Loan Boarding / Service Release SME

The right candidate is a substantially-seasoned mortgage servicing “Service Release SME”, and “Loan Boarding SME” that can manage all aspects of the loan boarding division including loan boarding, loan de-boarding, acquisition boarding, and de-boarding, managing the loss mitigation "in-flight" transfers both in and out of the portfolio and leading the division in all required activities, processes, and tasks.

General Duties and Responsibilities:

• Must be able to work on California PST scheduled hours, required
• Responsible for handling and managing the servicing release of loans, sending goodbye letters, reviewing outages, and balancing each transfer, and review all requests for boarding & funding for approval, completeness & accuracy.
• Responsible to enter critical data and information for reporting purposes gleaned and/or translated from the Credit Approval Document, Loan Documentation Checklist, or other documents which supports governmental, regulatory, GL and management reporting.
• Set up all entities, including borrowers, co-borrowers, and guarantors in the mortgage servicing system. Additionally, for all parties to the credit, ensure CIS records have been established prior to funding the loan.
• Determine causes of rejected items and process corrections. Balances work and prepare appropriate GL entries to various cost centers as required.
• Requires strong Excel knowledge intermediate expertise to perform regular Hlookup, Vlookup, and any other organizational boarding file prep.
• Appending and managing large volumes of data from multiple sources via Excel or other loan boarding- / service release-related systems
• Strong project management skills and organizational skills managing large volumes of servicing transfers in a short period of time
• Basic SQL understanding related to servicing queries and data extractions or entry level knowledge and editing

Benefits:

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life & Disability Insurances

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