Mortgage Senior Underwriter

Job description

Overview: Responsible for underwriting mortgage loans, including government loans to determine acceptability with M&T Bank and secondary market standards set by the investor to ensure saleability and sound credit quality while adhering to the requirements of Federal registration under the SAFE Act. Primary Responsibilities: - Underwrite conventional (conforming and non-conforming) FHA, VA residential mortgage loans per product and investor guidelines through AUS and/or manual underwriting. - Ensures loans are in compliance with investor requirements, federal and state laws and regulations. - Performs risk assessment of credit and collateral ensuring loan saleability and sound credit quality. - Responds to and resolved any post-closing issues to ensure loan saleability. - Assist management to clear conditions and expedited loan closings. - Keep informed of current practices in loan underwriting. - Take initiative to keep current on changes in investor and M&T guidelines. - Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. - Promote an environment that supports belonging and reflects the M&T Bank brand. - Mainta...