NFM Lending Senior Servicing Specialist in United States
Senior Servicing Specialist
Linthicum, MD | Corporate - Linthicum, MD
The Senior Servicing Specialist will act a liaison between NFM Lending and sub-servicers, ensuring accuracy and timeliness of all data exchanges and loan deliveries. This position will also act as a team lead by ensuring an efficient workflow of the loan servicing team, and that policies and procedures are adhered to.
Essential Job Functions:
Specific tasks will include, but are not limited to, the following:
Manage, Board, and Analyze all loans retained for servicing, including wiring of escrow funds.
Complete Servicing Data information in Encompass.
Servicing loans sold and those managed by third party servicers for mortgage originator that sells loans both directly to agencies and aggregator/ investors.
Act as a liaison between NFM Lending and designated loan sub-servicing providers.
Manage and complete transfer of MINs within the Mortgage Electronic Registration System (MERS) daily for loans sold on that given day.
Draft and provide insurance mortgagee change letters to the insurance companies of record on each loan sold on that given day.
Update Flood Certificate ensuring transfer to new buyers or Servicers
Deliver high quality service to borrowers, coworkers, and outside vendors/sub-servicers
This position will work as a team lead to assist in the oversight of Servicing Department staff by troubleshooting issues and answering questions.
Manage Service Release transfers for scratch and dent loans to third parties.
Utilize loan boarding experience with sub servicers and agency loan buyers both in Servicing Retained and Servicing Released Platforms and Encompass
Work independently to complete tasks.
The Sr. Servicing Specialist is expected to maintain satisfactory attendance and report to work on time every day.
This position may require occasional overtime and travel.
Additional Tasks as Assigned