Rushmore Loan Management Services

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Loan Acquisition Coordinator

Loan Acquisition Coordinator

Job ID 
2017-1955
Job Locations 
US-TX-Dallas
Category 
Loan Administration
Type 
Regular Full-Time
FLSA Status 
Non-Exempt

More information about this job

Overview

 

POSITION SUMMARY:

The Loan Acquisition Coordinator will perform multiple functions within the loan servicing platform. Areas of focus include newly acquired loan boarding. Performance of all duties must be in accordance with Rushmore policies and procedures and all state and federal regulations.

Responsibilities

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Work with lenders to transfer and service residential mortgage loans
  • Coordinate delivery, set up and research of servicing transfers and acquisitions of loan portfolios
  • Analyze practices and procedures of servicers to ensure a smooth transfer process
  • Reconcile funding schedule to servicing transfer reports from sellers and/or investors
  • Primary point of contact for Rushmore business units, servicers and vendors
  • Researches and resolve variances in loan documentation prior to and after loan boarding
  • Process post funding adjustments on discrepancies between purchase advice and servicer data
  • Produces moderately complex internal communications to each business unit to inform of current servicing transfers
  • Works directly with target audiences and subject matter experts to determine needs, establish tasks and milestones and acquire relevant information to produce and deliver communication, policies and procedures
  • Ensures regulatory guidelines are met
  • Assist all other areas of Loan Administration – Acquisitions as needed
  • Perform and complete all tasks assigned by supervisor

Qualifications

ESSENTIAL KNOWLEDGE & SKILLS:

  • Excellent verbal and written skills, including ability to write clearly, concisely, and logically
  • Very strong organizational, deductive reasoning and analytical skills to effectively multi-task and prioritize workflow in a high-volume environment ability to work well independently, as well as, part of a team to achieve department/group goals
  • Process improvement planning and implementation skills
  • Ability to work in high volume and time sensitive environment
  • Well versed with regulatory and investor guidelines and keeps current with all Federal, State, industry specific and departmental policies
  • Research skills and technical understanding of loan servicing
  • Ability to work well with all levels of management and staff

 

 

EDUCATION AND/OR EXPERIENCE:

  • Bachelor’s degree preferred
  • High School Diploma required
  • Experience in mortgage acquisitions/loan servicing or in related area preferred
  • Knowledge of commonly used terminology, mortgage documents, concepts, practices, and procedures within the mortgage industry.

 

 

 

MACHINES, OFFICE EQUIPMENT & SOFTWARE:

  • PC computer with Windows operating system, facsimile, photocopier
  • Proficient in Microsoft Office applications (Word, Excel and Access)
  • Proficiency in MSP, subject matter expert preferred
  • Familiarity and working knowledge of databases and corporate loan servicing systems

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