Loan Servicing Specialist (Real Estate)

Location: Glendale, CA
Date Posted: 05-03-2018
Seeking a Real Estate Loan Servicing Specialist in our Glendale office.

This position is responsible for interfacing with loan origination and accounting departments regarding numerous functions within the Real Estate Loans Department.  Included in the responsibilities of this position are posting payments, payment adjustments, research, payoffs, impound controls, DNA Maintenance,  and  daily balancing,   This position requires knowledge of Fannie Mae loan servicing guidelines.  Assist Loan Servicing Supervisor with special projects as needed.
  1. Assumes responsibility for account maintenance
a)            Process payments, adjustments and corrections, as needed
b)            Post loan fees and reversals.
c)            Process modifications.
d)            Monitors and balances General Ledgers variances
e)            HELOC 10 year draw maintenance
f)             Loss Mitigation duties such as Payment Plan Set Up and Payment posting

2.Assumes responsibility for DNA Maintenance.

  1. Monitor Delinquent property tax payments on non-impound accounts.
  2. Disburse property taxes; Private Mortgage Insurance (PMI) and Homeowners insurance on impound accounts.
  3. Monitor and track flood insurance.
  4. Process initial and annual impound analysis.
  5. Process payoffs, demands and reconveyances.
  6. Process modifications, subordinations, and assumptions.
  7. Process PMI claims and removal requests.
  8. Handle 1098/1099 processing.
  9. Perform all balancing functions.
  10. Perform daily, monthly, and quarterly reports

1.Education: High School Graduate

Required Knowledge:
1.Real Estate Rules & Regulations (RESPA Guideline)

1. Excellent MS Word & Excel & Math skills

Please email resume to
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