Disclosure Desk

Position Overview

Responsibilities And Duties

Qualifications And Skills

Preferred Qualifications

Benefits

The Mortgage Disclosure Desk Specialist will support daily operations to ensure disclosure packages are completed accurately and are provided to consumers in a timely manner. This role is a central part of the loan process to ensure compliance with TRID and additional federal, state and local disclosure regulations.

• Prepare and review disclosure packages including the Loan Estimate
• Review disclosure related data entered in the Loan Origination System (“LOS”) for accuracy
• Ensure proper loan set-up within the LOS and loan structure is accurate according to loan program and type
• Review files submitted for re-disclosure in adherence to regulatory compliance requirements and internal company policies and procedures
• Determine if a bona fide changed circumstance occurred by working with the originators, processing, underwriting and closing departments to determine the cause and timing of the changed circumstance
• Monitor Disclosure Desk work queue and e-mail in-box to support all team members within prescribed service level agreement timeframes
• Run automated compliance testing and escalate negative results to the Compliance Department
• Assist with reviewing policies and procedures and LOS functionality and make necessary modifications

Responsible for maintaining the confidentiality and privacy of loan applicant information. Additional responsibilities as assigned.

Qualifications And Skills

• A high school diploma or equivalent
• Bachelor’s in business or related field preferred
• Strong research, problem solving, communication, organization and interpersonal skills
• Strong attention to detail, self-drive and analytical skills
• A high degree of professional ethics and integrity
• Knowledge of TRID and other applicable lending laws to efficiently and accurately answer any questions
• Desire to help your peers, your team and department achieve exceptional results
• Ability to multi-task in a fast paced, highly demanding environment
• Ability to adapt or change approach or method to best fit the situation in a fast-evolving environment with multiple clients

Two or more years of disclosure desk or equivalent mortgage experience. General knowledge of federal and state laws impacting mortgage origination, including but not limited to: Dodd-Frank and CFPB oversight environment, RESPA, TILA, ECOA, SAFE, HMDA, Fair Housing Act, Fair Lending, State or Federal High Cost, FCRA/FACTA, Privacy of Consumer Financial Information, UDAAP, and REG Z/TRID. Knowledge/Proficiency in LOS (Ellie Mae Encompass) preferred.

Preferred Qualifications

• General knowledge of federal and state laws impacting mortgage origination, including but not limited to: Dodd-Frank and CFPB oversight environment, RESPA, TILA, ECOA, SAFE, HMDA, Fair Housing Act, Fair Lending, State or Federal High Cost, FCRA/FACTA, Privacy of Consumer Financial Information, UDAAP, and REG Z/TRID
• Knowledge/Proficiency in LOS (Ellie Mae Encompass) preferred