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Manager Remote Reverse Mortgage Underwriter Jobs in California

Mortgage Loan Processor III

Irvine, CA · On-site +1

$33 - $36/hr

... management financial objectives. Creating Possibility is not just our mission, it's what we do ... Fully remote options available. The hourly rate for this position is $33.00 - $36.00 per hour ...

Collaborate with sales, operations, and management teams to facilitate timely and accurate loan ... Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading ...

Lead AI Engineer

Los Angeles, CA · Remote

$160K - $180K/yr

... CRM, and POS. * Integrate and fine tune LLMs to automate underwriting processes, including ... Reverse engineer legacy systems and undocumented business logic to design agent based replacements.

Product Owner - Mortgage Tech

Irvine, CA · On-site +1

$125K - $160K/yr

Santa Ana, CA (hybrid) or fully remote. * Full-time, exempt. Benefits: medical, dental, vision ... underwriting, and servicing. * Proven experience managing the full product lifecycle, from ideation ...

Lead AI Engineer

Los Angeles, CA · Remote

$160K - $180K/yr

... CRM, and POS. * Integrate and fine tune LLMs to automate underwriting processes, including ... Reverse engineer legacy systems and undocumented business logic to design agent based replacements.

Product Owner - Mortgage Tech

Irvine, CA · On-site +1

$125K - $160K/yr

Santa Ana, CA (hybrid) or fully remote. * Full-time, exempt. Benefits: medical, dental, vision ... underwriting, and servicing. * Proven experience managing the full product lifecycle, from ideation ...

Showing results 21-40

Manager Remote Reverse Mortgage Underwriter information

What is a manager remote reverse mortgage underwriter?

A Manager Remote Reverse Mortgage Underwriter is a professional who oversees a team of underwriters responsible for evaluating and approving reverse mortgage applications, typically while working remotely. This role involves ensuring compliance with lending guidelines, reviewing applicants’ financial information, and making final loan decisions. The manager also provides leadership, training, and support to the underwriting team to maintain quality and efficiency. Their expertise helps lenders minimize risk and ensures borrowers meet all necessary requirements.

What are the key skills and qualifications needed to thrive as a manager remote reverse mortgage underwriter?

To thrive as a Manager Remote Reverse Mortgage Underwriter, you need extensive knowledge of mortgage underwriting guidelines, FHA and HECM regulations, and proven experience in reverse mortgage processing and team leadership. Proficiency in loan origination systems (LOS), automated underwriting systems (AUS), and relevant certifications such as DE (Direct Endorsement) are typically required. Strong analytical skills, attention to detail, and effective communication are crucial for managing teams and ensuring compliance in a remote environment. These skills and qualifications are essential for ensuring accurate underwriting decisions, regulatory compliance, and maintaining high productivity and quality standards within a remote team.

What are some common challenges faced by a manager remote reverse mortgage underwriter, and how can they be addressed?

A Manager Remote Reverse Mortgage Underwriter often encounters challenges such as ensuring regulatory compliance across various jurisdictions, maintaining clear communication with distributed team members, and staying updated with frequent changes in lending guidelines. To address these, it's essential to implement robust digital collaboration tools, provide regular training sessions, and establish standardized procedures for documentation and review. Proactively fostering open communication and feedback loops with both team members and other departments (like loan officers and processors) can also help streamline workflow and reduce errors.

What is the difference between Manager Remote Reverse Mortgage Underwriter vs Remote Mortgage Underwriter?

AspectManager Remote Reverse Mortgage UnderwriterRemote Mortgage Underwriter
CertificationsHUD, FHA, or VA certifications often preferredSame certifications, depending on lender requirements
Work EnvironmentRemote, focused on reverse mortgage productsRemote, covering various mortgage types
Industry UsagePrimarily in reverse mortgage lendingIn conventional and government-backed mortgage lending
Job FocusAssessing reverse mortgage applications and complianceEvaluating standard mortgage applications and risk

The Manager Remote Reverse Mortgage Underwriter specializes in reverse mortgage assessments, while the Remote Mortgage Underwriter handles a broader range of mortgage types. Both roles require similar certifications and work environments but differ in product focus and industry usage.

What are popular job titles related to Manager Remote Reverse Mortgage Underwriter jobs in California?

For Manager Remote Reverse Mortgage Underwriter jobs in California, the most frequently searched job titles are:

What job categories do people searching Manager Remote Reverse Mortgage Underwriter jobs in California look for?

The top searched job categories for Manager Remote Reverse Mortgage Underwriter jobs in California are:

What cities in California are hiring for Manager Remote Reverse Mortgage Underwriter jobs?

Cities in California with the most Manager Remote Reverse Mortgage Underwriter job openings:

Loss Mitigation, Underwriter l

Carrington Holding Company, LLC

Orange, CA • Remote

$23 - $26/hr

Full-time

Medical, Retirement

Re-posted 13 days ago


Job description

Come join our amazing team and work remote from home!

The Loss Mitigation Underwriter l will be responsible for underwriting Loan Modifications applications in accordance with Treasury, Company and Investor guidelines while following company's policies and procedures under general supervision. Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. The Loss Mitigation Underwriter I level is the entry level role in the job family and generally handles the least complex underwriting files while gaining additional knowledge and experience on the more complex files. The target pay range for this position is $23.00 - $26.00 per hour.

What you'll do:

  • Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines.
  • Conduct Verification of Income (VOI).
  • Calculate customer's front and back-end debt to income ratio.
  • Verify occupancy, hardship and income.
  • Apply payment waterfall to determine workout eligibility (repayment plan, forbearance, modification or liquidation options).
  • If applicable, identify the type(s) and amounts of liquid assets the borrower holds.
  • Determine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.).
  • Complete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines.
  • Document final decision and update system of record.

What you'll need:

  • High school diploma or equivalent required.
  • 1 to 2 years of underwriting loss mitigation experience required

Our Company:

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you'll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtonmortgage.com.

What We Offer:

  • Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
  • Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
  • Customized training programs to help you advance your career.
  • Employee referral bonuses so you'll get the opportunity to work with friends (and get some extra cash in your pocket!).
  • Educational Reimbursement.
  • Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

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