Post Closing Mortgage Specialist

Job Description

Description :

Role Definition : Monitors for and reviews closed loan documents for compliance, completeness and accuracy. Validates system data and conducts follow-up document tracking.

I. Receive, audit and file original loan Note collateral documents and closed loan trailing documents from PFI's, correspondent and non-correspondent banks to meet investor requirements. Coordinate necessary document corrections as applicable.

II. Assists with review and completion of FHLB loan documents submitted by PFI's for purchase approval.

III. Manage pipeline of outstanding documents. Update internal systems to reflect receipt of outstanding documents and file electronic and / or original documents. Communicate effectively with banks regarding missing or inaccurate documents.

IV. Assists with audit of Correspondent loans approved for purchase to ensure completeness and accuracy for delivery to investors for loan sale.

V. Assists with shipping of original loan Note collateral documents to investor custodians for certification and sale processing.

VI. Serve as a Mail Distribution back up and assist with other duties as needed.

Requirements :

A. Required Education : High school diploma or general education degree (GED)

B. Required Work Experience : One to two years of related experience and / or training; or equivalent combination of education and experience.

C. Technology Skills : Microsoft Office, Loan Origination software, basic internet skills

D. Required Skills or traits for the position : Professional communication skills, ability to prioritize multiple tasks, work independently, desire to learn and contribute to the success of the department and company.

E. Specialized Training / Certifications : N / A

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