Mortgage Administration Professional
3 days ago
We're seeking a detail-oriented Mortgage Administration Professional to join our team at MIT Federal Credit Union. As a key member of our loan administration department, you'll play a vital role in ensuring the smooth operation of our nationwide real estate and consumer loan portfolio.
Job Summary:
- This is a full-time position that requires excellent organizational skills, strong computer proficiency, and exceptional written and verbal communication skills.
- You'll be responsible for receiving, monitoring, and releasing vehicle/boat/RV titles, maintaining UCC liens, processing monthly HELOC billing and reconciliation, and monitoring paid ahead loans reports.
Key Responsibilities:
Core Duties:- Monitors and processes UCC liens to safeguard and secure loans
- Reviews and uploads closing packages to MSS
- Maintains mortgage pipeline to accurately identify loans for sale to investors
- Reviews and analyzes New Loans Entered Report and Unapplied Balances Report
- Processes loan payoff statements and payoffs
- Generates PIF real estate loans report and drafts Discharges/Lien Releases
- Analyzes real estate tax documents to create TAR reports
- Performs quality control checks on real estate tax disbursements
- Maintains CoreLogic portfolio for accuracy of loan-level data
- Processes flood insurance, homeowners insurance, private mortgage insurance, and other escrow payments
- Supports and assists members with insurance claims
Requirements:
- High school diploma or equivalent
- Minimum two years experience in banking or credit union
- One year experience in loan servicing, lending, credit union operations, or related field strongly preferred
- Knowledge of Fannie Mae, Freddie Mac, and FHLB investor delivery, servicing, and reporting strongly preferred
- Experience with FISERV DNA core system
Salary Range: $55,000 - $70,000 per year
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