Analyze calculations and verifications of income & assets, and evaluations of credit reports, liabilities, purchase contracts, appraisals, title commitments, and other loan pertinent documentation to ensure all agency guidelines have been met.
Recalculate income, assets, and DTI to ensure all eligibility and agency guidelines are met.
Perform a post funding loan analysis to ensure that the loan documents, origination, underwriting, eligibility, and funding of loans were in accordance with company policies and procedures, agency guidelines, and state, and federal regulations.
Determine if proper procedures were followed in the origination, underwriting, and funding of the loans.
Determine if the underwriter correctly calculated income and approved the loan in accordance with company policies and procedures as well as agency guidelines.
