Mortgage Analyst
1 week ago
We have been hired by our client an Indian MNC to hire Mortgage Analyst / Sr. Analyst to be placed at Pune. This role requires Mortgage Compliance and QA Specialist assist with researching and reviewing forms, disclosures, and other documents to validate information and ensure compliance with applicable laws and regulations related to ECOA, HMDA, Regulation B, TRID and RESPA. Duties include compiling appropriate information for reporting purposes and providing direction to others .
KRA:
- Reviews forms, disclosures, and other documents to validate information and ensure compliance with applicable laws and regulations
- Tracks compliance questions and requirements
- Closely work with underwriters for Various denial reasons and Denial codes
- Communicates with loan officers/area managers/team members to provide direction and guidance on applicable regulations.
- Knowledge of two federal laws the Equal Credit Opportunity Act (ECOA), as implemented by Regulation B, and the Fair Credit Reporting Act (FCRA)
- Disclosure requirements under the FCRA mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)
- Take action on the application and notify the applicant according to Regulation Bs standard notice requirements
- Validates the denial codes are Accuracy of the codes
- Knowledge of underwriting policies and guidelines
Competencies/Skills:
- Good Analytical, judgment, logic and reasoning skills
- Being Flexible for working in Multiple Shifts
- Good communication skills .
Qualification:
- Minimum Graduation
Location: Pune (Hinjewadi)
Kindly share your updated cv, current ctc, location pref
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