What are the responsibilities and job description for the Mortgage servicing position at Techtrueup?
Company Description
Siri InfoSolutions, Inc. is a private equity consortium firm providing IT staffing services to Fortune 500 clients across the US. We believe that it’s an exceptional company - a company of people proud of the work they do and the solutions they provide. By understanding what drives our specialty industries, becoming involved in our communities on a professional and personal basis, following a disciplined process of identifying quality candidates, partnering with employers to understand their core business and their employment requirements, and delivering exceptional service, we achieve great results for all concerned. Professional Services: - Contract Staffing - Direct placements - Bench Sales - Application Development - Enterprise Resource Planning - Data Warehousing - Customer Relationship Management Siriinfo provides services to a wide spectrum of customers across verticals such as Banking, Financial Services, Healthcare, Human Resources, Telecom, Insurance, Hospitality, Retail & Distribution and Manufacturing. Serving multinational customers. Siri InfoSolutions reinforces its belief that the quality of our services can only be measured by the skills, performance and dedication of our employees. We will place only the very best candidates for our clients - candidates who are not only willing, but who possess the necessary skills to do the job effectively.
Website
https://www.siriinfo.com/
Job Description
Title : Mortgage servicing
Location: Cincinnati, OH
Duration: 6 months
Job Description
This process involves reviewing documents to ensure that the correct process is followed to collect the mortgage payment, property which are impacted by FEMA are being serviced correctly, foreclosure process is followed correctly, looking for assistance options to verify if all eligible programs have been offered etc. Manage the pipeline for loans ensuring all actions are compliant with regulatory requirements
• Understanding job requirements and consistent delivery to set targets
• Review of 1098/1099 documents
• Ensure rate adjustment was correctly calculated, and the required notices sent within the regulatory requirements.
• Audit Bankruptcy documentation to confirm loans in a bankruptcy stage are properly handled,
• Review of documents to confirm that loan payments are processed correctly and applied to the loan appropriately as per Note and applicable regulations.
• Documents review to confirm the proper filing of claims to mortgage insurance providers.
• Audit documentation to confirm proper processes are followed for the collection of missed payments, solicitations of assistance options, and the mailing of required notices, and pull a soft credit report
• Confirms escrow account functions are being performed properly.
• Review of documents to confirm loans impacted by a FEMA declared disaster event are being serviced correctly and applicable assistance is being provided
• Audit documentation to confirm the foreclosure process, from initiation through final settlement is completed in a timely manner and in accordance with applicable policies, regulations, federal, state, and local laws
• Review of documents to confirm loans are being serviced correctly for both monitored and unmonitored hazard claims.
• Review of loans with Lender Placed Insurance (LPI) that were sent appropriate notices before the LPI was applied to the loan and the LPI was removed when required
• Audit documentation to confirm loans have been carefully reviewed for assistance options, all eligible programs have been offered, the finalization of a permanent assistance option is completed, and the loan is removed from the Loss Mitigation Workstation in a timely manner when appropriate
• Review of documents to confirm the payoff provided was accurate and the lien release process was completed properly
• Audit loans to confirm whether loan-servicing records are properly transferred (i.e., loan data, amounts, documents, and established policies are followed.
Additional responsibilities for the reviewer include:
• Maintaining service level standards
• Responding to all emails efficiently
• Adhering to all checklist requirements
Person Specification
Knowledge/Experience:
• Minimum 24-36 months of US mortgage servicing experience
• Knowledge of the mortgage servicing process, documentation and loan terminology
Competencies/Skills:
• Strong communication skills, verbal and written
• Strong analytical skills
• Demonstrated ability to resolve complicated issues as they arise
• Flexible (Willingness to work in night shift),
• Knowledge of MS Office
• Positive and flexible attitude
• Attention to detail
• Customer focused
• Good Team Player/Strong Interpersonal skills
Additional Information
All your information will be kept confidential according to EEO guidelines.