Service Transfer Coordinator
Location
United States
Posted
67 days ago
Salary
$27 - $36 / hour
Seniority
Mid Level
No structured requirement data.
Job Description
Service Transfer Coordinator
First American
Role Description Service Transfer Coordinator - Provides a wide range of support in the day-to-day workflow in conjunction with servicing transfers and MSR acquisitions. - Participates in due diligence activities from deal initiation through execution. - Gathers and creates auditable project documentation, including but not limited to due diligence activities, data mapping decisions and customer impact assessments. - Maintains project schedules, task lists and reporting for loan acquisitions and servicing transfers. - Ensures appropriate Agency forms, approvals and instructions are completed for new sub-servicing relationships. - Maintains appropriate files by transfer or acquisition, which contain relevant information relating to the sale and transfer. - Follows up with prior servicer for all needed loan information or documentation related to the servicing transfer. - Works closely with internal servicing business units to ensure information needed from prior servicer is delivered timely and in a useful format and makes updates to the system of record as needed. - Ensures complete deal onboarding by confirming receipt of electronic data, loan images and physical loan documents and other transaction settlement requirements. - Reviews repurchase demands from the Agencies and works with counterparties to resolve repurchase demands. - Manages outstanding claims due from counterparties. - Manages service release repurchases and/or interim servicing. - Follows functional area’s processes and procedures in daily activities, troubleshoots as needed and recommends suggestions for continuous improvements to overall operations. - Actively contributes to the results of a team and works toward achieving goals and objectives. Qualifications - High School diploma or equivalent. - Some college preferred. - 1-3 years mortgage experience with understanding of the loan servicing life cycle. - 3+ years of experience within the mortgage industry preferred. - Black Knight MSP experience preferred. - Residential mortgage management experience preferred. Requirements - Working knowledge of fundamental concepts, practices and procedures used within the mortgage industry. - Self-motivated. Ability to accomplish goal/project-oriented work with minimal supervision. - Strong organizational skills and ability to meet demands and strict deadlines. - Must be able to accept ownership of related duties. - Strong time-management, organizational, and project planning skills. - Strong presentation skills. - Strong verbal and written communication skills. Benefits - Comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave. - Employee stock purchase plan.
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