“Indecomm is an Equal Employment Opportunity Employer”
Job Brief
The Diligence Auditor performs post-close, prefund and pre-purchase quality control reviews on
conventional, government and non-conforming loan production in accordance with the
requirements of Fannie Mae, Freddie Mac, Housing and Urban Development, the Veterans
Administration, the USDA, and private investors. The Diligence Auditor will also review reverification documents received on loan files to ensure the information re-verified, aligns with the
documentation in the loan file. Review of loan files for red flags indicating potential fraud or
misrepresentation. Additionally, the Diligence Auditor will also examine loans for federal and state
compliance.
Roles & Responsibilities
- Audit loan file in compliance with agency or private investor guidelines. This includes, but is not limited to eligibility, calculation and analysis and documentation of income, assets, liabilities and borrower and mortgage program eligibility.
- Perform data integrity check of Automated Underwriting System.
- Perform collateral assessment/review of appraisal for data, validity of comparable, value conclusion, and if repairs were required to meet safety and soundness requirements.
- If applicable, identify and review results of required reverification documentation.
- Review and identify fraud/misrepresentation red flags.
- Perform federal compliance audit including, but not limited to initial disclosures, RESPA, TILA, MDIA, ECOA, Patriot Act, Flood Act, and Fact Act.
- Accurate input of all loan information utilizing Audit Genius system for quality control audit.
- Respond to Internal Quality Assurance feedback and other reporting functions, as instructed.
- Auditor may be asked to perform the following review types: State Compliance, HECM, Cancelled/Withdrawn/Denied, Pre-funding, HELOC/Second Mortgages, Adverse Action, and/or Fraud Investigations.
- Other tasks and assignments assigned.
Requirements
- Generally, a minimum of 5 years underwriting or post-close/prefund audit experience in the mortgage industry.
- Government loan experience a must.
- Ability to research agency and/or product specific guidelines.
- Strong written communication skills.
- Direct Endorsement Certificate is a plus.
- Compliance experience is a plus.
- Strong organizational skills are a must.
- Basic/advanced knowledge of mortgage documents, formats, procedures, guidelines
- Command of the English language (both verbal and written), to include proper grammar and punctuation.
- Strong math aptitude.
- Microsoft Office (i.e., Word, Excel, and Outlook).
- Must have High school Diploma or GED.
Please note: This job description is not intended to be all-inclusive. Applicants may be required to
perform additional responsibilities as needed.
About Indecomm:
Founded more than 25 years ago, Indecomm is a leading provider of business services and
technology for the US mortgage industry. Indecomm offers support at every stage of the mortgage
lifecycle with automation, software, outsourcing, project management, compliance, and
education. With a focus on technology solutions first, utilizing Indecomm’s AuditGenius™ webbased software, we partner with large and mid-sized lenders, services, mortgage insurers, and title
companies to achieve one specific goal-to help them grow
Why join us?
- Competitive salary
- Full benefits: Medical, Dental, Vision
- Flexible schedule
- PTO and holidays
Proud to be an Equal Opportunity Employer. This company considers candidates regardless of race,
color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
