Loss Mitigation Quality Assurance Supervisor
CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.
About the role
The Loss Mitigation Quality Assurance Supervisor will support RoundPoint Mortgage Servicing LLC. The Loss Mitigation Quality Assurance Supervisor is responsible for ensuring all Loss Mitigation pre-foreclosure loan workout submissions are conformable with Government agency, Insurer, and Investor Guidelines. The person in this position will manage a team of Portfolio Quality Specialists who review and underwrite loan workouts according to applicable Government agency, Insurer, and Investor Guidelines. This person must have keen attention for detail and experience in a fast-paced environment.
Responsibilities
- Ensure loss mitigation loan workout quality for the entire serviced portfolio
- Manage and lead a team of up to 8 or more Loss Mitigation Quality Assurance Specialists
- Assist team with Underwriting and ensure each loan workout adheres to the applicable Government agency, Insurer, and Investor guidelines.
- Ensure that all guidelines are up to date with government agency and insurer guidelines.
- Conduct monthly, quarterly and yearly reviews and calibrations of managed team.
- Improve and Implement department processes and policy pertaining to portfolio quality.
- Review and validate supporting borrower financial documents and compute applicable financial information.
- Review title reports, original loan documents and valuation information.
- Review applicable net present value models for each loan workout file and ensure input quality.
- Ensure record maintenance quality of applicable loan workout files.
- Incumbent will be responsible for meeting RoundPoint’s commitment to compliance.
Qualifications
- Associate’s degree or equivalent combination of education/experience; bachelor’s degree, preferred.
- 3-5 years’ experience in Leadership and management.
- 3-5 years’ experience in underwriting loss mitigation or origination of mortgage loans
Skills
- Knowledge of PMI, FNMA, FHLMC, FHA, VA, and USDA servicing guidelines
- Knowledge of Federal and State regulations, including RESPA, TILA, ECOA, and HMDA requirements
- Knowledge of loan processing, underwriting and/or closing procedures
- Excellent communication and customer service skills.
- Excellent prioritization and time management skills.
- Proficient with Microsoft Office applications.
- Fidelity/MSP/LPS/BITB experience preferred
Benefits
- Competitive compensation plan
- Robust benefits package including medical, dental, vision, and 401K
- Company-provided short-term disability
- Employee assistance program
- Wellness program