Commerce Graduates

Walkin on 15th May

Company Name

Ocwen Financial Solutions Pvt. Ltd

Qualification

Graduate

Experience

0 to 2 yrs.

Work Location

Bengaluru

Job Description

Walkin Drive for Commerce Graduates (0-2 years exp. in US Mortgage)

B.E/B.Tech/Post Graduates need not apply

Contact Person: Shreya Ghosh

Job Description:

An Agency claims analyst handles advance reimbursement claims filing and all other associated activities to GSEs (Freddie Mac, Fannie Mae) and RFC on loans triggered through a disposition. These activities include but are not limited to:
Construct escrow, corporate and NBB (Non Borrower Billable) advance history of the loan utilizing and researching data from REALServicing, Stage5, Vault documents, prior servicer applications or other sources as applicable
Reconcile advance transaction history against outstanding advance balances in the applicable receivable GLs (General Ledger Accounts)
Analyze and identify the advance transactions reimbursable by the investor according to GSE/RFC guidelines
Source all required documentation from CIS, Vault, prior servicer systems or other sources available. If documentation is not received via any system, reach out to the BU and prior servicer where applicable, who incurred the expense to get the documentation
o Keep track of such documentation requests and escalate to management in cases of non-availability of documents and subsequent risk of claim denial
File the claim on the investor portal with sufficient documentation and information as required by the GSE/RFC guidelines
Process denied claims and submit supplemental claims to GSEs/RFC as applicable after researching the denial reason and investor guidelines with compelling reasons
If no recourses remain to get reimbursed by the investor, prepare loss claims to be submitted to prior servicers and/or vendors for bill backs.

Address

  • Walkin Time: From 1 PM - 3 PM
  • Venue: Ocwen Financial Solutions 5th Floor,Pritech Park, Block 12, Ecospace Campus Premises, Sarjapur Road, Bellandur, Bangalore - 560103

Contact

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