Mortgage Quality Control Specialist

The EMAC Group; Detroit (MI); On-site; USD 50,000 - 70,000; Full time

Job summary

The EMAC Group is seeking a Quality Control Specialist in Detroit, Michigan, responsible for reviewing closed loans for compliance and supporting audit processes. The ideal candidate should have 2-3 years of Quality Control experience in the mortgage industry.

This role involves ensuring adherence to servicing guidelines, distributing audit results, and monitoring appraisals. Strong attention to detail and expertise in mortgage loan processes are essential.

Qualifications

• 2-3 years of current Quality Control Experience.
• Previous mortgage QC experience.

Responsibilities

• Review loans for compliance with servicing guidelines.
• Distribute audit results and follow-up with management.
• Order and monitor audit appraisals for potential fraud.

Job description

The EMAC Group is a provider of mortgage recruiting services, we offer an extensive network of mortgage professionals and proven expertise developed over 20 years of experience identifying, attracting and recruiting mortgage talent for our clients.

Job Description

Overall Responsibility: The Quality Control Specialist uses a system of internal controls that provide management with an opportunity to examine and adjust policies and procedures, sets standards, measures performance and determines compliance with government agencies and investors. The Ideal applicant will have 2-3 years of current Quality Control Experience.

Key Responsibilities

1. Review a list of closed, rejected/withdrawn and early payment default loans.
2. Review a list of loans to ensure compliance with servicing guidelines of FNMA, FHLMC and FHA.
3. Distribute audit results and follow-up on responses with appropriate management.
4. Order and monitor field audit appraisals, reverification documentation of income and employment asset information for possible fraud.
5. Copy and ship request full audit review documents to FNMA, FHLMC and VA.
6. Assistance is given in all other areas in order to support the completion of miscellaneous projects, i.e., servicing audits, wholesale.
7. Comply with all internal policies.

Qualifications

Previous mortgage QC experience.