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Mortgage Servicing Rights Transaction Manager

2 months ago

Red Bank, New Jersey, United States Marlin Mortgage Capital Full time
About Marlin Mortgage Capital

Marlin Mortgage Capital, LLC is a leading clearing platform that facilitates the buying and selling of residential Mortgage Servicing Rights (MSR). Our platform provides investors with virtual access to the skills and tools required to own the MSR asset, while minimizing operational liabilities.

Job Description

The MSR Transaction Manager will oversee the entire process of mortgage servicing rights transactions, ensuring compliance with agency guidelines and assisting with secondary marketing functions. This role requires a detail-oriented professional with strong leadership skills and deep knowledge of loan servicing practices and MSR transactions.

Key Responsibilities
  • Supervise the complete transaction process for mortgage servicing rights (MSRs).
  • Manage external vendors for Third Party File Reviews, Due Diligence Process, Settlements, and other aspects of the pre-settlement and post-settlement process.
  • Assist with the completion of counterparty/vendor documents & contracts, including but not limited to letters of intent, purchase and sales agreements, NDAs, and service agreements.
  • Ensure that all transaction-related deliverables and tasks are completed on time.
  • Manage the document collateral storage and release process.
  • Perform other duties as assigned.
  • Assist with the company's secondary marketing needs, including managing the lock desk, hedge position, and generating secondary marketing reports.
  • Utilize third-party tools to generate pricing for correspondent loan purchases.
Requirements
  • 3-5 years of experience with mortgage servicing and originations.
  • Bachelor's degree.
  • Proficiency in Microsoft Office.
  • Excellent communication skills, both verbal and written.
  • Knowledge of MSR transactions and agency guidelines.