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 solid 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 robust.
· 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.
· Robust organizational and time management skills.
· Ability to handle multiple tasks and meet deadlines.
📌 Loss Mitigation Qc Chennai
🏢 Consolidated Analytics
📍 Chennai
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