TCS Profile:
TATA Consultancy Services (TCS) is one of the world’s leading information technology companies. Through its Global Network Delivery ModelTM, Innovation Network, and Solution Accelerators, TCS focuses on helping global organizations address their business challenges effectively. A part of the TATA Group, India’s largest industrial conglomerate, TCS has over 130,000 of the world’s best trained IT consultants in 50 countries. The company generated consolidated revenues of US $5.7 billion for fiscal year ended 31 March, 2008 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com. TCS delivers a level of certainty that no other firm can match-to our clients and to our employees. Come join us and experience certainty in your career.
Job Title:
Pre- Purchase Review Loan Analyst/Senior Mortgage Processor
Relevant Experience (Yrs) :
3+ years of experience in the Mortgage Industry (as a Mortgage Originations Processor/Mortgage Loan Consultant).
Technical/Functional Skills:
-Experience in reviewing and analyze all loan credit, income, and asset documents. (1003 Application, Income (Pay stubs, W2, 1040), Full Appraisal Review, Title, Flood Certificate, Bailee Letter, Escrow details, Sales Contract, Credit Reports, Asset Documents (bank statements, broker statements, gift letters, retirement accounts, etc),
-Ability to Review Conventional and Government mortgage loans for compliance of all applicable guidelines and ensure integrity of all data and process inputs
-Ability to validate integrity of all data, viz a viz the system, and update client systems with the correct information.
-Ability to validate that all Desktop Underwriter/Loan Prospector conditions are met with supporting documentation in loan file and all system inputs are accurate. DU/LP are Fannie and Freddie Automated Underwriter Systems (AUS)
-Experience in specialized mortgages (MECA, CO-OP, loan modifications)
-Ability to resolve outstanding loan stipulations
-Ability to calculate and accurately determine front-end and back-end ratios (LTV, DBR, etc) for credit underwriting decisions.
Experience Required:
- 3 years of experience in the Mortgage Industry, as mortgage originations processor, mortgage loan consultant.
- 6 months experience in credit underwriting, with understanding of FNMA, FHLMC and Government loans would be an added advantage.
Roles & Responsibilities:
Maintain monthly performance measurements: Timeliness, production goals, compliance/regulatory, and customer satisfaction.
Generic Managerial Skills:
Analytical and problem solving skills
Customer service skills (this is a non voice process). Client First concept, though the employee will not be interacting with the borrowers.
Requires organizational and time management skills to balance workload and meet deadlines
Education:
High school diploma
CLICK TO APPLY
Website: http://www.tcs.com
Ph:- 716 207 6199
Tags: loan processor job, mortgage, mortgage jobs, processing
