. You will monitor regulations, perform pre- and post-closing audits, and validate data to prevent misrepresentations and defects.

The role requires familiarity with Fannie/Freddie guidelines, regulatory laws, and the ability to manage multiple audits, collaborate with teams, and maintain the Quality Control Manual.