Spec, Loss Mit Doc II

Freedom Mortgage • Evesham Township, NJ

427d

About The Position

The Spec, Loss Mit Doc II is responsible for reviewing loss mitigation options for various loan types and assisting with document management. This role involves maintaining communication with multiple teams, ensuring compliance with timelines, and accurately processing incoming documents from borrowers.

Requirements

• 1-2 years experience as LM Document Specialist, I or one year related experience and/or training.
• Some College/Associates Degree or equivalent from a two-year college or technical school preferred.
• Proficient in Microsoft Excel and Adobe Acrobat.
• Familiarity with mortgage and financial documents.

Nice To Haves

• Experience with processing documents in a mortgage context.

Responsibilities

• Review all incoming documents received from borrowers.
• Notate system of record with documents received and documents still needed from borrowers.
• Upload all documentation from borrowers into Tempo and ensure it's loaded into the system of record (EDMS).
• Issue letters to borrowers advising what items are still needed to send file to Underwriting.
• Communicate with Underwriting, Mediations, Litigation, Foreclosure, and SPOC teams on file statuses.
• Review files with pending Foreclosure sale dates to determine if they can be sent to Underwriting for a decision.
• Review reports daily to ensure items completed the previous day were done accurately and correctly.
• Respond to emails and Comtags daily in a professional and accurate manner.
• Ensure compliance with established timelines and quality decisions for each file assigned.
• Track, sort, and open incoming e-mails and faxes from borrowers and authorized third parties.
• Digitally combine packages and check image for quality and accuracy.
• Identify correct borrower loan number and cross-reference in LoanServ and Account Connect.
• Load document images to electronic document repository database (EDMS) and accurately categorize/index them.
• Create CIT flag in LoanServ notifying responsible business unit of document upload.

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree