Loan Servicing Equity Processor

Loan Servicing Equity Processor

At Regions, the Loan Servicing Equity Processor collects and validates documents received for the loan file to be submitted to underwriting for final approval.

Primary Responsibilities

• Processes equity review
• Collects documentation to determine whether to foreclose, charge off, monitor a loan that is over 100 days past due (appraisal, credit report, title, etc)
• Calculates the amount of equity needed to make a decision
• Communicates with the customer to validate the data integrity of the loan file and loan application
• Collects and reviews the documentation as required by the underwriter
• Manages and updates the loan status every three business days
• Orders third party documentation to support data collected in file or required for final loan approval
• Submits completed files to underwriting in a timely manner to attain the closing date of the loan

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

Skills and Competencies

Reviews and Processes Delinquent Account Workflow.

Researches and Assists with Title Research and Issue Resolution.

Completes phone calls as needed

Position Type Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include : experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target :

Minimum : $32,465.00 USD

Median : $38,648.40 USD

Incentive Pay Plans : This job is not incentive eligible.

Benefits Information :

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

Location Details

Location :

Hattiesburg, Mississippi

Equal Opportunity Employer / including Disabled / Veterans