Post-Closing Per Diem Specialist

Company: Loan Depot
Location: Myrtle Point
Posted on: May 4, 2021

Job Description:

Our Operations team is the grease for our wheels. We have a strong ecosystem at loanDepot, and it all revolves around providing the tools to ensure success in every role. Our operations teams which can include Processing, Underwriting, Funding and more, are all invaluable pieces of the mortgage lending puzzle. We warrant a positive culture, promote teamwork & are continuously striving to take care of both our valued borrowers & our extraordinary employees. Come join us! loanDepot - We are America's Lender. Position Summary: Responsible for conducting internal audits of per diem interest within the given guidelines provided by the compliance team for FHA and VA loans and specific states (CA, CT, VT, NC, NJ). Ensures that per diem charged is accurate and refund issues to the borrower as needed. Ensures the performance of all duties in accordance with the company's policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates. Responsibilities:

• Creates reports and oversees pipelines to ensure timely review within 30 days.
• Reports any refunds to servicing by the end of each month for 1098's.
• Assists Post-Closing on per diem interest issues on final settlement statements.
• Requests, logs, and tracks any post-close per diem refunds to borrowers.
• Provides feedback to manager regarding trending or egregious per diem issues.
• Perform other duties and projects as assigned. Requirements:
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Ability to concentrate and audit for accuracy mass amounts of documentation on a daily basis.
  • Tenacity to follow-up on all tasks that are assigned.
  • Ability to successfully interact with borrower, notary, county recorder's office, etc., to obtain corrections.
  • Demonstrates knowledge of title endorsements related to property types, liens, encroachments, loan types, etc.
  • Ability to deliver required documentation to the investor within the required turn times to avoid penalties.
  • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Effective organizational and time management skills.
  • Exceptional verbal, written and interpersonal communication skills.
  • Ability to organize and prioritize work schedules on a short-term and long-term basis.
  • Ability to work with little to no supervision while performing duties.
  • High School Degree/GED required, or minimum of two (2) + years' similar work experience.
  • Experience in the Mortgage industry preferred. The Perks:
    • Competitive compensation reliant on ability & experience.
    • Excellent benefits package including multiple health, dental & vision options.
    • Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities.
    • 401K with robust company match.
    • 15+ PTO days in addition to 8 paid company holidays.
    • The opportunity to work for America's Lender under the vision of industry legend, Anthony Hsieh. We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Keywords: Loan Depot, Medford , Post-Closing Per Diem Specialist, Other , Myrtle Point, Oregon