Mortage Loan Processor-Hybrid

Elyon International•Portland, OR

22d•Hybrid

About The Position

Perform complex mortgage loan servicing and administration functions that support investor clients and borrower requirements, while assisting with routine servicing functions. The role contributes to company success through customer service and meeting or exceeding performance objectives. Responsibilities include maintaining assigned loan portfolios in compliance with loan documents; analyzing loan portfolios and collateral; coordinating with correspondent servicers; reviewing transfer, assumption, and modification requests; and validating servicing-system data. The position also supports payoff quotes and transactions, reconveyances, escrow analysis, and responses to borrower, management, rating agency, auditor, and investor inquiries. The position requires clear written and oral communication, organization and prioritization, collaboration, and the ability to analyze reports, spreadsheets, procedures, property inspections, rent rolls, and financial statements. A degree in accounting, finance, or a related field is required, along with one to two years of relevant work experience in a dynamic office environment or an equivalent combination of education and relevant experience. Working knowledge of mortgage databases, financial spreadsheet software, and technical and legal information applicable to mortgage loan servicing is required.

Requirements

Degree in accounting, finance, or a related field.
One to two years of relevant work experience in a dynamic office environment, or an equivalent combination of education and relevant experience.
Demonstrated ability to communicate ideas clearly in writing and verbally.
Ability to organize workload and prioritize tasks to meet changing priorities and deadlines.
Ability to work collaboratively with peers and team members.
Ability to compile and analyze computer-generated reports, spreadsheets, procedural documentation, reference materials, property inspections, rent rolls, and financial statements.
Ability to maintain current knowledge and skills to effectively use available technology.
Working knowledge of mortgage database and financial spreadsheet software.
Working knowledge of technical and legal information applicable to mortgage loan servicing.

Responsibilities

Maintain assigned loan portfolios in compliance with loan documents, including insurance coverage, property tax payments, UCCs, and timely loan payments; pursue delinquent payments, taxes, and insurance evidence; handle loss claims; recommend further action on noncompliant loans; report results; and maintain loan documentation.
Analyze mortgage loan portfolios by reviewing operating statements, rent rolls, collateral valuations, and financial statements; maintain debt coverage ratio and loan-to-value data; direct correspondents on annual property inspections; monitor collateral condition; report results; and maintain loan documentation.
Develop and maintain relationships with assigned correspondents and monitor compliance with servicing agreements; ensure timely remittance and recording of payments; review Agent Trial Balances and correct discrepancies; and coordinate customer-service responses to inquiries.
Analyze transfer, assumption, and modification requests, recommend action to management, and communicate decisions in writing to borrowers or correspondent servicers; support new loan setup; process loan modifications in loan files and servicing systems; and maintain documentation.
Validate mortgage loan servicing system data; prepare payoff quotes and loan status statements; process payoff transactions, reconveyances, and escrow analysis accurately and promptly; and respond to inquiries from borrowers, management, rating agencies, auditors, and investors.