Job Details
JobDetails: JobTitle: Mortgage Loan Processor 2 Location: Glen Allen VA 23059 Duration: 3 Months ContractBasic Qualifications for Consideration: Need someone with mortgage servicing background, using MSP servicing system of record, understands delinquent mortgage loan servicing, mortgage foreclosure and or bankruptcy. Can read and understand mortgage docs and a title policy, and title reports.. Has intermediate skillset with EXCEL, types well, advanced communication skills, is able to work remote yet come on site possibly as much as 1 day a week, notary is helpful, enjoys research and using various resources to complete research. Knows when to escalate issues to management, is a team player , accepts direction from team mates whether in training or assisting. Has strong listening skills and is able to apply directions to their daily work. This is a clean up project and we will have to train the individual to work TASK report in MSP ( our servicing system) so knowledge and experience with MSP is almost a requirement.Responsible for reviewing new loan application requests to ensure that all required forms and/or documentation have been provided by the borrower.Education/Experience: Bachelor's degree or equivalent education/experience. 5-7 years of loan processing experience in a mortgage banking company or related financial institution required. 5-7 years of experience working with FNMA/FHLMC guidelines and standard industry guidelines required. 5-7 years of experience of state and federal lending regulations (e.g. Respa, Reg Z, Ecoa, State Fair Lending) required.Skills and Competencies: Ability to communicate effectively with all levels of Bank personnel, customers, and outside agencies in both verbalwritten form. Computer literate with experience using, Word and industry standard mortgage software, preferably InterLink E3. Ability to work under deadlines. Good organization and planning skills. Ability to pay close attention to detail.Major Job Duties and Responsibilities: Prepares and sends out all pertinent regulatory compliance disclosures for single family 1-4 properties. Works in a team environment gathering outstanding conditions and upon receipt performs analysis and prepares files for closing documents. Provides support to the Residential Lending Officer, underwriting and documentation and closing departments. Assists supervisor and underwriting area in pipeline planning.