Credit counselor vs consumer loan underwriter

Differences between credit counselor and consumer loan underwriter duties and responsibilities

Credit counselor example responsibilities.

• Manage accounting operations, accounting close, account reporting and reconciliations.
• Conduct underwriting reviews on FHA, VA, and other conforming and non-conforming loans within proper authority limits.
• Gain thorough knowledge of FDCPA laws.
• Complete in-service trainings, CPR training and medication certification course.
• Determine services and assistance need through individual counseling for credit cards and for clients that are at risk for foreclosure.
• Perform comprehensive financial assessment of homeowners facing financial crisis and at risk of foreclosure.
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Consumer loan underwriter example responsibilities.

• Ensure proper coding are accomplished by determining the appropriate code in accordance with ICD-9 and CPT guidelines.
• Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
• Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
• Manage the organization's HMDA data and accurately complete the government reporting annually.
• Render underwritten decisions and subsequently clear conditions per underwriting policies and procedures, including knowledge of FNMA and FMLMC guidelines.
• Generate and distribute IRB committee meeting minutes in accordance with appropriate federal regulations.
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