Mortgage Compliance Specialist Job Description
Accounting for a Company: An Alternative Career in Compliance, Mortgage Disclosure Desk, Mortgage Processing Skills: A Comprehensive Survey, A Mortgage Compliance Specialist for CountryPlace and more about mortgage compliance specialist job. Get more data about mortgage compliance specialist job for your career planning.
Accounting for a Company: An Alternative Career in Compliance
The average annual salary of a compliance specialist was $86,460 in May of this year. The median annual salary was $76,310. The tenth percentile of compliance specialists earned the lowest amount of money, with the top tenth earning the highest amount.
If you like reviewing financial records but don't want to consider financial transaction compliance, then an accountant or auditor career is a good alternative. An accountant or auditor helps manage revenue and costs of a company. Auditors have to inquire how funds are allocated in the company, while accountants and management have to consult on how the company is performing.
The same requirements are required for accountants and compliance specialists, with an accounting bachelor's or master's degree being required for employment. Tax season increases the hours spent in work. The BLS reports that there will be a 16% growth in accounting employment over the next five years.
If you want to work in financial analysis but don't want to report on compliance regulations, you may be interested in a career in that field. A financial analyst looks at the financial health of a company and gives advice on how to increase revenue and profit. Financial analysts are not a compliance specialist and will need to travel to consult with businesses.
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Mortgage Disclosure Desk
If you are a Mortgage Disclosure Desk analyst, please read on. What you will do to ensure mortgage loan documents follow federal and state regulations.
Mortgage Processing Skills: A Comprehensive Survey
With demand for talented mortgage professionals on the rise, more and more people are trying to break into the lending industry. If you are considering becoming a mortgage and lending professional, you need to have some skills in order to succeed. Which skills do you need for different mortgage specialties?
We know which skills the most talented loan officers, processors, investigators, and other candidates possess because we have screened plenty of mortgage candidates. Below are the skills broken down by job type. Loan processors have a job to do, to make sure that the mortgage is correct.
Being able to spot errors quickly is what makes a loan processor a valuable asset. It is possible that an error may never be caught and that it could affect the mortgage's profitability. The job of scruple is very technical and requires a lot of skill.
Risk assessment is more important than skill. Candidates are not qualified to piece together profitable mortgages and may generate loan structures that are more likely to default if they do not have extensive risk assessment knowledge. To ensure that the lending institution doesn't take a loss on its mortgage, the shirring institution needs to be risk assessment experts.
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A Mortgage Compliance Specialist for CountryPlace
CountryPlace Mortgage is a nationwide mortgage lender. The office of CountryPlace in the Texas is looking for a Mortgage Compliance Specialist. The mortgage and chattel business are affected by the laws and regulations.