Covetus · 3 days ago
Mortgage Loan Servicing
Cincinnati, OH
Full-time
Onsite
New Grad, Entry Level
$55K/yr - $60K/yrCovetus is seeking a Mortgage Loan Servicing professional to ensure compliance with mortgage servicing processes. The role involves reviewing documents, managing loan pipelines, and ensuring adherence to regulatory requirements throughout various stages of loan servicing.
ConsultingDigital MarketingMobile AppsSoftwareStaffing AgencyWeb DesignWeb Development
No H1B
U.S. Citizen OnlyHiring Manager
Surya Singh
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
Required
Only USC
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
Company
Covetus
Headquartered in Dallas, Tx, Covetus LLC is a trusted name in the IT services industry.
Founded in 2005
51-200 employees
Funding
Current Stage
Growth StageRecent News
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