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Newrez LLC · 1 day ago

Document Administration – Title Specialist III (On-site)

Coppell, TX

Full-time

Onsite

Senior Level

5+ years exp

Newrez LLC is committed to exceeding the expectations of residential mortgage borrowers and business partners through superior service and effective communication. The Document Administration – Title Specialist III role involves reviewing and preparing mortgage documentation, ensuring compliance and accuracy while working closely with various stakeholders.

FinanceFinancial Services

Responsibilities

Review/abstract land records, title reports and available mortgage related documents to determine documents needed to perfect security interest, transfer ownership, or complete a borrower requested land transaction (Assumption, Partial Release, Subordination)

Identify, process, and prepare required documents (Lien Release, Assignments of Mortgage, Allonges, Lost Note Affidavits, Lost Mortgage Affidavits, Partial Releases, Modifications, Legal Description Corrections, Assumptions, Subordinations, Corrective Documents, etc.) for loans serviced by Newrez/Shellpoint Mortgage Servicing with various levels of complexity

Review prepared loan documentation to ensure thoroughness, accuracy, and completeness with documentation standards within specific task SLAs

Address inquiries from vendors, investors, Portfolio Managers, etc. professionally and in a timely fashion

Review daily task queue and exception reports to ensure completion of assigned duties within specific SLAs

Update and annotate all actions/follow-ups processed on loans in all appropriate systems

Prepare required reporting – management, investor, vendor, etc

Complete bulk updates to the Mortgage Electronic Records System, Inc. (MERS) database to ensure adequate reporting of changes in mortgage servicing rights and beneficial ownership interests in loans serviced by SMS

Administer and audit MERS system, signing authority, and MERS executed documents to ensure compliance with MERS membership rules

Review and process exception reporting at various stages of the inventory and check-in/check-out process

Complete monthly inventory audits with custodians, file centers and the onsite file room

Performs related duties as assigned by supervisor

Qualification

Mortgage servicing knowledgeDocument preparationLand records abstractingMERS system knowledgeInvestor requirements knowledgeForeclosureBankruptcy knowledgeMS Office proficiencyProfessional communicationResearchAnalytical skillsInterpersonal skillsTime management skills

Required

High school diploma or equivalent, required

5+ years' experience in Document Administration in Mortgage Servicing or similar field

Advanced understanding of mortgage servicing and originations – Post Closing, Loss Mitigation, Bankruptcy, Foreclosure, and REO (Real Estate Owned)

Advanced knowledge of all servicing systems, image repositories, MERS, collateral tracking systems, custodial systems, vendor systems

Advanced knowledge of abstracting land records, reviewing title reports, reading legal descriptions, and surveys/plat maps

Advanced knowledge of documents used to perfect security interest, transfer ownership and modify, subordinate, assume or correct existing mortgage documents

Advanced knowledge of investor requirements for perfected collateral for delivery, sales, and certifications

Advanced knowledge of Foreclosure and Bankruptcy requirements for perfected collateral

Ability to handle confidential material in a professional, ethical manner

Strong interpersonal skills to build and maintain professional relationships with vendors, co-workers, etc

Professional communication skills – written & verbal

Strong time management skills & ability to respond to vendor/inter-departmental requests in a timely fashion

Ability to prioritize workload to meet deadlines and achieve volume goals and performance standards

Advanced knowledge of MS Office: Word, Excel & Outlook Ability to merge, summarize and present data using excel functions such as pivot tables and formulas

Research & analytical skills to comprehend applicable state laws

Preferred

Associates or bachelor's degree preferred

Prior year performance evaluation of 3.5 or better. (Internal candidates only)

Direct Supervisor recommendation. (Internal candidates only)

Benefits

Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave/Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions