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Covetus · 23 hours ago

Mortgage Loan Specialist

Cincinnati, OH

Full-time

Onsite

Entry, Mid Level

2+ years exp

Covetus is seeking a Mortgage Loan Specialist who will be responsible for reviewing documents to ensure compliance with mortgage payment processes and servicing requirements. The role involves auditing documentation related to bankruptcy, foreclosure, and FEMA-impacted loans to ensure proper handling and assistance options are offered.

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Hiring Manager

Nikhil Jaiswal

Responsibilities

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

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

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

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

Audit loans to confirm whether loan-servicing records are properly transferred (i.e., loan data, amounts, documents, and established policies are followed