Direct client requirement – Ram@fabergent.com
One of my client located at Dallas(TX) is looking for a Loan Organizer. This would be a contract job for 6 Months+.
Below is the complete job description for your review. If you are interested, send your resume to ram(at)Fabergent(dot)com.
For quick consideration, do not change the subject line.
· Conduct difficult investigations of suspected or alleged mortgage fraud, including fraud related to the origination, processing and underwriting of loans, and sale and servicing of a loan or REO property.
· Advise management of significant findings.
· Personally conduct important investigations requiring application of new approaches in the field. Implement optimum solutions considering remediation opportunities and industry trends regarding mortgage fraud schemes.
· Assess and discern relevant patterns in mortgage fraud tips and investigations.
· Conduct research and analyses on national issues. Report findings.
· Prepare investigative reports.
· Perform case investigations at the loan level. We have case investigations open and potential fraudulent loans identified that fit a pattern of behavior or a tip received. The investigator reviews the loan files and verifies data (income, employment, assets, debts, occupancy, appraisal data), identifies and follows up on red flags for fraud, conducts research utilizing industry vendor products (i.e. Lexis Nexis, Real Quest, Tri-Merge Credit Report Vendor, The Work Number, etc and other free internet searches of county records, company web pages, etc) and also conducts phone interviews. Typically a pattern of fraudulent behavior is suspected on a group of loans based on either geography or parties to the transactions. The individual loan files are reviewed, findings summarized, and significant findings letters drafted for potential remediation (repurchase or make-whole) with the client Seller.
· Applications/systems the contractor will work on: Primarily file reviews in QAS as well as Internet Research. Heavy use of Lexis-Nexis and other vendor tools. We also have access to various other client systems for research purposes.
Must have skills:
· Knowledge of loan files and risk assessment (e.g. underwriting or quality control), red flag identification skills, advanced investigative/research skills. Lexis Nexis experience.
Preferred skills, but not required:
· Fraud investigation skills, other industry tool knowledge (The Work Number, Real Quest, etc)
Relevant experience:
· Typically we require 8 years of experience.
· The typical candidate will have experience in loan origination (quality control, underwriting) and have experience in fraud investigation. We ask our permanent hires to have experience expert experience in 2 of 3 areas: origination, servicing/REO or multifamily/commercial as well as advanced investigative skills. The primary need here is for origination with some potential for servicing file reviews. We will keep the multifamily/commercial and REO with our existing staff.
· Skilled at writing investigation summaries. Skilled at writing significant findings letters utilizing templates based on the issue
For more requirements visit : www.ramatfabergent.blogspot.com || Ram – 701-526-3400 || 63, Ramapo Valley Road, Suite 214. Mahwah, NJ 07430.