Post Closer

Full Time
Oakbrook Terrace, IL 60181
Posted
Job description

Founded in early 2008, Fay Servicing is committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originator that sees the customer behind every loan, we understand that our customers aren’t loan numbers — they’re homeowners.

Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers. With that insight, we set out to build a different kind of servicing company from the ground up.

Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for a Post Closer to join our Constructive team.

The Post Closer will be responsible for all aspects of the post-closing process including but not limited to warehouse and secondary market file delivery, clearing and curing of post-close audit items, investor suspense items, post-purchase audits, insuring, trailing documents, creating boarding tapes, and boarding loans to the servicing system.

What you will do for Constructive Capital:

  • Scan, upload, and index closing packages received from title companies
  • Deliver a collateral package to the warehouse bank timely
  • Ensures that all closed loans are in compliance with federal, and state laws and meet company policies and investor guidelines
  • Reviews all closed loans for accuracy and completeness and delivers complete documentation to the investor
  • Assist in effectively communicating with investors to satisfy all post-closing and post-purchase audit discrepancies
  • Verifies that all stipulations requested are valid and met to ensure that loans are saleable/purchased
  • Communicate any discrepancies found within a closed loan file and proactively coordinate solutions for resolve
  • Work with Originations, borrower/broker, and title for timely resolution of outstanding items
  • Collaborate and assist the Secondary Market team resolve post-close curative items expediently and accurately
  • Follow up receipt of trailing documents and ensure they are in compliance, and deliver to the investor within the required time frames
  • Prepare loan boarding tapes for service retained loans
  • Upload loan packages to servicing system based on investor specifications
  • Perform any other duties as assigned

What you will bring to Constructive Capital:

  • High school diploma; GED required
  • Must have 2+ years of residential mortgage experience
  • Broad knowledge and understanding of mortgage loan documents
  • Strong organizational and communication skills
  • Demonstrated teamwork and customer service skills
  • Attention to detail and ability to manage workflow effectively
  • Works independently and prioritizes multiple functions while meeting pre-established deadlines

Diversity, Equity, and Inclusion are deeply embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.

jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.

Intrested in this job?

Related Jobs

All Related Listed jobs