Audit Resolution Underwriter

Overview

The Audit Resolution Underwriter is responsible for reviewing and responding to Quality Assurance and Quality Control findings promptly, utilizing all relevant agency and internal company guidelines for post-purchase correspondent loans. This role ensures that purchased loans meet investor and regulatory standards, minimizing risk exposure and supporting overall loan quality. The ideal candidate will have a strong background in credit analysis, risk management, and financial due diligence, ensuring loan decisioning aligns with company policies and regulatory requirements. Interaction on various platforms with multiple levels within the organization and external partners is critical.

This is a hybrid position, reporting to our office in Horsham, PA, three days per week. This position offers a competitive pay range, an annual bonus, benefits starting on day one, and a company-matched 401(k) plan.

Responsibilities

• Conduct a review of Credit-related QA or QC findings and compare them to the loan file to determine whether the issue is accurate.
• Satisfactorily dispute the inaccurate underwriting deficiencies with appropriate documentation and explanation.
• Contact lenders via e-mail to obtain the necessary documentation to cure deficiencies.
• Respond to the QA department with correct documentation and explanation. Must be able to validate that the information provided is likely to clear the deficiency and communicate the decision process effectively.
• Able to work within established timelines.
• Management reporting and participation in monthly meetings regarding loan quality.
• Review targeted loans for potential misrepresentation and communicate results with internal team members.
• Interact with the internal Fraud risk management team on elevated loan issues.
• Prepare daily reports identifying high-risk loans based on current fraud trends.
• Strong underwriting skills are needed to identify loans that do not meet investor requirements due to occupancy, income, credit, or asset misrepresentation.
• Written and verbal communication regarding suspected loan misrepresentation.
• Participate in vendor meetings regarding identifying misrepresentation.
• Review investors' repurchase requests and re-examine the loan to determine the validity of the request.
• Review and respond to investor audits. Ability to learn a variety of different software programs utilized by the vendors to submit responses.
• Keep informed of investor and company underwriting changes.
  
  

Qualifications

• Bachelor's degree in finance, business, or a related field preferred (equivalent work experience will be considered)
• 5 years of mortgage lending experience, with at least 3 years in mortgage underwriting and post-purchase loan reviews
• In-depth knowledge of mortgage lending guidelines, regulatory requirements, and investor standards (e.g., FHA, VA, FNMA, FHLMC)
• Strong analytical and problem-solving skills with keen attention to detail
• Excellent written and verbal communication skills, with the ability to clearly articulate findings to various stakeholders
• Ability to interpret credit reports, income documents, appraisals, and loan files with accuracy
• Industry certifications (e.g., DE, SAR, LAPP) are a plus
  
  

Lakeview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed based on merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.