Ocwen Financial Loan Processor, Operations - Retail Processing in Rancho Cordova, California

Liberty Home Equity Solutions, Inc., a wholly owned subsidiary of Ocwen Financial, is one of the nation s largest reverse mortgage lenders. Headquartered in Rancho Cordova, CA (near Sacramento), Liberty has provided home equity financing for homeowners, mortgage bankers and financial professionals since 2003 and is poised for significant growth in the years ahead as part of a Fortune 1000 mortgage company.

At Liberty, we are passionate about changing the lives of customers and helping our employees succeed in a fast-faced, entrepreneurial culture that promotes teamwork, innovation and success. Join Liberty today to be part of one of the fastest-growing companies in the reverse mortgage industry.

Under the supervision of the Manager, Processing, the loan processor will process reverse mortgage loans in accordance with established policies and procedures and appropriate guidelines; provides strong communication and support to underwriting, loan advisors, and clients to clear conditions as needed.

Job Functions:

  • Performs document and processing system audit to ensure information integrity - Manages a pipeline of 40 to 50 loans per month

  • Review loans in process daily and determines what is needed to process loans quickly

  • Funds a minimum of 15 loans per month

  • Signs off on Tier 1 underwriting conditions

  • Process HECM refinance transactions

  • Review loans to ensure loan/property meets FHA and Investor guidelines

  • Enters data from new loan applications and other documents into computer system

  • Reviews credit reports, appraisals, flood certifications and preliminary title reports.

  • Provides follow-up on a consistent basis with clients and loan advisors during the loan processing period

  • Analyzes loan files and submits completed loans for approval to underwriting

  • Responds to inquiries from clients, advisors and vendor partners regarding status of loans in process

  • Ensures regulatory compliance

  • Processes approval and denial letters

  • Maintains status of all files in process and updates as needed; keeps abreast of all FHA and Investor guidelines and changes that may affect loan status

  • Performs other duties as assigned

Qualifications :

  • Two or more years related experience or equivalent

  • High school diploma, GED, equivalent certification, or military experience

  • Thorough working knowledge of real estate documentation, policies, compliance and procedures

  • High level of proficiency with mortgage loan processing and underwriting systems- Excellent written and oral communication skills

  • Strong organizational, problem-solving, and analytical skills

  • Ability to manage priorities and workflow

  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm

  • Acute attention to detail

  • Proficient on computer programs required for position

  • Excellent client service skills

  • Proven ability to handle multiple projects and meet deadlines

  • Strong interpersonal skills

  • Good judgment with the ability to make timely and sound decisions

  • Bilingual skills are preferred

  • Ability to effectively present information and respond to questions

  • Ability to effectively communicate with people at all levels and from various backgrounds

Ocwen Financial Corporation, our affiliates and subsidiaries (“Ocwen ) is an Equal Opportunity Employer. Ocwen and its affiliated companies recruit and hire qualified candidates without regard to race, religion, color, sex, sexual orientation, age, national origin, citizenship and veteran or disability status, or any factors prohibited by law.

Primary Location :

Rancho Cordova-California-United States

Work Location :

Rancho Cordova

10951 White Rock Road, Suite 200

Rancho Cordova - 95670

Job :

Mortgage Operations

Organization :

US Business Unit

Schedule :

Regular

Full-time

Job Posting :

Jun 29, 2017, 03:59:45 PM