Website PennyMac Loan Services, LLC
The Default Reporting Analyst is responsible for ensuring the accuracy of delinquent loan status reporting to the following investors: FHA, VA, USDA, Fannie Mae, and Freddie Mac. Analytical support is provided through monitoring of trial and exception reports in preparation for monthly transmissions, as well as, the post-transmission validation process where corrections are made, where necessary. The Default Reporting Analyst may provide additional analytical support to the lines of business within the Default Servicing division. Additional duties may include monitoring for milestone compliance in the loan modification process, monitoring adherence to FHA first legal deadlines, and reconciliation of fees and costs on completed loan modifications.
Refresh daily trial/exception reports and resolve loan-level issues to ensure accurate default reporting. Engage with partners in Default lines of business to resolve process-level impediments to accurate reporting.
Review error reports provided after each monthly transmission and correct/resolve errors within prescribed timeframes.
Research and respond to investor requests for information or changes to reporting.
Research and respond to internal and external audit requests, where required.
Monitor key loan modification process milestones and requests for foreclosure holds, ensuring compliance with regulatory requirements (i.e., CFPB, HUD, etc.).
Monitor adherence to first legal deadlines on FHA loans, ensuring that manual extension requests are made by the line of business, where applicable.
Reconcile fees and costs after the completion of loan modifications
Perform other related duties as required and assigned
Demonstrate behaviors which are aligned with the organization’s desired culture and values.
Qualifications:
Mortgage industry experience required
Must be highly proficient in Excel and Word; SQL skills are a plus
Ability to manipulate and analyze large datasets, mainly in Excel
Must be a team player with strong attention to detail and ability to work independently
Proven track record at delivering timely and accurate information in a fast-paced environment
Excellent critical thinking, problem solving, mathematical skills, and sound judgment
Strong business acumen and ability to interface with executive management
