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Underwriter (EdgeMAC)
Ref No.: 16-07500
Location: Charlotte, North Carolina
EdgeMAC seeks experienced forensic and whole loan trade Underwriters to conduct due diligence loan file reviews in EdgeMAC's Charlotte, NC office. This is an outstanding opportunity for experienced Senior Processors and Underwriters seeking to utilize their skills in a non-origination environment.
Job Responsibilities: **
  • Validation of Automated Underwriting Systems (AUS), DU/LP findings with file documentation.
  • Calculation of earnings for wage earners and self- employed borrowers.
  • Experience with TRID and QM/ATR and Appendix Q rules.
  • Ability to identify fraud and layered risk.
  • Understanding of mortgage origination and underwriting practices.
  • Ability to apply multiple and varied sets of lender guidelines.
  • Knowledge of, Client/FHLMC, and Non-Conforming/Portfolio underwriting guidelines and associated announcements/bulletins.
  • Familiarity with residential mortgage documentation, third party risk assessment products and Federal/State/Local compliance regulations.
Requirements/Education/Experience**
  • Senior Processors: 5 years' experience and Underwriters: I year experience to include calculating income, assets required for closing, and ratios. General knowledge of Agency guidelines.
  • Knowledge of RESPA changes effective January 2010, QM/ATR and Appendix Q rules effective January 2014.
  • Knowledge of TRID.
  • Highly proficient with the use of computers including Microsoft Windows based PC applications with good keyboard/mouse skills 10-key by touch is preferred.
  • Strong verbal communication skills and the ability to work independently in a high volume professional office team environment.
*****Candidates must be available to work full-time hours and periodic overtime.
EdgeMAC is an Equal Opportunity Employer.
Job Type: Full-time
Required experience:
  • Underwriting: 5 years
ControlID: 14.234.89 SHR