Mortgage Closing & Servicing Analyst

Family Trust FCU • Rock Hill, SC

2d

About The Position

The Mortgage Closing & Servicing Analyst is responsible for monitoring and maintaining the quality of mortgage loan files for both first mortgage and home equity loans, ensuring the accuracy of the HMDA database, and performing other loan servicing related duties. This position provides support to promote quality service, efficient processes and procedures, and a quality loan portfolio. The role ensures a quality mortgage loan portfolio through effective post-closing procedures, quality control, and efficient monitoring and documentation procedures. Responsibilities include following up on outstanding post-closing items from attorneys on first mortgage loans and HELOCs, ensuring title and insurance documents are accurate and complete for first mortgages and HELOCs, completing boarding forms and check processing for all in-house first mortgage closings, and accurately completing the new loan interface spreadsheet for submission to the third-party subservicing company. This role also involves backing up the creation and sending of proper loan disclosure documentation on new loan applications within regulatory time requirements, maintaining knowledge of and compliance with BSA regulations and internal policies, and coordinating with the 3rd party mortgage servicer on servicing-related items. Other duties may be assigned.

Requirements

• Understanding of mortgage lending procedures.
• Understanding of mortgage related federal regulations and compliance issues.
• Ability to ensure adherence to policies and procedures.
• Ability to maintain, create, and revise procedures as necessary.
• Ability to assist with improving the efficiency and effectiveness of all related processes.
• Ability to provide informed, professional, and accurate service and support.
• Ability to participate in continuing education and training events.
• Ability to work well with other people.

Responsibilities

• Monitor and maintain the quality of mortgage loan files (first mortgage and home equity loans).
• Ensure accuracy of the HMDA database.
• Perform other loan servicing related duties.
• Ensure a quality mortgage loan portfolio through effective post-closing procedures, quality control, and efficient monitoring and documentation procedures.
• Follow up on outstanding post-closing items from attorneys on first mortgage loans and HELOCs.
• Ensure title & insurance documents are accurate and complete for first mortgages and HELOCs.
• Complete boarding forms and check processing for all in-house first mortgage closings.
• Accurately complete the new loan interface spreadsheet and submit to the third-party subservicing company.
• Back-up for creating and sending out proper loan disclosure documentation on new loan applications within regulatory time requirements.
• Maintain knowledge of and comply with all BSA related regulations and internal policies and procedures.
• Coordinate with 3rd party mortgage servicer on servicing related items.
• Exhibit an understanding of mortgage lending procedures and mortgage related federal regulations and compliance issues.
• Maintain, create, and revise procedures as necessary.
• Assist with improving the efficiency and effectiveness of all related processes.
• Provide informed, professional, and accurate service and support to all members and employees.
• Participate in continuing education and training events.
• Ability to work well with other people.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed