DISCLOSURE DESK ANALYST

Job Purpose

Responsible for ensuring that initial disclosures are prepared completely with accurate loan

information and meet required timeframes. The incumbent will review data input for accuracy,

research discrepancies and missing information and correct before disclosure to consumers.

Responsible for assisting Loan Officers and Loan Processors completing front end tasks for all

new incoming files in accordance with Point Mortgage’s Policies and Procedures.

Ensure compliance with TRID, state, federal & government regulations.

Responsible for assisting Loan Processors in completing third party service orders during the

loan process, in accordance with Point Mortgage’s Policies and Procedures. This role also

addresses specific components of a variety of 3rd party required items and will also be

responsible for managing the Disclosures Desk pipeline.

Extensive knowledge of mortgage loan products, loan documents, loan funding requirements

and escrow/ title practices, as well as regulatory compliance laws as they apply to mortgage

lending transactions to deliver quality execution of closing loan documents.

Be an advocate from Initial Disclosures through Loan Documents Completed milestones.

Duties and Responsibilities

• Prepare and complete Initial Disclosure Packages and Initial Loan Estimate within

• 24 hours of populating queue
• Responsibly maintain consumer’s confidential personal and financial information
• Ensure proper loan set-up within LOS and loan structure is accurate according to
• Loan Program and Type
• Input fee data and prepare impounds and prepaid taxes/insurance to ensure
• correct figures are disclosed
• Send out disclosures package to consumers via E-Disclosures, in-person, or mail
• Monitor and Re-Disclose Loan Estimates and Change of Circumstances within 3
• days of revisions.
• Review fee changes to determine accordance to TRID change of circumstance
• guidelines
• Troubleshoot and provide guidance to Loan Officers and Processors accordingly if
• consumers are unable to retrieve disclosure set
• Run Automated Compliance Testing and resolve issues that come up if there are
• Mavent fails, alerts and/or warnings that affect loan closing.
• Order all 3rd party required items including but not limited to:
  • Appraisals Follow Ups
  • Condo and HOA documents ordered as needed
  • Tax Transcripts Orders
  • Homeowner’s Insurance Requests (Initial)

•Prepare and complete Initial Disclosure Packages and Initial Loan Estimatewithin 24 hours of populating dashboard•Responsibly maintain consumer’s confidential personal and financial information•Ensure proper loan set-up within LOS and loan structure is accurate according toLoan Program and Type•Input fee data and prepare impounds and prepaid taxes/insurance to ensurecorrect figures are disclosed•Send out disclosures package to consumers via E-Disclosures, in-person, or mail•Monitor and Re-Disclose Loan Estimates and Change of Circumstances within 3days of revisions.•Review fee changes to determine accordance to TRID change of circumstanceguidelines•Troubleshoot and provide guidance to Loan Officers and Processors accordingly ifconsumers are unable to retrieve disclosure set•Run Automated Compliance Testing and resolve issues that come up if there areMavent fails, alerts and/or warnings that affect loan closing.•Manage disclosure queue daily•Order all 3rd party required items including but not limited to:oAppraisals Follow UpsoCondo and HOA documents ordered as needed

oTax Transcripts Orders
oHomeowner’s Insurance Requests (Initial)
oWritten VOE’s, VOM’s, and VOR’s
oFlood Certifications
•Prioritize workflow to ensure items are completed in order of urgency•Follow-up on items not received, as needed•Provide status updates interdepartmentally as needed•Maintain and manage pipeline daily and execute duties with efficiency and timeliness•Complete any additional duties as assigned and assist interdepartmentally as needed•Assist with reviewing, balancing and drafting initial CDs; ability to coordinate with settlement agent regarding balancing of fees for closing.•Performs other duties as assigned, including assisting other team members and management as needed.•Maintain a high degree of confidentiality.•Maintain consistent and satisfactory attendance per department needs and capacity.•Assist with and close loans, as needed•Other related duties as assigned by management.
Position Requirements
•At least 3 years current experience as Doc Drawer and/or Funder.
•Knowledge of Fannie Mae, Freddie Mac, FHA/VA loan process and standard guidelines,escrow/title practices, as well as regulatory compliance as they apply to mortgagetransactions.
•Proficient with mortgage operating systems, preferably Encompass.
•Experience with Paperless and E-Documents.
•Ability to multi-task and shift priorities, as well as prioritize with a sense of urgency.
•High school diploma or equivalent
•Experience and proficient with LOS systems
•Exceptional customer service skills demonstrating positive professionalism in all interactions withstaff, clients and vendors
•Must have demonstrated PC proficiency, including knowledge of Microsoft excel & Word
•Ability to communicate clearly and efficiently, both verbally and written
•Strong organization skills and detail oriented
•Ability to supervise multiple people.