About the job
Join Altisource as a Senior Analyst, specializing in Collateral, where you will play a crucial role in the US mortgage underwriting process. We are looking for a detail-oriented professional with at least 1 year of core experience in US mortgage residential underwriting. Please note that candidates from the UK, Australia, New Zealand, or other countries are not eligible for this position.
- Maintain a strong understanding of US Mortgage Originations closing procedures and both federal and state lending regulations.
- Effectively interpret investor guidelines from FNMA, FHLMC, FHA, VA, and USDA, applying them to specific loan scenarios.
- Conduct thorough reviews of all property documents, including appraisals, purchase agreements, titles, and insurance, ensuring their accuracy and completeness.
- Assess the structural integrity of properties to ensure compliance with agency guidelines and client overlays, and evaluate the validity of property appraisal reports.
- Examine title and insurance documents for adequate coverage, ensuring that all encumbrances and clauses are properly addressed.
- Perform daily audits of property documents from a salability perspective, identifying any exceptions. Assess risks and investigate potential fraud indicators and red flags.

