Underwriter
Responsibilities The Underwriting Department will be responsible for credit and property analysis of 1st and 2nd lien mortgage loans.
An Underwriter must have strong knowledge of product and agency guidelines, as well as a strong knowledge of risk factors and their relation to loan performance.
This role will involve extensive oral and written communication with internal and external customers.
Essential Job Functions ? Underwrite non conforming 1st and 2nd mortgage loans in accordance with company and agency guidelines ? Provide internal and external customers with product and underwriting assistance ? Use creative analytical skills to determine acceptable ways to approve mortgage loans, while ensuring compliance with state, federal and company regulations and guidelines.
? Provide detail oriented oral and written communication to Brokers, Correspondents and internal customers ? Work closely with Quality Control Department and Due Diligence teams, responding to loan audits.
? Provide feedback to management on suggested guideline changes and/or enhancements ? Maintain company service levels to provide appropriate turn times ? Provide product and underwriting training to new or existing Underwriters, Account Executives, Brokers or Correspondents and Sales and Operations teams.
Requirements/Skills ?Minimum 3 years experience underwriting 1st and 2nd lien mortgage loans for non conforming product ?Strong knowledge of agency guidelines and risk factors ?Strong written and oral communication skills ?Must be detail oriented with the ability to meet deadlines under pressure ?Excellent customer service skills ?Proficient with automated underwriting systems, as well as Excel and Word ?Ability to relate and work well with others Equal Employment Opportunity Bear Stearns is an Equal Opportunity Employer.
Closing Statement Thank you for applying with Bear Stearns.
About Bear Stearns Founded in 1923, the Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm.
With approximately $40.
0 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide.
The company's business includes corporate finance, mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services.
Headquartered in New York City, the company has approximately 11,200 employees.
Related jobs
Branch Manager For Residential Home Builder
Branch Manager for a stable Residential Home Builder mortgage company Interested? Click Here to Apply! Not a fit? Click Here to Search all of CyberCoders Jobs Email this ...
Countrywide Financial Corporation, together with its subsidiaries, is a nationwide financial services company.As a national leader in residential finance, we're ...
Internal Service Representative
Kforce is currently seeking someone for an ISR position.This job consists of assisting various different departments within the financial institution performing a ...
Essential Job Functions: It's about respect and recognition from your peers.It's you. At the Federal Reserve Bank, we operate as part of the nation's bank helping to ...
Countrywide Financial Corporation, together with its subsidiaries, is a nationwide financial services company.As a national leader in residential finance, we're ...
Countrywide Financial Corporation, together with its subsidiaries, is a nationwide financial services company.As a national leader in residential finance, we're ...
Countrywide Financial Corporation, together with its subsidiaries, is a nationwide financial services company.As a national leader in residential finance, we're ...
Mortgage Sales - Wholesale Account Executive
Mortgage Sales - Wholesale Account Executive - Sub Prime Interested? Click Here to Apply! Not a fit? Click Here to Search all of CyberCoders Jobs Email this job to a ...
Helpdesk Specialist- Broker Portal
Responsibilities This person is a member of a small highly skilled team dedicated to building and supporting a mortgage wholesale business.This person is the first point ...
Kforce is currently hiring Tellers in all areas of the Valley.We are looking for motivated individuals who enjoy the banking and credit union environment and are looking ...
Career Discussions
.gif){kind=avatar}
Aeropostale Interview soon!? (1 answers)
I have an interview at Aeropostale this week. I'm very looking forward to it! However, since it's a group interview, how is it like? What ki ...
.gif){kind=avatar}
I am going into 9th grade. I want to be an Advanced Practice/ Advanced Practice Registered Nurse when I'm older. What courses should I take in hi ...
.gif){kind=avatar}
How do I get a job as a specialist at Apple? (2 answers)
So i've already posted my resume/submitted an application to the Apple Careers website.It's been exactly a week today and I stopped by the s ...
Am I in the clear or do I need to worry? (2 answers)
I applied to a job in the spring and my GPA was a 2.92. I put a 3.02 GPA on my resume hoping that by the the time I was hired and accepted the job tha ...
.gif){kind=avatar}
Need help with understanding how credits work in colleges/universities (Ontario, Canada.. dietitian)? (1 answers)
I'm going to college or university next year and want to become a dietitian or something in the field of health/nutrition. So I was looking here: ...
.gif){kind=avatar}
What is the worst job you have had and what made it so bad? (5 answers)
I was a Comcast cable TV installer. The things I saw, the people I dealt with, the spaces, the homes, the drug dealers, the dogs, etc.....still gives ...
Should you have to pay a membership to become a mystery shopper? (5 answers)
I am thinking of becoming a mystery shopper, however I have looked on lots of websites and they all ask for a membership fee is this a scam?Does anybo ...
New potential, big schedule conflict? (3 answers)
So i'm getting called in for an interview at McDonald's and this is my first real job. The problem is, I have a family vacation we have been ...
HELP!!! Career advice needed? (3 answers)
I have a degree in French and business studies.At present I work in a typing pool. I think I need a career change.Do you think I should get a postgrad ...
.gif){kind=avatar}
Career crossroads - I need advise!? (1 answers)
I'm a Graphic Designer. I need to decide my next move:- Get an Art degree and specialize in 3D animation- Start my own Graphic Design online orde ...