Ocwen Financial Solutions :(Multiple Locations):Underwriter | CTC Upto 9.5 Lacs pa | JC/1175 | Virtual Drive on June 12

 Dear Team,

 

We have virtual drive tomorrow, kindly share relevant profiles  for maximum closures. HR is not ok with 60 days’ notice period. However, he has to be an End to End Underwriter and should be aware on all the below questions.

 

Screening question –

 

1.       Four C’s – Knowledge, experience and understanding. Should have hands on experience on all the four C’s

2.       What are the Income Calculation they are doing – Salaried / Other Income / Self Employed businesses (candidate has to have worked on this)

3.       Types of loans they are working - Conventional Loans ( Private Loan )  / FHA and VA ( Government loan)

4.       How is the DTI calculated.

 

 

 

 

Interview Process:

 

• Send candidate’s CV and tracker as per below mentioned format to Ramili Kulkarni on osmshrconsultancy@gmail.com
• Connect telephonic via conference with Ramili Kulkarni as per the time slot scheduled by her.
• Try to process the candidate who can join immediately or Notice period ranging up to 60 days.
• On Boarding/Joining will be done virtually.

 

 

Sr. No.

Candidate Name

Location

Total Experience

Relevant Experience

Current Company

Current Designation

Current CTC

Expected CTC

Notice Period

Reasons To Quit

Communication Skills on the scale of 10

Domain Knowledge on the scale of 10

Previous Company 1

Previous Company 2

Previous Company 3

Previous Company 4

Previous Company 5

 

 

Company Website: http://www.ocwen.com/

Ocwen Financial Corporation (NYSE: OCN) is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage.

Their mission and vision is to creating positive outcomes for homeowners, communities and investors through caring service and innovative solutions.

Ocwen and its subsidiaries are committed to helping homeowners and delivering exceptional service and value to customers, clients and investors. Job Code  JC/1175 Process Underwriting - US Mortgage No of Openings 20 Gender Male / Female About Process Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines. Co-ordination and collaboration with sales for login and issuance. Completes all required paperwork and forms in a timely and accurate manner Communicate underwriting decisions with processors and advisors Maintenance of Login and issuance MIS. Title Underwriter Location Malad (Mumbai) and Bellendur (Bangalore) Requirement Good communication skills required (7/10) Must be aware of income calculations for various income types like salaried, self-employed & other income Should be able to calculate income & review credit report, assets & collateral and Appraisal Should be aware of all the mortgage documents & agency guidelines Education Graduate with minimum 2 years of experience into core underwriting Candidate who has experience in all the 4C’s of Underwriting will be considered Candidate must have exposure working on various type of loans like Conventional, FHA,VA & USDA Shift timings 5:30pm to 10:00am (any 9 hours shift) Transport Boundaries Target candidates from nearby locations only. Transport Facilities Currently WFH until June 2021 Salary Range Between 7 LPA to 9.5 Lacs pa (Depending upon experience, skill set and last drawn) Weekly Off Saturday and Sunday Fixed off Age Up to 35 years USP Brand, Designation, Growing industry, Growth opportunity, Learning opportunity, Day Shift Rounds of Interview HR - Telephonic (Check previous experience, Qualification, Age, Communication skills, Compensation, Stability) Operations - Telephonic (Check stability & discuss salary) Documents Educational + Identity Proof + Residential Proof + Salary Proof (Bank Statement/Payslip) + Relieving documents Clawback 90 Days Connect us on 07208083220