Commonwealth Credit Union
Mortgage Servicer I
This job is now closed
Job Description
- Req#: MORTG001730
- Monitoring reports to ensure compliance with mortgage servicing regulations. Tracking may include escrow disbursements, payoffs, lien releases and ARM notices.
- Staying abreast of all applicable laws and regulations to ensure compliance with mortgage servicing guidelines.
- Organizing daily activities to ensure all tasks and follow up items are completed in a timely and accurate manner. This includes payoff and lien releases.
- Complying with procedures for tracking and delivery of the closing disclosure to borrower(s).
- Reviewing all closing and post-closing conditions prior to loan funding.
- Funding loans, requesting wires, updating system, and exporting loans to servicing software.
- Promoting actively all Credit Union products and promotional activities in daily interaction with members to improve their financial wellness.
Our goal is to be an Employer of Choice, and it takes all of us to achieve this. That’s why all Commonwealth Credit Union Team Members are expected to live our Team 1 culture in all facets of their position. Our team is committed to ‘bettering lives through our passion to serve’ and this includes everyone - from our team members to the people in the communities we serve. We do this best when we appreciate each other for our differences, foster connections, and ensure an inclusive environment where everyone can thrive and be successful.
Our Mortgage Servicer assists the Mortgage Loan Originators by providing analytical services on prospective and active credits, participating in discussions as to the accuracy of loan documents. This individual will be reviewing the mortgage documentary scheme on each new extension of credit or renewal, and will be approving its accuracy and completeness prior to the distribution of proceeds.
This individual will be conducting reviews of previously established credit files; correcting any deficiencies that are needed. In addition to performing pre- and post-closing audits for mortgage loans, this individual will also be working closely with our Accounting Department, to monitor and maintain all adjustments affecting general ledger accounts.
This role requires proficiency in Excel, and the ability to learn new software applications with minimal supervision. Key requirements for this position include: the ability to perform various tasks in a fast-paced and considerably paperless work environment, and a strong attention to detail.
The duties of a Mortgage Servicer include, but are not limited to:
This position requires the individual to provide detailed information on Home Equity and/or Mortgage Loans; therefore, registration in the National Mortgage Licensing System (NMLS) is required. If the individual is not currently registered, they will need to pass the applicable background screening to be registered. This screening may be different than what is required for the individual to become employed by the Credit Union.
SOME SATURDAY HOURS ARE REQUIRED
Qualifications
Education
Required
High School or GED
Experience
Preferred
Previous credit union experience, preferred
Mortgage lending experience, preferred
Behaviors
Preferred
Team Player : Works well as a member of a group
Enthusiastic : Shows intense and eager enjoyment and interest
Detail Oriented : Capable of carrying out a given task with all details necessary to get the task done well
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.About the company
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