Mortgage Repurchase Analyst

Responsibilities:

• Manage and support repurchase workstreams for both GSEs: the Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) portfolios
• Facilitate the repurchase process, create and distribute weekly trackers, and obtain updates for counterparties.
• Track incoming responses and upload them timely to Government Sponsored Entities (GSE) websites.
• Work with internal and external stakeholders to ensure adherence to investor policies and procedures.
• Assign appropriate sub-servicers in the Mortgage Electronic Registration System (MERS) on loans, ensure accuracy of mandatory system reports, process deactivations or transfers to Non-MERS, and conduct monthly reconciliation of all system required fields.
• Provide data and documentation requested for MERS document reviews.
• Liaison with Government Sponsored Enterprise (GSE) to resolve escalated items related to operational oversight workstreams.
• Collaborate with document custodians to ensure accurate reporting and leverage data manipulation and reconciliation techniques to resolve any discrepancies and exceptions.
• Work with sub-servicers on aged outstanding invoices due to Fannie Mae.
• Work with sub-servicers to confirm the breach date, bill type, and any prior settlements.

Education and Experience:

• Bachelor's degree in a business-related field.
• 2-4 years of experience working in a financial business.
• Mortgage Loan Repurchase facilitation experience required
• Mortgage Electronic Registration System (MERS) assignment experience required
• Aged Invoice management experience required
• Escalation experience required

Benefits:

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