What are the responsibilities and job description for the Loan Servicing Tax and Escrow Specialist position at BankTalent HQ?
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 :
