TRID Compliance Specialist - Remote

Guaranteed Rate

Chicago Illinois

United States

Customer Service / Call Center
(No Timezone Provided)

Job Description

We’re Guaranteed Rate, the 3rd-largest retail mortgage company in the U.S.—and aiming to be #1. We’re dedicated to the idea that belief makes anything possible. In 21 years’, we’ve gone from start-up to funding more than $100 billion in a single year. Our family is 15,000 people driven to making getting a mortgage the easiest part of the homebuying process. We hire the best people and have the industry’s best technology. (We invented the Digital Mortgage and work every day to create more leading-edge tech). Our HQ is in Chicago, but we’re in every state in more than 850 offices, working to make the dream of homeownership a reality for tens of thousands of people every year. Believe you’d be perfect here? We believe it too and would love to hear from you.

What's the Role?

The Mortgage Compliance Specialist will be a member of the Compliance Operations team, responsible for following defined procedures to complete daily tasks. This position requires an understanding of mortgage lending processes and procedures, and comprehension of consumer lending regulation, with primary emphasis to TRID, ECOA, RESPA, TILA, and applicable laws. The ideal candidate will be able to work independently, utilize all available resources to gather information, think critically and creatively, analyze data efficiently multitask, and diligently pay attention to details. Experience with compliance documents including the Loan Estimate (LE), Closing Disclosure (CD), and Post Consummation Closing Disclosure (PCCD)

Responsibilities:

Perform in-depth reviews of closed single family mortgage loans. A strong background and knowledge of TRID loan closing documents and the ability to identify when over tolerance cures are required. Ability to audit mortgage disclosure packages.

  • Analyze individual loan files, and determine and adhere to compliance guidelines
  • Issue revised Post Consummation Closing Disclosures
  • Provide training and support
  • Act as a liaison to business partners
  • Assist in analyzing audit results, and formally documenting results
  • Comprehend consumer lending regulations, including but not limited to TRID, HMDA, RESPA, TILA, Federal & State laws
  • Stay updated on application state, federal, and investor regulatory requirements
  • Participate in Continuing Education webinars, seminars and training as needed
  • Assist with various projects as assigned by management
  • Qualifications:

  • Knowledge of Mortgage lending processes, and procedures, and comprehension of consumer lending regulations
  • Familiarity with state specific fee, and disclosure requirements across multiple states
  • Excellent written, and verbal communications skills.
  • Ability to communicate professionally and effectively to all levels
  • Minimum Requirements:

  • High School Diploma or GED
  • Minimum 3 years of recent consumer mortgage experience
  • Familiarity with Consumer Lending procedures, and Regulations with primary emphasis on underwriting
  • TRID Compliance Specialist - Remote

    Guaranteed Rate

    Chicago Illinois

    United States

    Customer Service / Call Center

    (No Timezone Provided)

    Job Description

    We’re Guaranteed Rate, the 3rd-largest retail mortgage company in the U.S.—and aiming to be #1. We’re dedicated to the idea that belief makes anything possible. In 21 years’, we’ve gone from start-up to funding more than $100 billion in a single year. Our family is 15,000 people driven to making getting a mortgage the easiest part of the homebuying process. We hire the best people and have the industry’s best technology. (We invented the Digital Mortgage and work every day to create more leading-edge tech). Our HQ is in Chicago, but we’re in every state in more than 850 offices, working to make the dream of homeownership a reality for tens of thousands of people every year. Believe you’d be perfect here? We believe it too and would love to hear from you.

    What's the Role?

    The Mortgage Compliance Specialist will be a member of the Compliance Operations team, responsible for following defined procedures to complete daily tasks. This position requires an understanding of mortgage lending processes and procedures, and comprehension of consumer lending regulation, with primary emphasis to TRID, ECOA, RESPA, TILA, and applicable laws. The ideal candidate will be able to work independently, utilize all available resources to gather information, think critically and creatively, analyze data efficiently multitask, and diligently pay attention to details. Experience with compliance documents including the Loan Estimate (LE), Closing Disclosure (CD), and Post Consummation Closing Disclosure (PCCD)

    Responsibilities:

    Perform in-depth reviews of closed single family mortgage loans. A strong background and knowledge of TRID loan closing documents and the ability to identify when over tolerance cures are required. Ability to audit mortgage disclosure packages.

  • Analyze individual loan files, and determine and adhere to compliance guidelines
  • Issue revised Post Consummation Closing Disclosures
  • Provide training and support
  • Act as a liaison to business partners
  • Assist in analyzing audit results, and formally documenting results
  • Comprehend consumer lending regulations, including but not limited to TRID, HMDA, RESPA, TILA, Federal & State laws
  • Stay updated on application state, federal, and investor regulatory requirements
  • Participate in Continuing Education webinars, seminars and training as needed
  • Assist with various projects as assigned by management
  • Qualifications:

  • Knowledge of Mortgage lending processes, and procedures, and comprehension of consumer lending regulations
  • Familiarity with state specific fee, and disclosure requirements across multiple states
  • Excellent written, and verbal communications skills.
  • Ability to communicate professionally and effectively to all levels
  • Minimum Requirements:

  • High School Diploma or GED
  • Minimum 3 years of recent consumer mortgage experience
  • Familiarity with Consumer Lending procedures, and Regulations with primary emphasis on underwriting