Mortgage Compliance Auditor

Dallas, TX, USA | Full-time | Partially remote

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Evolve Mortgage Services is a leading provider of outsourced mortgage solutions with the company’s roots going back over 25 years. Evolve’s experience is unequaled in the industry and have helped hundreds of clients dramatically grow and scale their mortgage sector. At Evolve we work side by side with mortgage lenders, banks, and credit unions to help them close more mortgage loans and reduce overhead while remaining Adaptable, Reliable, Cohesive and Seamless in those efforts. Evolve is looking for a detailed, critical thinking candidate to embody our core values, and join our Compliance Team. The right candidate will perform comprehensive due diligence reviews of closed loan mortgage files to ensure compliance with federal, state and agency regulatory guidelines, as well as data capture for delivery of loans. 

 

 

Essential Job Duties and Responsibilities: 

·        The compliance auditor accesses loans that are uploaded to Evolve Mortgage Services proprietary system (CLDD) and reviews a set of loans each day according to an established capacity.  The auditor follows a specific flow of audit checklist items in order to analyze each document in the loan file for the purpose of identifying potential defects that will effect investor purchase and delivery.  All disclosure, credit and legal documents from application to closing legal docs are reviewed.

·        Any identified loan defects are logged in detail in Evolve Mortgage Services proprietary system for the purpose of publishing to appropriate client purchaser so that the loan may be brought to compliance.

·        Specified data fields are captured by the auditor in Evolve Mortgage Services proprietary system (CLDD) according the loan documents and loan characteristics, which are used to compile data sets for various client contracted data services, such as ULDD delivery, and HMDA.

·        The compliance auditor addresses internal follow-up questions, audit findings, and data findings feedback pertaining to his/her own reviews if identified by EVOLVE MORTGAGE SERVICES or EVOLVE MORTGAGE SERVICES client for purpose of training.

·        Compliance auditor attends scheduled continued training and audit update meetings, typically via web and phone.

Qualifications, Skills and Education

·        3-5 years of recent residential mortgage experience in processing, closing/funding, compliance

·        Experience with Conventional, FHA, VA, USDA, ARM, and CEMA products

·        Knowledge of federal regulations including TRID, TILA, HOEPA, ECOA, FCRA, HMDA

·        specific knowledge of mortgage loan documents including loan application, disclosures, loan estimate, change of circumstance, closing disclosure, aus (du/lp/gus), credit report, appraisal, flood HAZARD, MORTGAGE insurance note, mortgage, and all closing legal documents.

·        proficiency with Microsoft word, excel, and data entry skills.

·        Auditor must possess strong attention to detail and ability to identify inconsistencies with data and documents and follow specified process flows

·        Auditor must be self-disciplined with ability to work independently

 

 We offer a competetive benefit package: Medical/Dental/Vision/401K/Paid Vacation and Sick Leave/Company Holidays

https://www.evolvemortgageservices.com/

Evolve Mortgage Services is an Equal Opportunity Employer