|
It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Summary The Mortgage Servicing Analyst is responsible for analyzing loans from a pre-selected sample population to ensure compliance to client policies/procedures as well as federal regulations. The analyst will use mortgage servicer systems and loan level documentation and needs to be knowledgeable about mortgage servicing best practices in accordance with new regulations governing national servicing standards. The analyst needs to ensure a good balance between production expectations and quality expectations as set by management. Essential Functions
Analyze loans using mortgage servicing systems and documentation for compliance as defined by client policies/procedures and/or federal regulations like the CFPB, HUD, FHA, Freddie/Fannie servicing standards, etc. Review servicing practices for loans in Bankruptcy, Loss Mitigation, Foreclosure, Default, etc to ensure compliance with federal, state and local regulations as well as servicing standards set by the CFPB or applicable regulatory authority Review mortgage servicing system notes and document repository to review and validate if mortgage servicers acted in accordance with regulatory requirements, or industry best practices. Work closely with the internal Quality Control team and immediately apply feedback received to ensure the department goals are achieved and that client expectations are satisfied. Summarize compliance issues by creating a loan level narrative describing the non-compliant events that occurred Understand and evaluate the mortgage loan default process, as well as conducting quality control audits of servicing practices during that process. Perform other related duties as assigned.
Essential Knowledge, Skills, & Abilities
Knowledge of the servicing standards/best practices as defined by the Client and/or federal guidelines like DOJ or CFBP standards. Knowledge of servicer systems and documentation and affidavits involved in the default process. Detailed analysis in examining recorded notes, transaction histories, and supplemental documents to identify any discrepancies or unusual activities. Regulatory knowledge to include a thorough understanding of relevant regulations and compliance requirements is essential to identify potential infractions. Strong analytical, critical thinking and problem-solving skills. Ability to work in a fast-paced, metrics driven environment to meet client-specific deadlines and departmental goals. Excellent verbal and written communication skills. Proficient knowledge of Microsoft Office Suite, including Word, Excel. Ability to receive and apply constructive feedback to improve efficiency and quality of personal and team performance. Excellent PC skills, including Fidelity, Foreclosure Processing Systems, LPS Desktop, VendorScape, MERS, with ability to transition between multiple systems simultaneously. Commitment and ability to cultivate a diverse and inclusive work environment.
Education
Experience
1+ years of relevant industry experience required. Experience with performing forensic and/or audit file reviews on loss mitigation, default servicing and foreclosure documents and affidavits. 1+ years of Default, Foreclosure, Modification and Loss Mitigation experience.
Compensation and Benefits
Covius offers an extensive benefits package for all employees, including medical, dental, vision and 401k! Compensation: $24.00- $27.00 / hour
Application Guidelines: For best consideration, please submit your resume and application materials by 1/6/25. Review of applications will begin immediately. Employee Classification
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
|
Covius
$24.00 - $27.00 / hr
401(k)
Jan 01, 2025