Loss Mitigation QC (Chennai)

Loss Mitigation QC (Chennai)

31 Jul
|
Consolidated Analytics
|
Chennai

31 Jul

Consolidated Analytics

Chennai

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 solid.

· 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.

📌 Loss Mitigation QC (Chennai)
🏢 Consolidated Analytics
📍 Chennai

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