Mortgage Insurance Processor

Freedom Mortgage • Evesham Township, NJ

289d • Remote

About The Position

The Processor, Escrow is responsible for performing assigned functions within Escrow Administration timely and accurately while remaining compliant with all state, federal and investor guidelines.

Requirements

• Minimum 2 years mortgage servicing experience preferably in Real estate taxes, homeowners insurance, flood, Mortgage Insurance and/or loss draft claims areas.
• Proficient in Microsoft Office.
• Excellent written and verbal communication skills.
• Good organizational and follow-up skills.

Nice To Haves

• Bachelor's degree (B. A.) from four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.

Responsibilities

• 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 descriptions, 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; document 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.
• Maintain regular and punctual attendance.
• Performs other related duties as assigned.

What This Job Offers

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