Loan Servicing Tax and Escrow Specialist

Location
Wakefield, Massachusetts
Salary
$62,000.00
Posted
Dec 20, 2024
Closes
Jan 19, 2025
Specialty
Lending
Type
Full Time
Level
Experienced
Education Level
High School

Position Overview:

Under the general supervision of the VP/Loan Services, performs a variety of clerical and Administrative tasks in connection with the servicing of Consumer, Commercial and Residential Mortgage Loans.

Essential Job Functions:

*Manage the process of processing quarterly tax payments using Corelogic.

*Perform Annual Escrow Analysis for all residential and commercial loans.

*Assist in New Loan Setups in COCC Core Interface with Encompass.

*Track all insurance using the Lee and Mason Vendor.  Process forced placed policies as needed and track renewals.

*Assist in processing loan payments, construction advances and loan participation transactions.

*Key contributor for managing loan servicing email box and telephone coverage for customer facing inquiries and requests for any loan related services.

*Perform related loan servicing tasks and special projects as required or assigned.

*Keeps abreast of federal and state laws and regulations pertaining to consumer rights, nondiscrimination, fair credit reporting, HMDA, etc.

Requirements:

*Must have superior proficiency with a core loan system (ours is COCC).

*Must have proficiency with Corelogic Tax Service.

*Loan/Business systems - Encompass (LOS), and Microsoft Excel and Word.

*Ability to communicate effectively and professionally with both internal and external customers.

*Ability to multi-task, assist and support others in the department as needed.

 

 

 

 

 

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