Job Description
ABOUT ONETRUST HOME LOANS If you are looking for an organization that has established an outstanding reputation for quality products and services and where you are an important member of a professional team, then OneTrust Home Loans may be for you. We are recognized as a Fortune 5000 company offering conventional, FHA, VA, USDA, and jumbo financing, while boasting portfolio, construction, and structure finance lending divisions. Our focus on utilizing the latest technology to streamline the home loan process has made us a leader in our space. We really listen to our clients in order to anticipate their home financing goals and dreams. We're mortgage educators and financing strategists, providing detailed information and sound advice on mortgage options and industry trends. We focus our energies on a transparent and open communication loan process to close loans quickly. If our employees are successful, we are successful. Our goal is to provide them with the most current competitive tools and information possible. Employees and management listen, engage, and provide honest feedback to each other. Those who make outstanding contributions are recognized for their outstanding customer service and are eligible for key programs. In order to hire and retain employees who share our values of integrity, transparency, innovation, and greatness, we offer attractive employment packages, work-life balance, a wide range of training opportunities, and an innovative and exciting business culture. Service is everything! Position Summary The Mortgage Disclosure Specialist is responsible for generating and distributing accurate and timely regulatory mortgage disclosures in compliance with federal and state regulations. This role plays a critical part in ensuring the integrity and accuracy of Loan Estimates (LEs) and Closing Disclosures (CDs). Essential Duties and Responsibilities: Accurately prepare and issue Loan Estimates (LEs), ensuring they reflect verified loan terms and fee data. Disclose initial and revised disclosures promptly, ensuring compliance with regulatory requirements. Review and confirm the accuracy of fees, loan terms, and borrower information before disclosure. Timely disclose initial and revised disclosures in strict compliance with regulatory guidelines, including TRID. Generate revised disclosures by validating Changes of Circumstance (COC) in alignment with regulatory standards. Assess fee variations to determine TRID tolerance thresholds and compliance with applicable change rules. Proactively identify and escalate potential regulatory compliance risks or discrepancies. Review and address Mavent compliance alerts, Fails and warnings directing concerns to appropriate team members. Ensure all specific disclosure requirements are evaluated and met based on loan scenario and borrower profile. Coordinate with processors, loan officers and underwriters to resolve discrepancies. Maintain current knowledge of mortgage industry regulations, compliance mandates, and disclosure best practices. The above functions are intended to describe the general nature and level of work performed by individuals assigned to this job. This is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities and qualifications required of employees assigned to this job. Education and Experience 2+ years mortgage disclosure experience in residential lending. Strong understanding of TRID, TILA/RESPA and other federal/state mortgage regulations. Knowledge, Skills and Abilities Demonstrated computer skills in word processing, spreadsheet, and electronic mail software. Strong communication and interpersonal skills, and a high level of professional integrity. Maintains a positive, helpful, constructive attitude and work relationship with co-workers and supervisor. Strong time management and organizational skills in a dynamic, constantly changing environment. Attention to detail and quality focused. Encompass experience preferred. OneTrust Home Loans is an Equal Opportunity Employer CALIFORNIA JOB APPLICANT PRIVACY NOTICE REGARDING THE COLLECTION OF PERSONAL INFORMATION This Job Applicant Notice is designed to meet obligations under the California Privacy Act ("CPRA"), as amended by the California Consumer Privacy Act ("CCPA"), regarding how CalCon Mutual Mortgage, LLC collects and processes personal information during the application and recruitment process. This Job Application Notice solely applies to applicants of CalCon Mutual Mortgage, LLC who reside in the State of California. In the event of a conflict between any other CalCon Mutual Mortgage, LLC policy, statement, or notice and this Job Applicant Notice, this Job Applicant Notice will prevail as to California job applicants. Unless stated otherwise, CalCon Mutual Mortgage, LLC may collect personal information and use it for certain business purposes. Under the CPRA, "consumers" means California residents, including job applicants, employees, or contractors of a business. CalCon Mutual Mortgage, LLC will only process your personal information in accordance with the Company's Privacy Notice, unless otherwise required by applicable law. You can submit a request to [email protected] regarding the Company's Privacy policy to know about the categories of data being collected, the purposes for which the data will be used and your rights to opt out. Health insurance, Dental insurance, Life insurance, Vision insurance, Paid time off , Retirement plan, 401(k), 401(k) matching