CRA Mortgage Originator
M&T BankFull Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
San Diego, California, United States
Candidates should possess a Bachelor’s degree in business, economics, or a related field, and a minimum of three years of experience as a mortgage product specialist or in a related position. They should have proficiency with computer systems, including MS Office (Word, Excel, and Outlook), and experience with 1-4 unit residential mortgage lending programs and underwriting requirements, including Fannie Mae, Freddie Mac, and non-agency investors. Strong analytical and technical writing skills are also required.
The Product Development Specialist will research and analyze industry trends and business needs to identify product opportunities, collaborate with business units to define product features and scope, design program requirements and product features, and document program requirements. They will evaluate product performance, pricing, and competitive comparisons, present findings to senior management, work with business area leaders to determine new product impact, and work with a shared-resource project manager to establish product rollout timelines. Additionally, the role involves maintaining loan program guidelines, developing investor relationships, liaising with Fannie Mae and Freddie Mac, Mortgage Insurance Companies, and other secondary market functions.
Mortgage lending and loan servicing solutions
Plaza Home Mortgage provides a range of mortgage products, including conventional loans, FHA loans, VA loans, and specialized options like home equity and reverse mortgages. They operate through Wholesale lending, partnering with brokers for tailored solutions, and Correspondent lending, assisting banks in managing their loan portfolios. The company generates revenue from origination and servicing fees and has reintroduced the Solutions Non-QM program to serve borrowers outside traditional criteria. Their goal is to enhance client relationships through education and continuous improvement.