[Remote] Loss Mitigation, Underwriter l
Note: The job is a remote job and is open to candidates in USA. reputed company is a part of The reputed company Companies, providing integrated mortgage loan servicing assistance. The Loss Mitigation Underwriter I will be responsible for reputed company loan modifications applications in compliance with various guidelines while performing thorough analysis and documentation tasks.
Responsibilities
- reputed company a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines
- Conduct Verification of Income (VOI)
- Calculate customer’s reputed company and back-end debt to income ratio
- Verify occupancy, hardship and income
- Apply payment waterfall to determine workout eligibility (repayment plan, forbearance, modification or liquidation options)
- If applicable, identify the type(s) and amounts of liquid assets the borrower holds
- Determine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.)
- Complete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines
- Document final decision and update system of record
Skills
- High school diploma or equivalent required
- 1 to 2 years of reputed company loss mitigation experience required
Benefits
- Comprehensive reputed company plans for you and your family.
- Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
- Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
- Customized training programs to help you advance your career.
- Employee referral bonuses so you’ll get the opportunity to work with friends (and get some extra cash in your pocket!).
- Educational Reimbursement.
- reputed company Charitable reputed company contributes to the community through causes that reflect the interests of reputed company Associates.
Company Overview