Job Title:
Loss Mitigation QC
Shift:
US Shift
Location:
Teynampet, Chennai
Work from Office
Key roles and responsibilities:
✓ To have an E2E Bird's Eye view of the Default Servicing cycle of US Mortgage Loan Operations.
✓ 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.
✓ 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 DTI, CLTV, HCLTV calculations
✓ To have knowledge on Forbearance, Forbearance extension and Extension of Forbearance.
✓ Hawkeye for perfection in QC is required.
✓ To have E2E knowledge in closing and knowledge on loan mitigation closing is required.
✓ Exposure of working on checklists is an added advantage.
**An Exposure to tools like MSP Blacknight Director -7, AIQ, repay shall be an added advantage**

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