Job Description

Description

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Ready to be a Cooper too? This might just be right up your alley!

We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.

Lenders (banks) who acquire loans from another smaller lender (correspondent) against prior price commitments the bank has made to the Correspondent.

The commitment protects the bank against pipeline risk and the correspondent against price risk. Correspondent lenders typically operate with either a bulk of flow model.

Bulk: will purchase a group of loans in a single transaction.

Flow: will purchase individual loans as they are originated. SALARIED Multi-Product SPECIALIST / LOAN OFFICER / ACCOUNT EXEC Working with more senior staff or Branch Manager, develops the knowledge and skills to solicit and originate business or lead servicing staff. With extensive supervision, structures and completes various banking transactions. Assists in negotiation of terms, and follows through to closing. May work on less complex transactions while developing knowledge base. Works within the strategies and guidelines established by senior management.

This is a first level position within an origination, sales, or relationship management function. No supervisor responsibilities. Typically have less than 3 years of experience. No officer title Limited knowledge and experience. 30% Tactical, 70% Transactional

Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self.  We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive.  Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation.  We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.

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Summary