Mortgage Loan Servicing Specialist - Escrow & Compliance

Mmbba; Springfield (MA); Hybrid; USD 52,000 - 68,000; Full time

Job summary

Mmbba is seeking a Mortgage Loan Servicing Specialist in the United States to perform complex servicing tasks and verify information across loan files. The role includes updating the computer system, paying property taxes on escrows, and ensuring compliance with relevant regulations.

The position requires five years in financial operations or mortgage servicing, computer proficiency with credit union systems, and a high school diploma or GED.

Qualifications

• Five years financial operations and mortgage loan servicing or similar.
• Computer experience necessary with knowledge of credit union systems.

Responsibilities

• Mortgage loan servicing responsibilities.
• FHLB Sold Loans, flood insurance monitoring, property/collateral insurance monitoring and escrow delinquency monitoring.
• Monitor daily loan reports and monthly summary reports and process collateral releases for paid off loans.
• Monitor PMI claims, reports and request for removals.
• Assist in the implementation of loan document imaging.
• Pays property taxes on all escrow accounts.
• Reviews incoming documents to assure complete, accurate information and update information on computer system. Request and verifies accuracy of incoming data and coordinates any problems, discrepancies with borrowers and loan originators.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Skills

Financial operations

Mortgage loan servicing

Data verification

Education

High school diploma or GED

Tools

Credit union systems

Job description

Mmbba is seeking a Mortgage Loan Servicing Specialist in the United States to perform complex servicing tasks and verify information across loan files. The role includes updating the computer system, paying property taxes on escrows, and ensuring compliance with relevant regulations.

The position requires five years in financial operations or mortgage servicing, computer proficiency with credit union systems, and a high school diploma or GED.