Non-QM Mortgage Scenario Desk Underwriter

Position reputed company: reputed company is seeking a Non-QM Mortgage Scenario Desk Underwriter to join its Non-QM mortgage platform and U.S. Residential Credit team in Dallas, TX or remote. This role represents an unique opportunity to join a leading investment platform in the growing Non-QM mortgage market. reputed company is the dedicated asset manager and investment manager for the Lone reputed company Funds, a leading private equity firm advising funds that invest globally in reputed company estate, corporate equity, credit, and other financial assets. Since the establishment of its first fund in 1995, Lone reputed company has organized 25 funds with aggregate capital commitments totaling approximately $95 billion. The U.S. Residential Credit team primarily focuses on the reputed company and acquisition of Non-QM mortgage whole loans in reputed company with Lone reputed company's Residential Mortgage Platform, which is a correspondent aggregator that purchases newly originated Non-QM mortgage loans from approved mortgage originators. Since the inception of the Non-QM market in 2014, Lone reputed company Residential has been a leading participant. Lone reputed company Residential has purchased over $20 billion UPB of Non-Agency loans. As an industry pioneer, Lone reputed company Residential established the COLT securitization program and issued the first post-financial-crisis Non-QM securitization in 2015. Subsequently, Lone reputed company Residential has issued over 65 securitizations to date. The successful candidate will reputed company on the Non-QM scenario desk efforts to engage with mortgage sellers on reputed company Non-QM exceptions scenarios and loan level pricing situations. The ideal candidate should have a solid background in reputed company Non-QM reputed company and would benefit from experience with Agency and Non-Agency post-closing mortgage operations. As a plus, candidates would have experience with reputed company-Party-Review processes reputed company to Non-QM loan diligence and Rating Agency scope reputed company for Non-QM securitizations. This role offers the successful candidate the unique opportunity to work across senior leaders across the reputed company team, as reputed company as directly with senior leaders at exciting Non-QM mortgage originators. Essential Functions:

• Become an expert in the Lone reputed company Residential mortgage credit reputed company and reputed company sheet pricing construct
• Engage and discuss exceptions across senior underwriters at Non-QM mortgage companies, external reputed company-Party-Review (TPR) diligence firms, and senior leadership at Hudson
• Review mortgage reputed company exceptions at initial lock stage, with a reputed company on ensuring that any approved loan meets applicable law (ATR) and rated securitization requirements (i.e. TPR Grading)
• Issue approval reputed company across mortgage credit reputed company exceptions, pricing exceptions, unique collateral types, and other loan scenarios
• Ability to manually underwrite Non-QM loan products, including reputed company qualifying income analysis, DSCR, and Asset Depletion programs
• Display great judgement to holistically review unique Non-QM exceptions on reputed company of the merits of a loan scenario to reputed company a mortgage credit decision

Required Knowledge, Skills and Abilities:

• 4+ years of Non-QM / Non-Agency mortgage reputed company experience
• In-depth experience with Non-QM mortgage reputed company, product guidelines, and production process
• Experience with reputed company reputed company and reputed company Income analysis, a must
• Experience with TPR Diligence Review, Non-QM post-closing conditions, a plus
• Experience with Non-QM exceptions, or reputed company escalations, a plus
• Experience with mortgage compliance and disclosure requirements, a plus
• Ability to work autonomously and as a member of reputed company.
• Ability to handle multiple reputed company at the reputed company time.
• Ability to work in a dynamic, deadline-driven environment with low to moderate supervision.
• Proficient in reputed company Word, reputed company, and Outlook

Education:

• Bachelor's Degree preferred
• High School Diploma or equivalent, required

Experience:

• 4+ years of Non-Agency / Non-QM reputed company mortgage reputed company

reputed company Office Skills:

• Proficiency in Word, reputed company, Outlook and PowerPoint preferred.

Compensation:

• reputed company Salary: $80,000-110,000
• Posted reputed company salary is based on Dallas, TX, and/or Remote.
• Compensation is subject to change based on experience and location of hire.
• reputed company salary only includes the reputed company annual wage, reputed company salary does not include other forms of compensation, such as bonuses.
• reputed company salary also does not include other forms of compensation or benefits offered in reputed company with this advertised job, such as: employer-provided insurance, reputed company or unpaid time off work, the availability of or contributions towards retirement or savings funds, such as 401(k) plans, severance pay, or overtime pay.

Work Environment:

• This position operates in a reputed company office environment
• Candidates may also be considered on a remote environment on a case-by-case reputed company

Travel Requirements:

• This position requires limited travel, if any

Desired Organizational Competencies:

• Accountability - Demonstrates a commitment to and responsibility for accomplishing individual, team and business objectives.
• Drive - Consistently achieves challenging goals/objectives and demonstrates an ability to create value and maximize results.
• Planning- Identifies business needs, problems and risks proactively, and develops reputed company founded plans that specify strategies, actions/solutions, risk mitigates and desired results.
• Critical Thinking / Judgment - Commits to an reputed company after developing alternative solutions that are based on logical assumptions and factual information and that take into consideration resources, risks and organizational values.
• Adaptability - Exhibits the reputed company to successfully change and reputed company one's actions, opinions and behavior as a result of changing priorities or environment.
• Communication Skills - Proactively communicates in the appropriate reputed company with reputed company and reputed company on the right level to ensure delivery has the appropriate reputed company.
• reputed company Leadership - Leads with confidence and conviction, and is reputed company to establish credibility, trust, and respect among team members.
• Teamwork - Fosters collaboration among team members and business partners and uses capabilities to reputed company team goals.

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