Collateral Specialist II
Company | Newrez |
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Location | Ambler, PA, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Mid Level |
Requirements
- High School diploma.
- 2+ years of experience in mortgage funding/closing environment preferred
- Working knowledge and proficiency on all Microsoft Office products (especially Excel, Word, Outlook)
- Excellent verbal and written communication skills
- Excellent customer service skills
- Strong proof-reading skills
- Works well under stress
- Strong time-management skills
- Flexible with process changes and system updates
- Strong written and verbal communication skills
Responsibilities
- Review funding loan packages to ensure that closing documents are included and correct
- Follow up with the necessary parties to obtain corrections on closing documents
- Prepare and work daily reports to avoid late delivery penalties
- Identify errors in closing documents then follow through with corrections
- Correspond with the escrow/title companies, internal customers, and/or brokers in performing all tasks associated with obtaining and reviewing pertinent mortgage documents
- Daily reporting to management of outstanding document exceptions to avoid penalties and the delay of loan sales
- Daily monitoring of new and ongoing document exceptions
- Working with internal departments and external companies to coordinate the resolution of exceptions and errors. Such as brokers, title company, warehouse facilities
- Responsible for processing the release of documents to warehouse banks
- Communicate with custodian/warehouse bank to confirm processes and expectations
- Maintaining data integrity in our internal systems for dates, data tracking and reporting
- Performs related duties as assigned by supervisor.
Preferred Qualifications
- 2+ years of experience in mortgage funding/closing environment preferred