[Remote] Mortgage Fraud Investigator

Note: The job is a remote job and is open to candidates in USA. Cornerstone Capital Bank is an innovative large community bank that excels in mortgage lending and community banking. The Mortgage Fraud Investigator is responsible for detecting, investigating, and preventing fraudulent activities related to mortgage lending, including examining loan applications and collaborating with law enforcement. Responsibilities • Conduct interviews with borrowers, lenders, appraisers, and other parties involved to validate facts and gather additional information. • Develop and implement internal controls and fraud prevention measures. Educate colleagues and stakeholders on best practices. • Monitor emerging trends in mortgage fraud and adapt investigative strategies accordingly. • Collaborate with law enforcement or regulatory agencies when criminal activity is suspected. • Prepare comprehensive investigative reports with findings, recommendations, and possibly statistical analysis. • Investigate fraud across origination, underwriting, processing, servicing of loans, and REO (Real Estate Owned) properties. • Resolve discrepancies between allegations and facts, reassess investigative leads and direction. • Research using public records, credit reporting agencies, social media, and other databases. • Daily communication with the mortgage division to resolve red flags, place conditions in the loan origination system (LOS), and escalate potential fraud issues. • Track investigations; complete investigation write-ups; file and report required Suspicious Activity Reports (SARs); deliver SAR reporting to the business and regulators. • Conduct complete loan analyses for mortgage investigations, including correct income calculations, rental income assessments, debt-to-income (DTI) ratio computations, and re-verification of income and assets. • Review files to identify red flags and utilize tools to investigate business ownership, occupancy, tax returns, paystubs, bank statements, and identity fraud indicators. Skills • Extensive mortgage origination investigations experience is a must, preference of 5 + years • Strong analytical skills to identify complex fraud patterns, review financials, and assess mortgage documents. • Attention to detail is essential for detecting subtle discrepancies in applications and documents. • Ability to conduct interviews and draft clear, impactful investigative reports. • Experience using mortgage processing software and fraud detection tools, plus public records databases. • Strong understanding of mortgage lending laws and regulations. • Ability to problem-solve and research to uncover hidden fraud and develop countermeasures. • Ability to maintain high integrity and confidentiality due to handling sensitive financial information. • Recommends loss mitigation actions • Maintains quality control and production standards • Manage case management/ticket queues • Continuously improve knowledge base and skillset • Exceptional organization and time management a must • Ability to work through stressful situations professionally and respectfully • Perform other job-duty related issues as assigned • Certifications: Certified Fraud Examiner (CFE) • Additional relevant certifications include: Certified Mortgage Fraud Investigator (CMFI), forensic accounting or investigative credentials. Education Requirements • Education: A bachelor’s degree in criminal justice, finance, accounting, or related fields is often preferred. Benefits • Competitive salary • Full benefits package • Potential for a performance-based bonus dependent upon position/department Company Overview • We are a team of dynamic, enthusiastic, and service-oriented individuals who want to make banking and mortgages easier for you. It was founded in undefined, and is headquartered in Houston, Texas, US, with a workforce of 51-200 employees. Its website is Apply tot his job