Correspondent Post Closing Group Processor
CurrentGuaranteed FHA Streamline Refinance loans from retail between 08/10/15 to 07/01/16 in FHA Connection. Assembled FHA Case Binders for HUD with all Documentation listed in bullet points. Now, assisting management correct GNMA Audited Loans to help ensure loans re-salability on the Secondary Market. For FHA/VA/and USDA, I perform an analysis by examining the UFMIP, Principal Reduction, Down Payments, and Payment Disbursements, VA Loan Amount vs the Note Amount, VA Funding Fee Refund Requests, and Conditional Commitments for GNMA. Job duties also include…• Monitoring of FHA / VA / USDA and Escrow Holdbacks for Insuring purposes 50% of time• Bring in Principal Reductions from clients owed on past loans to balance out OPB 20% of time• Audit Mortgage Insurance Certificates, Loan Note Guarantees, Loan Guarantee Certificates, and Final Inspection 1004D Forms are properly mandated 30% of the day• Documents: Initial/Final 1003, Final HUD, Note, Deed of Trust, Credit Reports, Initial / Final 92900 A and B, Payoff Statements, 92900 LT, Escrow Account Balances, TILA, and Title Policies and Appraisals.
