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Loss Mitigation-Team Lead

3 - 5 years

0 Lacs

chennai tamil nadu india

Posted:1 week ago| Platform: Foundit logo

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Skills Required

loe divorce separation agreement poe child support quit claim deed listing agreement purchase contract forbearance client handling default servicing cycle hud1-settlement statement loan mitigation closing

Work Mode

On-site

Job Type

Full Time

Job Description

  • Candidate should have minimum 3 Years Team handling experience
  • Hands on experience on onshore Client handling with Descent Communication
  • Flexible with Night shift & WFO
  • To have an E2E Bird's Eye view of the Default Servicing cycle of US Mortgage Loan Operations.
  • 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.
  • In Depth knowledge in Listing agreement, HUD1-settlement statement and Purchase contract, Divorce/ Separation agreement, Quit Claim Deed, LOE, POE & Child Support.
  • To have an E2E knowledge on loan default cycle
  • To have knowledge on Forbearance, Forbearance extension and Extension of Forbearance.
  • To have E2E knowledge in closing and knowledge on loan mitigation closing is required. Exposure of working on checklists is an added advantage

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Loss Mitigation-Team Lead

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chennai, tamil nadu, india