Initial Closing Disclosure Analyst

Initial Closing Disclosure Analyst

The Initial Closing Disclosure (ICD) Analyst plays a critical role in the mortgage loan process by preparing, reviewing, and verifying the accuracy of the Initial Closing Disclosures (ICD). This position ensures compliance with regulatory requirements and company policies, ensuring borrowers receive accurate and timely disclosures of loan terms and costs. The ICD Analyst collaborates with internal teams such as loan processors, underwriters, and closing officers to resolve discrepancies and ensure smooth and timely loan closings.

Key Responsibilities

Preparation of Initial Closing Disclosures :

• Generate and review Initial Closing Disclosure (ICD) documents for accuracy and completeness in accordance with company policies and regulatory requirements.
• Ensure that the ICD is sent to the borrower at least three business days prior to closing, adhering to TRID (TILA-RESPA Integrated Disclosure) regulations.

Data Review and Verification :

Compliance and Regulatory Adherence :

Collaboration with Internal Teams :

Quality Assurance and Reporting :

Skills, Knowledge and Expertise

Benefits

About NightOwl Consulting

NightOwl Consulting was born from the desire for more! As prior clients of a BPO, we found ourselves struggling with support, understanding of our business industry, and the treatment of our global family from this, NightOwl Consulting was born. Our mission is to connect companies with world-class talent with the overall vision to build a global family that aspires to reach its highest potential.