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Escrow Analysis Processor
Freedom Mortgage
Camden, NJ, United States
Job Details - this job has expired, please see similar jobs below
As a member of our Servicing team will perform assigned functions within Escrow Administration timely and accurately while remaining compliant with all state, federal and investor guidelines.
Essential Job Functions:
• Provide training to new hires and serve as the initial resource for questions from new or existing staff on designated activities/functions.
• Assist with identification or refresher training topics based on observation or results and assist with training on the same.
• Interact with outsourcing vendors for information and account updates relative to real estate tax processing, insurance tracking and hazard loss claims.
• Set-up payee headers; reconcile disbursements and escrow refunds.
• Assist with vendor issues, such as pulling legal description, loading flood determinations, etc.
• Assist in responding to audits, procuring documents, with department mailings and other clerical duties.
• Handle/process checks and wires, stop payments, return checks and refunds.
• Department lead for completion of monthly escrow analysis trial reviews.
• Coordinate escrow analysis out of compliance reviews.
• Perform quality control testing of escrow analysis and PMI billing report.
• Correct and analyze PMI DI exceptions.
• Administer the PMI/MIP removal process to ensure that coverage is removed in accordance with applicable investor and regulatory requirements.
• Research items related to tax penalties, tax and insurance matters, loss draft claims and/or escalated client issues.
• Perform various functions on mortgage servicing system, including but not limited to, review/clear assigned tasks within required timeframes; documents required notations; monitor vendor tasks and responses.
• Monitor/respond to email inquiries.
• Coordinate department audit requests.
• Advise supervisor/manager of status of work, unresolved escalated items and/ or potential risk/exposure issues.