Real Estate Servicing Specialist - Chatsworth

Description

The Real Estate Loan Servicing Specialist position is responsible for performing general servicing and accounting functions on all residential real estate loans including loans sold to investors.

• Responsible for processing reconveyance on paid off loans.
• Responsible for processing Participation and Remittance reports for RE Loan Pools.
• Process draw stops on HELOCs.
• Assume responsibility for performing general servicing and accounting functions on all residential real estate loans including loans sold to investors.
• Assist in processing of the monthly Rate and Payment Changes, Balloon Loan notes reports both base loans.
• Process/review required File Maintenance On Base, Episys and FICS reports and immediately communicate any findings (discrepancies) to appropriate teams for resolution.
• Responsible for processing the bi-monthly SNC (State National) Mortgage Insurance reports timely member follow-up and in obtaining proper proof of insurance to cure insurance impairments.
• Responsible for completing research on incoming member dispute or complaints, as well as incoming subpoena requests for documents.
• Monthly, order notes from BNY Mellon and DMI on paid off loan/ payoff loan requests and prepare/process required reconveyance.
• Monitor timely receipt of all trailing docs and ensuring that these documents are uploaded to loan origination system.
• Responsible for processing incoming payoffs
• Responsible for processing Unapplied/Undisbursed reports
• Prepare required weekly reports and submit reports to Management within the designated timeframe.
• Assumes responsibility for the effective performance of the Real Estate Department.
• Assist Collections department in Processing of Real Estate Loan Modifications.
• Assist in processing of all incoming Demand and Payoff requests.
• Assist in processing all incoming Subordination requests for PACU.
• Assist with loan delivery to FNMA as needed.
• Assist in quarterly validation of parties (title and escrow companies).
• Assist in reconciling department general ledgers.
• Assist in processing yearly IRS 1098 reports.
• Serve as back up in the processing of purchase advises from FNMA as loans are purchased.
• Assumes responsibility for establishing and maintaining effective communication and coordination with Premier America Team Members.
• Responsible for processing Successor In Interest requests.
• Assist in processing and payment of the Department monthly invoices.
• Responsible for processing of the HELOC maturity letters.
• Update FNMA P&I Remittance reports and send daily drafts to FNMA.
• Responsible for processing and balancing of Daily Payment file and FNMA LARs.

• A minimum of two (2) years of similar or related experience.
• A high school degree or equivalent
• Thorough knowledge of Mortgage Loan Origination system, Fannie Mae system and regulations, and CORE System.
• Ability to use a personal computer and related software applications including Microsoft Word and Excel.
• Knowledge of Mortgage Loan Processing, Basic Accounting, regulations, credit union products, operations, practices, and procedures.
• Excellent communication skills.
• Strong organizational skills.
• Strong Interpersonal skills.
• Ability to work well under pressure.

The base pay range for this position is: $24-$29/hour.

Our Team Members enjoy the following rewards and benefits:

• Competitive pay
• Subsidized health care including medical, dental and vision
• FSA and HSA
• Company-Paid Life and A&D insurance
• Discounts on loans (must be a member)
• Paid Vacation, Holiday, and Sick time
• 401k Retirement Saving Plan with a 6% safe harbor employer match
• Educational Assistance Program and more!

Equal Opportunity Employer – Veterans / Disabled

Drug-free Workplace