Tata Consultancy Services · 18 hours ago
Loan Servicing Specialist
Cincinnati, OH
Full-time
Onsite
Entry, Mid Level
$50K/yr - $60K/yr
2+ years expTata Consultancy Services is seeking a Loan Servicing Specialist to manage the mortgage servicing process. The role involves reviewing documents to ensure compliance with regulatory requirements and managing the pipeline for loans while providing assistance options for borrowers.
Business Information SystemsConsultingInformation TechnologyIT Management
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)
Maintaining service level standards
Responding to all emails efficiently
Adhering to all checklist requirements
Qualification
Required
Minimum 24-36 months of US mortgage servicing experience
Knowledge of the mortgage servicing process, documentation and loan terminology
Graduates with a minimum of 24-36 months of US mortgage servicing experience
Preferred
Exposure to Loss Mitigation, Claims Submission Audit and Bankruptcy Management Audit would be an added advantage
Company
Tata Consultancy Services
Tata Consultancy Services is a business solutions company that specializes on information technology services and consulting.
10001+ employees
H1B Sponsorship
Tata Consultancy Services has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7880)
2024 (9690)
2023 (8537)
2022 (11159)
2021 (9813)
2020 (11984)
Funding
Current Stage
Public CompanyTotal Funding
unknown2004-08-25IPO
Leadership Team
K. Krithivasan
Chief Executive Officer & Managing Director
Aarthi Subramanian
President and Chief Operating Officer
Recent News
Business Standard India
2026-01-09
Company data provided by crunchbase