Loss Mitigation QC Specialist

Job Summary:

We are seeking a highly motivated and detail-oriented Loss Mitigation QC Specialist to join our Mortgage Servicing team. The successful candidate will be responsible for managing the end-to-end process of default servicing for US mortgages, ensuring compliance with all relevant regulations and investor guidelines. This role requires strong analytical skills, excellent communication abilities, and a thorough understanding of the mortgage servicing industry.

Primary Accountabilities:

• To have an end to end knowledge of US Mortgage Default Servicing cycle
• To have fair knowledge on Underwriting & Closing process in Loss Mitigation
• Capable of reviewing and quality check files related to LM and UW
• Should be able to work on various loan divisions such as Fannie Mae, Freddie Mac, FHA, VA, USDA & Asset Loans
• Performing income calculations (Pay stubs, Self-employment, Rental Income, Pension/SSI) based on the guidelines and Mortgage Application Assistance hardship requirements in underwriting process.
• To have end to end knowledge in loan mitigation process is required.
• Exposure of working on checklists is an added advantage.

Education:

A bachelor's degree in business administration, finance, or a similar discipline is preferred.

Experience:

2 - 3 years of minimum experience in US mortgage industry, mostly handling default servicing.

Expertise:

Comprehensive understanding of Default servicing, Loss Mitigation process and exposure to MSP.

Skills:

• Ability to think critically and solve problems is strong.
• Excellent communication skills both in writing and speaking.
• Proficiency using Word, Excel, and Outlook from the Microsoft Office Suite.
• Familiarity with systems and software used in mortgage servicing.

Attributes:

• High attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills.
• Ability to handle multiple tasks and meet deadlines.

Careers:

We're always hiring talented professionals who want to grow, lead, and win.