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Default Fulfillment Underwriter

Wheeler Staffing Partners

Meriden, CT

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JOB DETAILS
SALARY
$25
SKILLS
Analysis Skills, Communication Skills, Credit Analysis, Credit Reports, Customer Support/Service, Decision Support, Detail Oriented, Documentation, Loan Restructuring, Loan Servicing, Loss Mitigation, Maintain Compliance, Mathematics, Mortgage Collections, Mortgage Lending, Mortgage Servicing, Organizational Skills, Presentation/Verbal Skills, Problem Solving Skills, Regulatory Compliance, Regulatory Requirements, Short Sales, Underwriting, User Interface/Experience (UI/UX), Writing Skills
LOCATION
Meriden, CT
POSTED
19 days ago

Job Title: Default Fulfillment Underwriter
Employment Type: Contract – Open Ended
Pay Range: $24 – $29 per hour
Schedule: Monday – Friday, 8:30 AM – 5:00 PM
Location: Meriden, CT (Onsite | Not Remote)
Position Overview
Wheeler Staffing Partners is seeking a Default Fulfillment Underwriter to join our client’s team in Meriden, CT. This contract role is responsible for reviewing, analyzing, and processing borrower requests for loan modifications, short sales, and deeds-in-lieu. The Default Fulfillment Underwriter ensures compliance with all required documentation, validates borrower income and assets, and performs debt-to-income calculations to support accurate decision-making.
Key Responsibilities

  • Review and analyze borrower requests for loan modifications, short sales, and deeds-in-lieu.

  • Audit packages to confirm all required borrower documentation is submitted.

  • Collaborate with Default Servicing Processors and Mitigation Coordinators to resolve missing items.

  • Review borrower financial and income documentation, including paystubs and tax returns.

  • Validate borrower income and assets; review credit reports.

  • Perform manual calculations of front-end and back-end Debt-to-Income (DTI) ratios.

  • Calculate new monthly payments based on modified loan rates.

  • Provide modification findings to Default Servicing Management for decision-making.

  • Partner with Default Closers to prepare and send final modification agreements to borrowers.

  • Complete HAMP and FHLMC reporting as required.

  • Recommend denial of workout options when borrowers are not eligible, ensuring manager review.

  • Maintain compliance with all regulatory requirements, including CFPB guidelines.

  • Perform other duties as assigned.
Qualifications
Required:

  • High school diploma or equivalent.

  • Minimum 5 years of experience in mortgage underwriting, collections, or loss mitigation.

  • Minimum 2 years of experience in mortgage loan servicing.

  • Strong understanding of the loan modification process.

  • Knowledge of mortgage loan documents and CFPB regulations.

  • Experience reviewing complex financial documentation and credit reports.

  • Strong analytical, mathematical, and problem-solving skills.

  • Effective written and verbal communication skills.

  • Excellent organizational skills and attention to detail.

  • Strong customer service commitment.

  • Proficiency in Microsoft Office and mortgage origination systems.

Preferred:

  • Some college coursework.

  • Experience with MSP systems.
Why Join Wheeler Staffing Partners?
At Wheeler Staffing Partners, we connect top professionals with rewarding career opportunities. This role provides the chance to apply your mortgage underwriting expertise in a dynamic environment while making a meaningful impact in loss mitigation and default servicing.

About the Company

W

Wheeler Staffing Partners

Wheeler Staffing Partners' (WSP) has outstanding client relationships providing consultants with access to some of the most desirable employment opportunities across the nation. Our experience, the solutions we provide, our business processes, and partnerships with our consultants and clients has made the company one of the most sought after placement firms for job seekers and companies of all sizes. WSP, provides all candidates with career opportunities, skill assessments, and interview consulting services and our clients with the candidates that meet their culture and skill set. From our Executive Retained Search Teams, Direct Hire and Contract Staffing Professionals to our RPO Service offerings, we create models to deliver a world-class service, with a sense of urgency and professionalism at the best price. Let us put our expertise and services to work for you!

COMPANY SIZE
50 to 99 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
2014
WEBSITE
http://wheelersp.com/