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Lakeview Loan Servicing, LLC. · 14 hours ago

eNote Administrator

Los Angeles County, CA

Full-time

Hybrid

Mid Level

$33.17/hr - $37.98/hr

3+ years exp

Lakeview Loan Servicing, LLC. is seeking an eNote Administrator responsible for the monitoring, managing, and oversight of eNotes acquired and/or sold by the organization. The role involves collaborating with various departments and external partners to ensure eCollateral is tracked accurately within the eVault and the MERSeRegistry.

FinanceFinancial ServicesMortgageReal Estate

Responsibilities

New Seller Onboarding Activities: Oversee the established onboarding process to add or validate a Seller’s MERS Organization ID within the eVault, ensuring Auto Accept is enabled for both Transfer and eDelivery

New Seller Collateral Setup: Coordinate Seller setup within the test environment and perform required testing to confirm Auto Accept functionality for Transfer and eDelivery prior to promoting the Seller’s MERS Organization ID to the production environment

MSR Flow and Bulk Collateral Transfer Confirmation: Oversee and reconcile inbound and outbound Master Servicer and/or Subservicer transfers to ensure completion on the servicing transfer date for Conventional and GNMA loans. For GNMA loans, verify that GNMA remains designated as the Secured Party

Overall eNote Collateral Audit: Conduct periodic reconciliations of eNote inventory to validate active loans and accurately reflect repurchases and liquidations, including payoffs and foreclosures

Monthly Subservicer eNote Reconciliation: Perform monthly reconciliations of eNote inventory across Subservicers, the MERS eRegistry, and internal systems to ensure consistency and accuracy

Subservicer eNote CEMA Requests: Maintain and update procedures followed by Subservicers to paper out the Authoritative Copy of an eNote, coordinate delivery of the papered Note to the closing attorney, and ensure accurate status updates in both the eVault and MERS eRegistry

Paper-Out of Authoritative Copy of the eNote: Manage the established process for papering out the Authoritative Copy of the eNote and document the delivery of the paper Note to the designated document custodian

Ad Hoc Collateral Requests from Subservicers: Respond to ad hoc collateral inquiries by validating that the Control and Location for previously defaulted Conventional loans have been appropriately transferred back to FNMA or FHLMC

Ad Hoc Collateral Requests for Loan Modifications: Identify modified loans and ensure the modification indicator is accurately updated in the eVault. Develop and maintain a process to document Subservicer delivery of wet-signed modification agreements to the document custodian and ensure a copy of the modification for each FNMA loan is uploaded into their eVault

Additional Responsibilities: Perform other duties and responsibilities as assigned by the Vice President of Collateral Management or Senior Management

Qualification

ENote experienceMERS eRegistry managementEVault functionalityAnalytical skillsProblem-solving skillsChange managementProcess improvementCommunication skillsInterpersonal skillsCollaboration skills

Required

High school diploma or GED required

Previous experience with MERS eRegistry and eVault management with a strong understanding of the transfer processes and best practices is required

In-depth knowledge of eNote terminology and eVault functionality

Strong analytical and problem-solving skills, with the ability to assess complex risks and make sound decisions in a fast-paced environment

Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external partners at all levels

Demonstrated ability to drive change and implement process improvements

10-15% of travel is required for seminars and conferences throughout the year

Preferred

Bachelor's degree is preferred

3-5 years of eNote experience is preferred

Benefits

Medical coverage starting on day one

Company-matched 401(k)

Discretionary annual bonus

Company

Lakeview Loan Servicing, LLC.

BEWARE of Unsolicited Job Offers that request a personal ID!!! Lakeview Loan Servicing, LLC (“Lakeview”) is a uniquely qualified mortgage finance company dedicated to assisting our customers with efficient and affordable refinancing and purchase options.

Founded in 2010

Coral Gables, Florida, USA

501-1000 employees