Quality Control

Chennai - India

Monthly Salary: Not Disclosed

Posted on: 7 hours ago

Vacancies: 1 Vacancy

Job Summary

Pre-funding Reviews: Audits conducted before loans are finalized to catch errors early.
Post-closing Audits: Typically a random sample of at least 10% of monthly production is reviewed within 90 days of closing to identify deficiencies.
Compliance Checks: Ensuring adherence to regulations like TILA-RESPA FDCPA and ECOA.
Servicing QC: Monitoring loan servicing activities including escrow payment processing and loss mitigation.
Technology Integration: Utilizing AI and data analytics for auditing trend analysis and identifying potential fraud.

Appraisal Validity: Ensuring property valuations are accurate.
Documentation Integrity: Verifying that all legal documents disclosures and signatures are complete and accurate.
Loan File Accuracy: Re-verifying credit reports and borrower income information.

Pre-funding Reviews: Audits conducted before loans are finalized to catch errors early. Post-closing Audits: Typically a random sample of at least 10% of monthly production is reviewed within 90 days of closing to identify deficiencies. Compliance Checks: Ensuring adherence to regulations like T...