Summary
Overview
Work History
Education
Skills
Disclaimer
Personal Traits
Timeline
Generic
R. LAKSHMISREE

R. LAKSHMISREE

Summary

Results-driven Analyst with expertise in loan processing and document verification at Firstsource Limited. Proven track record in managing foreclosure processes and ensuring compliance with regulations. Adept at analyzing financial documents and delivering accurate Borrower Closing Disclosure packages. Strong attention to detail and effective communication skills enhance collaboration with internal and external stakeholders.

Overview

5
5
years of professional experience

Work History

Analyst

Firstsource limited
06.2020 - 12.2023
  • Verifying the closing cost fees in Closing disclosure as per the Clint guidelines
  • Managed foreclosure process from default through REO (real estate owned) sale in compliance with state and federal regulations. Verifying the all executed documents and updating the details into the application.
  • Performed due diligence and document review to verify loan default status and initiate foreclosure proceedings.
  • Reviewed and managed bankruptcy filings (Chapters 7, 11, and 13) to protect creditor interests.
  • Analyzed financial documents to assess eligibility for different bankruptcy chapters.
  • Runs the early check, UCD and LCA report and checking for alerts and fails
  • Sending the fails to compliance team and re run the report and upload the document into the application.
  • Run the export and import file in client server and delivered loan and update the client application.
  • Verifying the all riders as per client application using mortgage documents.
  • Checking the all taxes in tax information sheet and title documents as per guidelines.
  • Updating the all required information in ULDD.

Associate

HGS systems
12.2018 - 06.2020
  • Worked with third-party vendors to address and clear loan closing requirements.
  • Scanned and uploaded loan and related documents into system.
  • Carried out pre-funding and funding functions.
  • Ship closed loan files to investors and notes to warehouse banks.
  • Obtain missing information, prepares files, and provides support to internal and external customers.
  • Responsible for receiving and logging collateral documents containing mortgage documents such as Note, Mortgage/Deed of Trusts, Title Policies, Assignments and Modification Agreements.
  • Generate daily reports for each branch reflecting pending conditions for loan purchase.
  • Prepare Borrower Closing Disclosure packages in accordance with Regulatory and investor standards and provide detail oriented instructions to Borrower.
  • Assist with mortgage loan closing process by reviewing loan documents for compliance, completeness and accuracy.
  • Review post-closing documents as needed: Follow up on errors/corrections and ship to investor within required time frames to avoid errors or monetary losses.

Education

Degree -

Gnanambica degree college
Madanapalle

Skills

  • Loan processing
  • Post closing
  • Closing disclosure
  • Document verification
  • Bankruptcy review
  • Foreclosure management

Disclaimer

I hereby declare that the above-mentioned information is true to the best of my knowledge and belief.

Personal Traits

  • Willingness to learn new concepts and apply them to yield successful results
  • Quick learner, goal-oriented, adaptive easily to new situations
  • Excellent type writing skills
  • Ability to communicate and work within a diverse team and independently

Timeline

Analyst

Firstsource limited
06.2020 - 12.2023

Associate

HGS systems
12.2018 - 06.2020

Degree -

Gnanambica degree college

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R. LAKSHMISREE