Mortgage Fraud Investigator

Who we are:

Cornerstone Capital Bank is a ground-breaking bank, with over $330 million in capital and $2.7 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.

The Mortgage Fraud Investigator is responsible for detecting, investigating, and preventing fraudulent activities related to mortgage lending. This includes examining loan applications, reviewing financial documentation, conducting interviews, collaborating with law enforcement, and preparing investigative reports.

Must be in the Denver or Houston metro areas, position is remote, but must be able to travel to the office on occasion.

What you'll do:

• 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.

Additional duties (Lead SAR Investigator responsibilities and daily collaboration):

• 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.

What you'll need to be successful:

Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:

• 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

Education & Certifications

• Education: A bachelor's degree in criminal justice, finance, accounting, or related fields is often preferred.
• Certifications:




• Certified Fraud Examiner (CFE)
• Additional relevant certifications include: Certified Mortgage Fraud Investigator (CMFI), forensic accounting or investigative credentials.

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, full benefits package, and a potential for a performance-based bonus dependent upon position/department.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.