Loan Collateral Specialist

Easy Street Capital; Austin (TX); On-site; USD 80,000 - 105,000; Full time

Benefits offered by this job

Health insurance

401(k)

Paid vacation time

Paid sick leave

Weekly in office lunch

Downtown office

Job summary

Easy Street Capital is seeking a detail-oriented Collateral Management Specialist to oversee original loan collateral throughout the lifecycle of residential mortgages. You will liaise with title companies, custodians, county offices, and investors to ensure collateral is complete and enforceable.

The role requires strong organizational skills, mortgage documentation knowledge, and the ability to maintain precise collateral records while meeting investor and regulatory requirements.

Qualifications

• Bachelor's degree preferred or equivalent industry experience.
• 5+ years of experience in mortgage operations, collateral management, document custody, loan servicing, post-closing, or secondary marketing.
• Strong understanding of residential mortgage documentation including Promissory Notes, Mortgages, Deeds of Trust, Assignments, Allonges, Title Insurance Policies, and Recorded Instruments.

Responsibilities

• Coordinate the receipt of original loan collateral packages from title companies, settlement agents, attorneys, and closing partners.
• Review incoming collateral for completeness and accuracy.
• Track outstanding collateral packages until fully received.
• Maintain an accurate collateral inventory within the Company's tracking systems.
• Ensure all original collateral is securely stored or shipped to the appropriate document custodian.
• Maintain complete chain-of-custody records for all original documents.
• Serve as the Company's primary point of contact with third-party document custodians, including Computershare.
• Assignment and Allonge Administration
• Lien Release Administration
• Recording Coordination
• Bailee Letter Administration
• Collateral Quality Control
• Investor, Warehouse and Audit Support
• Process Management
• Lien Releases

Skills

Mortgage operations

Collateral management

Document custody

Post-closing

Secondary marketing

Organizational skills

Project management

Communication skills

Education

Bachelor's degree or equivalent industry experience

Tools

Microsoft Excel

Microsoft Office

Job description

Easy Street Capital is a private real estate lender headquartered in Austin, Texas serving real estate investors around the country. Defined by an experienced team and innovative loan programs, Easy Street Capital is the ideal financing partner for real estate investors of all experience levels and specialties. Whether an investor is fixing and flipping, financing a cash-flowing rental, or building ground-up, we have a solution to fit those needs.

Job Description:

Easy Street Capital is seeking a detail-oriented and highly organized Collateral Management Specialist to oversee the custody, tracking, perfection, and administration of original loan collateral throughout the entire lifecycle of residential mortgage loans.

This position plays a critical role in protecting the Company's collateral by ensuring original loan documents are properly received, tracked, perfected, maintained, transferred, and released. The Specialist will serve as the primary liaison between title companies, custodians, county recording offices, warehouse lenders, investors, servicers, attorneys, and internal departments to ensure collateral is complete, enforceable, and readily available for financing, securitizations, loan sales, and audits.

The ideal candidate possesses exceptional organizational skills, understands mortgage documentation, and is passionate about maintaining accurate collateral records while meeting strict investor and regulatory requirements.

Responsibilities:

• Coordinate the receipt of original loan collateral packages from title companies, settlement agents, attorneys, and closing partners.
• Review incoming collateral for completeness and accuracy.
• Track outstanding collateral packages until fully received.
• Maintain an accurate collateral inventory within the Company's tracking systems.
• Ensure all original collateral is securely stored or shipped to the appropriate document custodian.
• Maintain complete chain-of-custody records for all original documents.
• Serve as the Company's primary point of contact with third-party document custodians, including Computershare.
• Assignment and Allonge Administration
• Lien Release Administration
• Recording Coordination
• Bailee Letter Administration
• Collateral Quality Control
• Investor, Warehouse and Audit Support
• Process Management
• Lien Releases

Required Qualifications:

• Bachelor's degree preferred or equivalent industry experience.
• 5+ years of experience in mortgage operations, collateral management, document custody, loan servicing, post-closing, or secondary marketing.
• Strong understanding of residential mortgage documentation including: Promissory Notes, Mortgages, Deeds of Trust, Assignments, Allonges, Title Insurance Policies, and Recorded Instruments
• Experience working with document custodians preferred.
• Experience coordinating with county recording offices.
• Familiarity with mortgage servicing and loan sale transactions.
• Strong organizational and project management skills.
• Excellent written and verbal communication skills.
• Advanced proficiency with Microsoft Excel and Microsoft Office.
• Company sponsored health insurance
• Company sponosred 401(k)
• Paid vacation time
• Paid sick leave
• Weekly in office lunch
• Work with a fun, fast-paced team in a vibrant downtown office