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Post Closer - Investor Suspense

Company: Family First Funding LLC
Location: Toms River
Posted on: November 19, 2021

Job Description:

The Post Closer - Investor Suspense is Responsible for the selling of loans to investors. Reviews/Clears conditions given by investors in order to get loans purchased.Responsibilities not limited to:Work on conditions given by investors and reach out to the necessary parties to retrieve required documentationMeet with manager urgently on any problems/issues that occurCommunicate with investor and warehouse on any collateral conditionsPrioritize loan files, enter and update conditions in Encompass Upload documents retrieved to clear conditions into EncompassRun DU/LP and UCD when necessaryContact HOI/Escrow/Flood/Settlement Agent/Title/LO/Processor/Underwriter/Closer/MI company/anyone applicable to help clear conditionsRequest any checks needed from loan checks/accounting department and enter onto shared excel for accountingForm PCCD's and letters along with copy of PCCD (and a check when tolerance cure) and send to borrower(s)Notify servicing department of any monthly payment/escrow changesContact investors on status/Estimated Time Arrival of purchase dateRetrieve purchase advice once available and send out to Family First Funding LLCAllocate/upload/email purchase advice to correct warehouseMark file in Encompass suspended/cleared for purchase/purchased in correspondent loan statusClear post-purchase conditions as assigned by manager.

Encompass ExperienceKnowledge of Microsoft Office and OutlookMust have excellent communication skills and be able to work as a team playerMust be flexible and able to work in a fast-paced environmentNeeds to be extremely detail orientedAbility to prioritize and work independently2-3 Years of Post Closing ExperiencePI151626330

Keywords: Family First Funding LLC, Brick , Post Closer - Investor Suspense, Other , Toms River, New Jersey

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