Job Summary
This role is responsible for reviewing critical information pertinent to the closing process with an emphasis on the compliance requirements related to the generation of a closing transaction on a residential mortgage.
This position ensures compliance with Reg Z, X, B Mortgage Disclosure Information Act, Home Ownership Equity Protection Act, Qualified Mortgage, and Ability to Repay and any additional state and federal regulations that affect the loan industry. The closer also validates the following; Title Work, Insurance documents, & Property Tax statements to ensure they comply with Flagstar's policies and to accurately prepare the closing settlement statement.
This is a production based role with a strong quality component required to guarantee success. It requires excellent organizational and communication skills to ensure closing deadlines are met while providing high quality closing document package. It requires the ability to work well under pressure within a limited timeframe to meet service level expectations.
Job Responsibilities:
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