Loss Mitigation QC Auditor - Performance Bonus Eligible

Ultipro; Houston (TX); Hybrid; USD 55,000 - 75,000; Full time

Benefits offered by this job

Competitive salary

Medical, Dental, Vision

401K

Paid Parental Leave

Life Insurance

Disability insurance

FSA/HSA

Bonus potential

Job summary

Cornerstone Servicing, a division of Cornerstone Capital Bank, seeks a Loss Mitigation Quality Control professional to audit the loss mitigation process in real time. You will provide detailed feedback to managers, ensure compliance with federal, state, investor, insurer, and client rules, and review documents to guarantee accurate final workout terms.

The role requires experience in loss mitigation underwriting, strong organizational skills, and integrity when handling confidential information.

Qualifications

• Minimum 3 years in Loss Mitigation underwriting and operations.
• 5 years of experience preferred.
• Proficient with Microsoft Office Suite.
• Knowledge of Fannie Mae, Freddie Mac, and Ginnie Mae loss mitigation document requirements.
• Understanding of MERS document requirements.

Responsibilities

• Review documents from customers for loss mitigation applications and confirm status.
• Evaluate income and asset documentation for underwriter calculations.
• Analyze underwriting decisions for regulatory adherence.
• Review appeals submitted by customers.
• Confirm accuracy of final workout documents before issue to customers.
• Assist with loss mitigation letters reviews prior to sending.
• Provide feedback and collect data on day-to-day performance of the loss mitigation department.
• Assist with departmental audits and inquiries.

Skills

Loss Mitigation underwriting

Quality Control

Attention to detail

Strong organizational skills

Integrity/confidentiality

Education

High School Diploma or GED

Tools

Microsoft Office Suite (Word, Excel, Outlook)

Black Knight Director 7 (MSP)

Loss Mitigation Solution (LMS)

Job description

Cornerstone Servicing, a division of Cornerstone Capital Bank, seeks a Loss Mitigation Quality Control professional to audit the loss mitigation process in real time. You will provide detailed feedback to managers, ensure compliance with federal, state, investor, insurer, and client rules, and review documents to guarantee accurate final workout terms.

The role requires experience in loss mitigation underwriting, strong organizational skills, and integrity when handling confidential information.