The specific duties vary, but often include the following key tasks:
Escrow Account Management:
Performing escrow analysis on mortgage loans, preparing escrow analysis statements for customers, and managing the day-to-day activities of receiving and disbursing funds.
Documentation and Reconciliation:
Documenting all transactions, reconciling accounts, and keeping detailed records of all funds. This may involve voiding/disbursing checks for taxes, HOA fees, and insurance.
Title and Lien Research:
Assisting with escrow coordination by identifying and researching liens, judgments, and other encumbrances through public records and online title search platforms (like Data Trace/Title Point).
Compliance and Reporting:
Ensuring all escrow data management complies with relevant federal and state guidelines, such as the Real Estate Settlement and Procedures Act (RESPA) and the Consumer Financial Protection Bureau (CFPB).
Issue Resolution:
Working with internal departments, clients, and onshore teams to resolve title defects, customer inquiries, disputes, or complaints.
Data Entry and Verification:
Reviewing client applications and loan documents for accuracy, verifying tax and insurance information, and updating all closing fees and lender credits.
Job Type: Full-time
Pay: ?9,873.67 - ?59,000.00 per month
Work Location: In person
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