Cornerstone Capital Bank

Manager

• Lead the strategy, administration, and resolution of mortgage repurchase and indemnification requests
• Review, analyze, and rebut repurchase demands from investors, GSEs, and agencies including Fannie Mae, Freddie Mac, HUD, and VA
• Review, analyze, and rebut mortgage insurance rescission demands and appeal rescission notices
• Independently manage the repurchase demand pipeline and meet all demand appeal deadlines
• Create and manage reports tracking loan losses, defect trends, and key metrics
• Manage EPD requests, request payments, and determine default trends and causes
• Manage relationships with investors, GSEs, mortgage insurers, and warehouse lenders
• Conduct deep-dive audits of underwriting, closing, and servicing files
• Draft formal rebuttals and negotiate settlements or alternative resolutions with investors
• Negotiate Repurchase Alternatives and conduct Impasse calls when available
• Partner with capital markets, legal, underwriting, sales, quality control, servicing, and finance/accounting teams on remediation, accountability, action plans, and training opportunities
• Request repurchase funds and facilitate the return of collateral and transfer of servicing after funds are received
• Monitor repurchase trends, identify root causes, drive corrective actions, recommend process improvements, enhance controls, and support enterprise risk management objectives

Mortgage Loan Repurchase Manager

Transaction Coordinator

• Support Customers and Loan Officers in delivering outstanding service
• Input, organize, and distribute information and documents to Loan Officers and Processors
• Access information across the internet
• Input information into loan origination software
• Facilitate setting up each mortgage loan file according to applicable guidelines and direction from loan officers and processors
• Work within a tight-knit, goal-oriented team
• Develop deep mortgage knowledge with potential transition into operations or loan officer support

• Manage one or more branch offices
• Recruit, train, mentor, and coach branch team members
• Increase overall annual closed loan volume in full compliance with laws, regulations, and Company policies and procedures
• Manage branch operations and expenses
• Hire branch employees according to Company hiring practices and procedures
• Manage daily affairs of branch offices
• Direct branch employee work
• Monitor employee performance and adherence to Company policies and procedures
• Make hiring and dismissal decisions
• Comply with applicable laws and regulations related to mortgage lending
• Participate in management decisions and initiatives for the entire region
• Liaise between branches, the region, and corporate office
• Ensure compliance in all divisions in the area
• Enhance the Company’s image nationally and locally

Mortgage Loan Repurchase Manager

Transaction Coordinator

Area Manager – Non-Prod