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    Mortgage Workflow Specialist - Union, United States - Tata Consultancy Services

    Tata Consultancy Services
    Tata Consultancy Services Union, United States

    3 weeks ago

    Tata Consultancy Services background
    Description
    Mortgage back-office operations deals with various sub-processes within the Mortgage Originations domain.This position will be responsible for various dutiesrelating to the pre-closing and monitoring of loans prior to closing. The Pre-closereview specialist will always exhibit a high level of professionalism andconfidentiality, communicate with processors and closers prior to closing ofloans. Must have knowledge of state and federal guidelines to ensure all filesare complaint.

    Position Hours: 11am - 8pm EST (time may change on business needs)

    Duties & Responsibilities:

    1. Review loans for Originations, Pre-Funding /Post Funding,Closing functions to ensure that all compliance requirements are met and allinformation matches/is consistent across all file documents
    2. Review file prior to closing for missing initial loandocumentation
    3. Review file expiration dates to ensure documents arevalid at closing
    4. Complete Review of Loan Estimate and Closing Disclosures
    5. Review of all documents in the closing package includingloan specific docs and state specific docs
    6. Ensure that the underwriter's conditions have beensatisfied.
    7. Setting up of Escrow accounts and ensure property titlesare clear and the buyer and sellers agreement is fulfilled
    8. Responsible for ensuring proper supporting documentationfor change of circumstance and timing requirements
    9. All Vendor documents like Appraisal, Title, Insurance,Tax documents etc. to be reviewed and validated
    10. Reviewing all preliminary documents provided fromattorney/title company to include, but not limited to: Title binder, survey,termite report, Hazard/Flood insurance binder, Deed, HUD1 Settlement
    11. Adhere to internal policies to ensure compliance withlegal parameters as well as company policies and procedures
    Skill/Competency Requirements:
    1. Knowledgeand understanding of entire mortgage loan process
    2. Knowledgein Pre-Closing Audit preferred
    3. MicrosoftOffice Suite (Excel, Word, PowerPoint, Outlook)
    4. Strongattention to detail / Analytical Skills
    5. Excellentcommunication skills (written and/or oral)


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