Mortgage Post Closing Specialist II

M&T Bank • Williamsville, NY

4d • $19 - $31 • Onsite

About The Position

Overview: Ensure that all closed loan files are audited and any document deficiencies are followed up on and resolved to produce a saleable loan file. In addition, all government loans must meet Housing & Urban Development (HUD) and/or Veterans Administration (VA) guidelines for insurance and guaranty of the loans by these agencies. Request underlying original documents from external custodians and lenders for Consolidation, Extension, and Modification Agreements (CEMA's) and prepare appropriate documents for closing. Primary Responsibilities: Expedite the clearing and curing of loan document deficiencies. Confirm, communicate, and clear salability issues on closed loans, for sale on the Secondary Market, in a timely manner. Retrieve missing or corrected documents from various Loan Production Office employees, settlement agents, or insurance companies to resolve the outstanding deficiency. Audit government binder documents according to HUD/VA agency guidelines. Insure loans through online government insuring systems.Remit MIP (mortgage insurance premium) or Funding Fee payments through online government systems. Request underlying original documents from external custodians and lenders for CEMA's. Prepare specific documents to support refinance loans closing as a CEMA.Contact settlement agents and title companies (via phone, fax, or email) to request outstanding documents and/or corrections. Complete various projects, as assigned, either individually or in a team environment .Communicate with impacted areas regarding exceptions as they arise. Monitor and prepare required daily, weekly, and monthly reports for tracking purposes. Scope of Responsibilities: Work closely with both Internal and External Customers such as co-workers, Loan Production Office employees, settlement agents, title companies, insurance agencies, and custodians or external lenders.Trains peers on new policies and procedures and presents ideas to improve processes and workflow Education and Experience Required: High School diploma or GED. Two years prior business experience preferably in Operations (Lender, Title Company or Settlement Agent's office). Education and Experience Preferred: Previous mortgage document audit experience preferred. Associates Degree preferred. Notary public license preferred. Physical Requirements: M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.68 - $31.14 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Williamsville, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice

Requirements

• High School diploma or GED.
• Two years prior business experience preferably in Operations (Lender, Title Company or Settlement Agent's office).

Nice To Haves

• Previous mortgage document audit experience preferred.
• Associates Degree preferred.
• Notary public license preferred.

Responsibilities

• Expedite the clearing and curing of loan document deficiencies.
• Confirm, communicate, and clear salability issues on closed loans, for sale on the Secondary Market, in a timely manner.
• Retrieve missing or corrected documents from various Loan Production Office employees, settlement agents, or insurance companies to resolve the outstanding deficiency.
• Audit government binder documents according to HUD/VA agency guidelines.
• Insure loans through online government insuring systems.
• Remit MIP (mortgage insurance premium) or Funding Fee payments through online government systems.
• Request underlying original documents from external custodians and lenders for CEMA's.
• Prepare specific documents to support refinance loans closing as a CEMA.
• Contact settlement agents and title companies (via phone, fax, or email) to request outstanding documents and/or corrections.
• Complete various projects, as assigned, either individually or in a team environment .
• Communicate with impacted areas regarding exceptions as they arise.
• Monitor and prepare required daily, weekly, and monthly reports for tracking purposes.

Benefits

• competitive benefits ranging from medical and retirement
• forty hours of paid volunteer time, each year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees