Mortgage Loan Servicing

3 days ago

Salem, India Indecomm Global Services Full time

**Job Brief**:
The Mortgage Servicing Specialist/Lead is responsible for overseeing the preparation, analysis, processing, and documentation of all required forms and related documentation for both Performing and Non-Performing loans. This role ensures compliance with state, investor, and regulatory rules and regulations, as well as adherence to all relevant laws.

**Roles and Responsibilities**:

- Key focus areas:

- Meet and exceed client expectations in servicing, delivery accuracy, investor reporting, document control, custodial account management, loss mitigation, reporting, and lender compliance.
- Ensure error-free completion of all deliverables.
- Performing Loans Experience:

- Monthly agency reporting, remittance, and reconciliation.
- Prepare, review, and distribute borrower mortgage statements monthly.
- Perform monthly reconciliations of cash accounts and escrow/reserve balances.
- Manage escrow maintenance, analysis, and payment processing.
- Post payments, escrow, reserve activity, and update loan information in the servicing software.
- Prepare pre-closing escrow analysis and interest calculations, and review pre-closing statements for accuracy.
- Review and record loan closing and securitization proceeds, as well as warehouse activity.
- Review loan documents and onboard newly originated loans into the servicing software.
- Generate and provide payment histories upon borrower requests.
- Contribute to agency audits.
- Non-Performing Loans Experience:

- Manage a portfolio of delinquent loans, ensuring compliance with all Bank and regulatory (CFPB & OCC) guidelines.
- Conduct collateral evaluations and provide written equity analysis for foreclosure, repossession, and legal action recommendations.
- Utilize loss mitigation techniques to explore available programs for borrowers in default or imminent default.
- Implement proactive charge-off recovery strategies to encourage repayment and minimize losses.
- Provide administrative support, including reporting, quality control, system coding, process changes, and forms management.
- Deliver effective customer service and responsiveness to internal and external stakeholders.

**Requirements**:

- Bachelor’s degree in business, banking, finance, or a related field.
- 3 to 5 years of overall experience in mortgage servicing.
- Strong written and verbal communication skills.
- Proficiency in executing quality control measures within loan servicing.
- Ability to conduct detailed root cause analysis of client issues and problems.
- Highly detail-oriented with excellent analytical skills.
- Strong organizational skills with the ability to prioritize effectively.
- Proficiency in Microsoft Office Suite.
- Working experience in Mortgage Servicing Platforms (e.g., Data Tree, Data Trace, LoanSphere, Black Knight) preferred.
- Flexibility to work day and night shifts as needed.

  • Us Mortgage Analyst

    2 weeks ago

    Coimbatore, Erode, Salem, India Newbie Soft Solutions Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesA Mortgage Underwriter plays a crucial role in the mortgage lending process by assessing the creditworthiness and risk profile of potential borrowers. The position involves analyzing financial information, reviewing loan applications, and making informed decisions to approve, conditionally approve, or deny mortgage loans. This role...

  • Gold Loan Field Sales Executive

    1 week ago

    Salem, India Excelus Learning Solutions Full time

    **DBS Bank(Lakshmi Vilas Bank) - GOLD LOAN - FIELD SALES OFFICER** **DBS Bank(Lakshmi Vilas Bank) - GOLD LOAN - FIELD SALES OFFICER (Experience Must in Banking Sector Any Loan Sales Experience - Housing Loan, Gold Loan, Mortgage Loan,, Account Opening, Personal Loan, Auto Loan, Credit Card Sales)** 1. Experience **:6 Month's To 5 Year's (Experience Must In...

  • Bank Lap Sales Officer Salem

    4 days ago

    Salem, India Kaarlo Training & HR Solutions Pvt. Ltd. Full time

    Drive the sales of LAP and related financial products in the locations Salem namely Mettur Dum, Ayothiyapattinam, Kaveripattinam, Dharmapuri. - Cultivate and expand relationships with customers, promoting various loan products including CLAP, LAP, Loan Against Property, Home Loan, Equity Loan, and Mortgage Loan. - Achieve and exceed sales targets through...

  • Sales & Marketing

    1 day ago

    Salem, India Sri Sai Tech HR Solutions Pvt Ltd Full time

    **Job Description: - ** **Designation: Sales & Marketing - Direct On Roll Job - Banking Sales Officer -( Filed Sales & Marketing)** **Salary: CTC 15k to 22k + Incentives ( Fresher's welcome )** **Experience: Minimum 6month to 1 Years any kind of Sales Experience** **(Banking Sales, Commercial Loan Sales, Finance Sales, Medical Ref, Home Loan, Mortgage...

  • Relationship Executive

    1 day ago

    Salem, India Sri Sai Tech & HR Solutions Full time

    **Job Description: - ** **Designation: - Relationship executive - Direct Bank On Roll Job** **Salary: CTC 15k to 22k + Incentives** **Experience: Minimum 6month to 1 Years any kind of Sales Experience** **(Banking Sales, Commercial Loan Sales, Finance Sales, Medical Ref, Home Loan, Mortgage Loan, Personal Loan, Business Loan, Agriculture Loan, Showroom...

  • Branch Executive

    6 days ago

    Salem, India KARUR GOLD FINANCE Full time

    Title: Branch Manager - Gold Loan Industry **Job Overview**: The Branch Manager in the Gold Loan industry is responsible for overseeing the day-to-day operations of a branch that specializes in providing gold loans. This role requires a combination of leadership, financial acumen, customer service, and team management skills to ensure the branch's success...

  • Branch Executive

    1 day ago

    Salem, India KARUR GOLD FINANCE Full time

    Title: Branch Manager - Gold Loan Industry **Job Overview**: The Branch Manager in the Gold Loan industry is responsible for overseeing the day-to-day operations of a branch that specializes in providing gold loans. This role requires a combination of leadership, financial acumen, customer service, and team management skills to ensure the branch's success...

  • Field Sales Executive

    1 week ago

    Salem, India Excelus Learning Solutions Full time

    **GOLD LOAN - FIELD SALES OFFICER** **DBS(Lakshmi Vilas Bank) - Gold Loan - FIELD SALES OFFICER (Experience Must in Banking Sector Any Loan Sales Experience - Gold Loan, Mortgage Loan, Housing Loan, Account Opening, Personal Loan, Auto Loan, Credit Card Sales)** 1. Experience : 6 Month's To 5 Year's (Experience Must In Banking or Finance Sector) 2....

  • [High Salary] Relationship Manager Jobs Opening in Adithya IT Solutions Pvt Ltd at SalemLess

    2 weeks ago

    Salem, India Adithya IT Solutions Pvt Ltd Full time

    A Relationship Manager (RM) builds and maintains strong, long-term relationships with clients or customers, acting as a primary point of contact and ensuring their needs are met. They focus on customer satisfaction, issue resolution, and identifying opportunities for business growth. RMs also collaborate with internal teams like sales and marketing to...

  • Lap Sales Officer

    6 days ago

    Salem, India L&T FINANCE LTD Full time

    LAP, HOUSING LOAN. MORTGAGE EXPERIENCE CANDIDATES **Job Types**: Full-time, Permanent **Salary**: ₹15,500.00 - ₹24,500.00 per month **Benefits**: - Cell phone reimbursement - Life insurance - Provident Fund Day range: - Monday to Friday - Weekend availability Shift: - Day shift Supplemental pay types: - Yearly bonus Ability to...