Associate Financial Analyst
Hyderabad, Telangana, India
A Home Mortgage Department responsible for making timely payments to attorneys whohave been appointed by the bank to perform legal work related to Foreclosure, Bankruptcy,Deed-in-Lieu and Eviction procedures when a borrower defaults.• Reviewing the invoices sent by attorneys and the required documents attached and pay theattorney’s basis the fees and costs allowable within a 4day TAT, compliance rules regulatedby state FHA, FNMA, FHLMC, and VA guidelines.• Monitors foreclosure, bankruptcy, deed in lieu and eviction loans and ensures that foreclosureactions are completed in a timely manner.• A Home Mortgage Department responsible for making timely payments to attorneys who have been appointed by the bank to perform legal work related to Foreclosure, Bankruptcy, Deed-in-Lieu and Eviction procedures when a borrower defaults.• Reviewing the invoices sent by attorneys and the required documents attached and pay the attorney’s basis the fees and costs allowable within a 4day TAT, compliance rules regulated by state FHA, FNMA, FHLMC, and VA guidelines. • Monitors foreclosure, bankruptcy, deed in lieu and eviction loans and ensure that foreclosure actions are completed in a timely manner. Make sure investor, insurer and state guidelines are followed in order to prevent financial losses to the company. • Analyze loan data while resolving in pending delays to continue with foreclosure proceedings. Checked loan documentation against database& applications like MSP, Black Knight Desktop and share point to ensure accuracy.• Attentively review aged loans daily in search for problems or delays to ensure resolution of issue and hold process. Coordinates agenda notes for conference calls for internal team members to identify servicing errors, procedural and process changes • Responsible for daily processing of all Incoming and Outgoing documents. • Assist in other areas of Department. Clearing out and working queues assigned daily