Collateral Document Specialist
Job Details
Job Location
Columbia MD - Columbia, MD
Business is Booming! Planet Home Lending, LLC, is a privately held, full-service, national mortgage lender and servicer company. Planet is FNMA and FHLMC approved and sells through the Retail and Correspondent Channels, offering FHA, VA, Conventional, USDA and many other products. Planet Home Lending continues to reach month over month sales and servicing increases! Come join us!
Job Summary
The Collateral Documents Specialist works with internal stakeholders to resolve collateral issues with document custodian. Reviews, images, and ships trailing documents to our document custodians. Works directly with our correspondent sellers to ensure timely delivery of all trailing documents. Responds to all document custodian inquiries related to outstanding trailing documents.
Essential Duties and Responsibilities
- Works with internal teams to resolve collateral issues with document custodian. Reviews, images and ships trailing documents to the Companys document custodians.
- Contacts correspondent sellers regarding outstanding trailing documents (i.e. recorded mortgage and title policies).
- Works directly with document custodians on outstanding document issues and loan inquires.
- Monitors pool statuses and works directly with the Companys document custodians to ensure timely certification of pools.
- Releases collateral files to document custodians.
- Other duties as assigned.
Position Requirements
Education
- High School diploma or GED equivalent required.
Experience
- Minimum of two (2) years experience in mortgage post-closing and/or final document experience required.
Functional/Technical Skills
- Effective written and verbal communication skills
- Strong attention to detail
- Well organized with the ability to multi-task
- Demonstrates strong time management skills with the ability to meet deadlines
- Works well with others
- Proficient in all compliance-related regulations including RESPA
- Strong PC skills and experience with mortgage origination systems
- Must have working knowledge of Excel and Word.
- Previous experience with GNMA, FNMA and Freddit Mac certification processes a plus.
Benefits:
Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 10 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.