Disclosure Analyst

Key Responsibilities

• Receive and process requests through the proprietary disclosure system; organize queue and track pending disclosure requests to ensure that loan disclosures are issued correctly and in a timely fashion.
• Analyze and research existing loan terms and compliance reports to resolve issues regarding disclosure and fee requirements
• Multitask effectively between several software interfaces, including loan origination system and document vendor interface
• Analyze CIC requests per the parameters of the loan file to determine the viability of requests per compliance rules; update all necessary software applications and issue disclosure packages.
• Understand and adhere to departmental goals, company policies, and state/federal regulations that relate to loan terms, fees, and disclosures.
• Troubleshoot a variety of possible problems with loan disclosures.
• Read, implement, and keep track of updates and changes to workflow, policies, and product changes as they occur.

Skills, Knowledge and Expertise

• Prepare, generate, and deliver accurate initial mortgage loan disclosures within TRID guidelines with a primary focus on conventional loan products
• Analyze escrow data, loan terms, structure, and cash to close to ensure compliance
• Coordinate receipt of accurate title fee sheets from Settlement Agents
• Manage requests to disclose updated fees and re-work loans as necessary
• Ability to analyze documents to ensure compliance with regulatory requirements
• Ability to analyze and problem-solve to create positive outcomes for all interested parties
• Ability to prioritize/manage workload and allocate resources
• Working knowledge of federal lending regulations, CFPB, and TRID requirements for Mortgage disclosures
• Working knowledge of 1st mortgage products to include pricing requirements
• Knowledge of Mortgage lending business terminology and process flow
• Encompass experience is a plus
• Experience with Final Closing Disclosures is also a plus