Intern, Correspondent Lending

4 days ago


Mumbai Maharashtra, India Onity Group Inc. Full time

***:
The role of the Loan Setup Reviewer is to review the closed loan file documents and ensure that the loan is closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents received by the different correspondent lenders

**JOB FUNCTIONS AND RESPONSIBILITIES**:
The LSU Reviewer will be responsible to review the closed loan submitted for purchase. The job responsibilities include 'but are not limited to the following:

- Review the loan documents using the LSU checklist for completeness and accuracy of data
- Review all loan types including Conventional, FHA ,VA & USDA
- Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of the above review
- Enter and/or update delivery data in LOS
- General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines a plus
- Detail oriented
- Adhere to strict timelines prescribed by the Management and provide the review response in the desired timeframe
- Flexibility to work in Night Shift (if needed) or change the shift at minimum notice
- Excellent written and verbal communication skills
- Should have good comprehension skills and ensure all changes and updates are immediately adopted
- Experience working in a production environment preferred

**EDUCATION / EXPERIENCE**
- Minimum Bachelor’s degree is a must

**WORK SCHEDULE OR TRAVEL REQUIREMENTS**

Dayshift



  • Mumbai, India Onity Group Inc. Full time

    POSITION SUMMARY:The role of the Loan Setup Reviewer is to review the closed loan file documents and ensure that the loan is closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents received by the different correspondent lenders JOB FUNCTIONS AND...


  • Mumbai, Maharashtra, India Onity Group Inc. Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    POSITION SUMMARY:The role of the Loan Setup Reviewer is to review the closed loan file documents and ensure that the loan is closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents received by the different correspondent lendersJOB FUNCTIONS AND...


  • Mumbai, India PHH Mortgage Full time

    POSITION SUMMARY: The role of the Loan Setup Reviewer is to review the closed loan file documents and ensure that the loan is closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents received by the different correspondent lenders JOB FUNCTIONS AND...


  • Mumbai, Maharashtra, India Onity Group Inc. Full time

    **Position Summary**: The role of the PPR Reviewer is to review the closed loan file documents and ensure that the loan is closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents received by the different correspondent lenders **Job Functions and...

  • Co Lending

    1 week ago


    Mumbai, India MNR Solutions Full time

    **Job description for Internal Audit**: **Designation : CO Lending Assistant** **Location ; Mumbai** **Qualification MBA (fInance/CA)** **Co-Lending** Job description - Develop business processes to ensure operational efficiency and profitability. - Managing strategic partnerships with banks. - Lead negotiations with Banks and Financial Institutions for...


  • Mumbai, Maharashtra, India, Maharashtra Intellect Design Arena Ltd Full time

    Head of Product Management is a senior leadership position reporting into the Business Head –Lending.He/she is responsible for end to end Product Management, This role will oversee the productmanagement team, ensuring the successful development, launch, and optimizationof Lending suite of products that meet market and customer demands thereby...


  • Mumbai, Maharashtra, India Ocwen Financial Full time

    **JOB FUNCTIONS AND RESPONSIBILITIES - Identify loan credit and closing documents for various loan products and index as per the guidelines. - Perform data entry as per the documents into Loan Production System - LOS - Validate/update various loan fields against loan documents to ensure compliance to the guidelines - Ensure the team targets for daily/hourly...


  • Mumbai, India Abacus Consultants Full time

    **5 - 12 years**: **MBA/PGDM**: **WC- Corp banking**: **8 lkh ~ 12 lkh**: **Job Name - PA (Business Unit) **:Relationship Manager : Capital, Commodity Market and Banks Group.** **Job Title **:(Job Name) - Relationship Manager **Business Unit (PA) **:Capital, Commodity Market and Banks Group.** **Job Purpose** The Cooperative Banks /Correspondent Banking...

  • Internal Audit:Head

    2 weeks ago


    Mumbai, India Axis Bank Full time

    Job Description About the Department Internal Audit function of the Bank operates independently under the overall supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance...

  • Internal Audit:Head

    2 weeks ago


    Mumbai, India Axis Bank Full time

    Job Description About the Department Internal Audit function of the Bank operates independently under the overall supervision of the Audit Committee of the Board and is responsible for providing an independent view to the Board of Directors and Senior Management on the quality and efficacy of the internal controls, risk management systems, governance...