Mortgage Servicing Transactions Specialist

MidFirst Bank; Oklahoma City (OK); On-site; USD 42,000 - 64,000; Full time

Job summary

MidFirst Bank is seeking a Legal/Transaction Support specialist to organize and assist the daily responsibilities associated with mortgage servicing transfers and management of contracts.

You will support onboarding from onboarding through closing, prepare and review legal documents, maintain checklists, and coordinate closing documents.

This role requires strong communication, attention to detail, and proficiency with Microsoft Office; mortgage servicing experience is a plus.

Qualifications

• Associate’s degree or Paralegal certificate from an accredited program or strong commensurate experience would be considered
• Experience with mortgage servicing is a plus but not required.
• Project management skills are a plus but not required.
• Previous experience or internship in a corporate legal environment is a plus but not required.

Responsibilities

• Direct support of all Mortgage acquisition projects beginning with onboarding ending with a successful mortgage servicing transfer
• Assist with the preparation, review, and organization of legal documents related to transactions, including contracts, agreements, and closing documents.
• Maintain and update transaction checklist to ensure all deadlines and requirement are met prior to closing, during closing, and post-closing.
• Coordinate and organize documents for closings, including preparing signatures, compiling documents, and storing final executed copies.
• Coordinate and conduct routine meetings with Sellers throughout the transaction lifecycle.
• Identify and communicate onboarding counterparty issues.
• Support onboarding & closing timeline with external counterparty.
• Manage, coordinate, and track closing and post-closing matters effectively.
• Provide support to Management, Analysts, and Corporate Technology on the design, development and management of servicing transfer reporting, infrastructure and workflow.
• Communicate details of upcoming servicing transfers with internal and external stakeholders including executed agreements, transfer instructions, and controls.
• Situational involvement with internal workgroups for specialized projects.
• Provide assistance in drafting, reviewing, and approving prior servicer claims including review and approval of letters, reporting, and meditation of appealed claims.
• Provide support to management on situational guidance to business units on interpretation and contract application to loan-level scenarios.

Education

Associate’s degree or Paralegal certificate

Tools

Microsoft Office

Job description

MidFirst Bank is seeking a Legal/Transaction Support specialist to organize and assist the daily responsibilities associated with mortgage servicing transfers and management of contracts.

You will support onboarding from onboarding through closing, prepare and review legal documents, maintain checklists, and coordinate closing documents.

This role requires strong communication, attention to detail, and proficiency with Microsoft Office; mortgage servicing experience is a plus.