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Ventures Unlimited Inc · 1 day ago

QC Loan Servicing

Cincinnati, OH

Full-time

Onsite

Entry, Mid Level

2+ years exp

Ventures Unlimited Inc is a global leader in IT services, consulting, and business solutions. They are seeking a QC Loan Servicing professional who will be responsible for reviewing documents related to mortgage servicing to ensure compliance with regulations and proper handling of loans, especially those impacted by FEMA and bankruptcy.

ConsultingInformation TechnologyStaffing Agency

Diversity & Inclusion

Hiring Manager

Prabhakar Choudhary

Responsibilities

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

Qualification

Mortgage servicing experienceMortgage servicing processDocument reviewRegulatory complianceAnalytical skillsProblem resolutionMS Office knowledgeCommunication skills