Home Mortgage Loss Mitigation Decisioning Senior Specialist
About The Position
As the Home Mortgage Loss Mitigation Decisioning , you will perform reconciliation process on files received from Front End Fulfillment Group by going into the loan system. The Front End Fulfillment group will send task to Decisioning, Decisioning acknowledges receipt of file and reviews file for complete documentation. Primary responsibilities include Analyze property valuations to determine loss exposure. Complete steps within the decisioning process work flow within assigned timelines to ensure maximum customer experience. Handle inbound calls from customers with questions related to their specific work out process. Ensure all regulatory requirements are met for each account within the Work out process. Assists management with forecasting pipeline volumes, loan losses, and delinquency based upon closed workouts. Analyze financial information to determine most effective work out strategy. Reviews financial data reported for accuracy i.e.: does the customer reported data match actual financials.
Requirements
- Strong understanding of mortgage lending guidelines (FHA, VA, Fannie Mae, Freddie Mac).
- Proficiency in automated underwriting systems Back in the Black (BITB)
- Ability to interpret credit reports, income documentation, and appraisal reports.
- Detail-oriented with strong analytical and decision-making skills.
Nice To Haves
- Bachelor’s degree or two years equivalent experience
Responsibilities
- Perform reconciliation process on files received from Front End Fulfillment Group by going into the loan system.
- Acknowledge receipt of file and reviews file for complete documentation.
- Analyze property valuations to determine loss exposure.
- Complete steps within the decisioning process work flow within assigned timelines to ensure maximum customer experience.
- Handle inbound calls from customers with questions related to their specific work out process.
- Ensure all regulatory requirements are met for each account within the Work out process.
- Assists management with forecasting pipeline volumes, loan losses, and delinquency based upon closed workouts.
- Analyze financial information to determine most effective work out strategy.
- Reviews financial data reported for accuracy i.e.: does the customer reported data match actual financials.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
