Collateral Servicing Specialist

RoundPoint Mortgage Servicing•Fort Mill, SC

6d•Onsite

About The Position

The Collateral Servicing Specialist is responsible for researching and reviewing borrower requests related to partial lien releases, easements, other types of property modifications, subordinations, CEMAs, and Co-Ops. In addition, the Collateral Servicing Specialist is responsible for maintaining a working relationship with the document custodians to request collateral files needed for various reasons, including paid-in-full loans, CEMAs, Co-Ops, repurchases, and foreclosure.

Requirements

2+ years of mortgage servicing experience
Knowledge of legal descriptions, surveys, and property related proposed agreements
Intermediate computer skills, including Microsoft Excel and additional Microsoft products
Strong oral and written communication skills
Problem-solving skills to identify issues and concerns, and participate in the solutions
Able to multitask and stay organized in a fast-paced environment
Ability to work independently as well as cooperatively within a team environment

Nice To Haves

Experience with partial lien releases, easements, and other types of property modification requests, subordinations, CEMAs, and Co-Ops.
Experience using MSP mortgage servicing platform

Responsibilities

Review incoming borrower requests for partial lien releases, easements, additions of land, eminent domain cases, boundary line adjustments, and subdivisions.
Work directly with RoundPoint’s preferred firm to examine CEMA and Co-Op collateral documents to close CEMA and Co-Op transactions.
Assist external clients with second-lien subordinations.
Maintain a working relationship with document custodians to request and monitor the timely release of original collateral documentation for various reasons.
Research the locations of collateral files for bulk transactions from other departments, such as service transfers or records management.
Prepare assignments of mortgage and allonges.
Educate and stay up to date on federal, state, agency and client guidelines, policies, and procedures.
Identify enhancements to streamline processes and improve efficiencies.
Identify potential issues or concerns and participate in a solution, including recommending and developing new policies and procedures.
Assist with additional projects or tasks as needed.