A heavier regulatory burden for mortgage companies has been keeping an international outsourcing firm busy recruiting.
Indecomm Global Services has hired more than a hundred new U.S. employees during recent months.
U.S. headcount has climbed past 400 employees from around 200 a year ago. International staffing totals 3,000.
Behind the expansion is increased demand from mortgage lenders for outsourcing services.
“The positions are needed to supply outsourcing services to mortgage lenders under cost pressure from new regulations and internal corporate mandates,” the Iselin, N.J.-based company announced. “The regulations range from federal consent orders to operational reviews and loan origination services such as loan set up, processing, underwriting, compliance and closing.
Indecomm said that it plans to add another 150 full-time employees this year.
Among the specialty jobs being filled are underwriters, processors and closers. Other openings include compliance experts, loss mitigation experts and quality control specialists.
“The demand on mortgage originators for cost effective solutions that allow variable costing and scalability is a trend we expect to continue,” Rajan Nair, president of the financial services division, said in a statement. “Our unique technology platform-driven outsourcing solutions combine with our flexible delivery model to help mortgage originators address their marketplace challenges.”
