Default Compliance- Us Mortgage

3 - 8 years

2.5 - 5.0 Lacs P.A.

Chennai

Posted:2 months ago| Platform: Naukri logo

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Skills Required

Loss MitigationUs Residential MortgageUS MortgageLoan ServicingHome RetentionForeclosureTitle SearchPre Underwriting

Work Mode

Work from Office

Job Type

Full Time

Job Description

Job Overview: Basic knowledge about US Mortgage and default servicing process preferably Judicial Foreclosure along with good understanding of Mortgage documents such as Compliance, Notice of Sale, Deed of Trust, Assignment, Title document, Lis Pendens, Judgement. Service mortgage accounts to ensure all Default activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency, and company guidelines Conduct a complete review of files to ensure all default time frames have been met to include underwriting, if applicable. Generate reports on default loan statuses, settlements, and recovery efforts. Ensure compliance with relevant regulations and internal policies in all default servicing activities Roles & Responsibilities Processing tasks as per the process guideliness Meeting assigned productivity and quality targets Adhering to SLAs and TATs Candidate should be open to work in shifts. Interpersonal relationship at work with peers Adhering to organization policies Qualification & Experience Educational qualification and years of experience required in any specific domain/skill for the role Basic Degree completion (15 years of education) Good written and oral communications skills in English US Mortgage Experience in Loss mitigation/Home retention (Minimum 12 Months

IT Services and IT Consulting
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