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Howard Hanna Real Estate Services · 2 months ago

Mortgage Disclosure Coordinator

Mayfield Heights, OH

Full-time

Hybrid

New Grad, Entry Level

0+ years exp

Howard Hanna Real Estate Services is seeking a Mortgage Disclosure Coordinator to evaluate information supplied by various stakeholders to ensure compliance with loan regulations. The role involves reviewing loans, monitoring applications, and redisclosing estimates to meet Qualified Mortgage standards.

Real EstateReal Estate Brokerage

Responsibilities

Review loans received in Initial Disclosure Queue. Ensure accuracy of fees and send initial disclosure package to borrower

Monitor loan applications that need to be disclosed to ensure all are disclosed within 3 days of application

Redisclose the Loan estimate within 3 days of receipt of the title commitment and fees to reflect accurate title company fees for affiliated title companies

Redisclose the Loan estimate within 3 days of receipt of any loan and fee changes that require redisclosure

Review the qualified mortgage and ability to repay fields in loan origination systems to ensure loan meets QM/ATR requirements including APR fees

Review compliance ease report to confirm loan meets QM/ATR requirements

Review and makes adjustments if “Points and Fees” thresholds are exceeded due to the default affiliate fees

Review the individual service providers listed and make a determination as to what adjustments if any are required to be made to the selection of third-party providers

Perform all other duties and tasks as may be directed by the employee’s supervisor and/or management