Mortgage Shipping Purchase Clearer (Full Time) - Richardson

PROSPERITY BANK•Richardson, TX

1d•Onsite

About The Position

This role is responsible for obtaining signed closing documents from title companies and shipping them to the appropriate investors, as well as insuring government loans. The position requires coordination with title companies, reviewing and organizing documents, maintaining tracking systems, and ensuring timely payments and accurate registrations.

Requirements

High school graduate or equivalent.
Knowledge of mortgage compliance.
3 or more years’ experience in Mortgage loan shipping or document follow up functions

Nice To Haves

Coursework in general office skills helpful.

Responsibilities

Coordinating with title companies to receive final signed closing documents
Review documents and stack per investor requirements and upload into Encompass
Maintain tracking system for all packages
Obtain final checks from title company along with Final Closing Disclosure to forward to mortgage accounting department
Airmail Final Note to investor
Confirm accuracy of MERS registration and transfer
Stack the FHA / VA/USDA file in correct order per agency guidelines
Pay the MIP / FF in a timely manner
Complete Insuring data to FHA/VA/USDA systems for final insuring
Receive, upload, and track final docs Deed of Trust and Title Policy
Maintain tracking log of all final documents and call title/recording office to retrieve missing documents
Maintain tracking log of all government loans for insuring and payments to ensure proper timelines
Correct and return any pending conditions issued by government agency
Maintain system for insuring tracking purposes.
Pull payment letters and investor Goodbye letters and update closing log with purchased loans
Secondary Marketing Liaison for all post purchase investor follow up reconciliations
Obtain purchase advises from all investors and coordinate with mortgage accounting for loan payoff