Mortgage Collateral Expert

2 weeks ago


Anaheim, United States Carrington Mortgage Services Full time
About the Role

The position of Mortgage Collateral Expert is a key contributor to our team's success, focusing on reviewing collateral exception reports from custodians and clearing document and data exceptions in support of loan file transactions. This includes obtaining missing, incorrect or unrecorded mortgage, note, Bailee letter, modification, corporate assignments and intervening assignments.

Collaborating with business units and custodian vendors regarding file tracking, reporting, training and compliance is also a crucial aspect of this role. The successful candidate will perform all duties in accordance with the company's policies and procedures, as well as all US state and federal laws and regulations where the company operates.

Key Responsibilities
  • Analyze multiple clients' performance and business strategy to ensure optimal results.
  • Prepare monthly and ongoing reporting for senior management on projects and business processes.
  • Serve as the point of contact and escalation for document transaction resolution.
  • Evaluate and optimize processes to meet projected monthly volume targets.
  • Develop and prepare collateral-related documentation, reports, and tracking systems.
  • Provide training and guidance to team members on business processes and best practices.
  • Resolve and correct missing, incorrect, unexpected, unrecorded, illegible, damaged, or otherwise unusable documents required in a mortgage collateral file.
  • Demonstrate knowledge of MERS registered loans and their impact on assignment chains.
  • Track and monitor file location and movement using database systems.
  • Perform routine administrative operations, including indexing, imaging, and scanning.
Requirements
  • Bachelor's Degree or equivalent job experience.
  • Three to five years of experience in mortgage collateral document handling.
  • Experience with 'Smart Sheet' software is preferred.
  • A background in capital markets, secondary marketing, or investor reporting is also desirable.
What We Offer
  • A comprehensive healthcare plan for you and your family, plus a discretionary 401(k) match of 50% of the first 4% of pay contributed.
  • Access to various discounts through our employee portal, including fitness, restaurant, retail, and more.
  • Customized training programs to help you advance your career.
  • Employee referral bonuses so you can get paid to help Carrington and Vylla grow.
  • Educational Reimbursement.
  • Carrington Charitable Foundation supports the community through causes that reflect the interests of Carrington Associates.


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