Wells Fargo Home Mortgage Work Values

Daily Duties at Wells Fargo Home Mortgage:

Underwrote Prime and Government products; reviewed all residential mortgage loan application files and accompanied documentations to assure that the loans met with agency, portfolio and investor underwriting guidelines. Reviewed loan exceptions, loan scenarios and serves as a final approver for approved/declined/counter offered loans for all loans underwritten exceeding lower level Underwriter’s signing Authority. Signing authority of up to $2.0 Million. Identifies areas of deficiencies and provides feedback to lower level underwriters. Re-evaluate and underwrite complex, high risk & high profile loan applications. Re-evaluation and analysis of possible loans for the Secondary Market sale to ensure loans meet the Secondary Market requirements. Making sure that all account executives guideline questions and loan structures and other customer service relation issues are met. Researched and interpreted controlling documents as issues arise with loan fundings, collateral, reporting and remitting to investors. Provides recommendations that will improve external controls and add value and create greater efficiencies with respect to operations and financial reporting.

What they like about Wells Fargo Home Mortgage:

You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.

Tags

Mortgage Underwriting, Internal Audit, Credit Analyst, Senior Underwriter, Prime Loan, Alt A Loans, Bankruptcy Loans, Loss Mitigation, Foreclosure, Making Home Affordable, FNMA, FHLMC, HARP, DURP, Attorney Audit, Loan Servicing, Operations Manager, Mortgage Underwriting Supervisor, Correspondent Lending

Skills

Underwriting and Audit of Prime, Alt A, Sub-Prime and Government Loans, Managed audits, resolves issues and completion of final reports, Budget, Profit and Loss Statement Analysis, Self-Employed Income Analysis, MHA, DURP & HARP , FNMA & FHLMC, Attorney Audits and Internal Audits, MS Office - Word, Excel, Outlook, PowerPoint, Adobe Acrobat, Lotus Notes, Netox, Calyx Point, DataTrac, Pulse, Loan Smith, DRI, MSP, LenderLive, VendorScape, Agent Desktop & WAM, DU, LP, HSSN, CLOUT, CLUES, Magic, FraudGuard, LexisNexis

These are some of the questions we asked our climbers about their experiences with Wells Fargo Home Mortgage: