Escrow PMI Specialist II

Job description

Overview We are seeking to fill the role of Escrow PMI Specialist II. The ideal candidate enjoys collaborating with clients, industry partners and internal teams to maximize outcomes for homeowners. Responsibilities: - Ensure loans with mortgage insurance (“MI”) in the mortgage servicing portfolio are serviced according to investor guidelines; ensure proper documentation is entered into the servicing system - Monthly payment and disbursement of mortgage insurance premiums due - Perform daily/weekly/monthly reviews of all loans to ensure correct system data - Perform monthly reconciliation reviews of all payments processed in the portfolio - Review all loans at the time of boarding to ensure MSP information is correct - Create and process exception reports to ensure payments are made promptly - Review of monthly mortgage insurance Termination Reports to ensure that PMI is removed on all qualifying loans in accordance with established guidelines - Process requests from borrowers to have mortgage insurance terminated in accordance with established guidelines - Review loan documents to validate mortgage insurance coverage, termination date, and other key date elements - Process reinsta...