Mortgage Escrow Specialist

Schedule: This is a remote position; however, the selected candidate must be available to work a schedule aligned with Pacific Time (PT), regardless of their location within the United States. Responsibilities Responsible for handling all Escrow related tasks for Loan Servicing, including but not limited to payment of taxes, insurance, monitoring delinquent taxes, escrow analysis, working with areas on Initial Escrow Analysis, and working with other departments and various managers for any tax related issue. Payment of Property Taxes: Responsible for disbursing, reconciling, and researching all aspects of for the payment of all property taxes for impounded loans in all the various states and counties, before the due date to avoid penalties and loss of property. Must work with the vendor to ensure accurate amounts are received. Payment of Insurance: Responsible for disbursing, reconciling, and researching all aspects of Insurance for Flood, Hazard, Earthquake, windstorm, and any other impounded Insurance. Works directly with the Insurance department for amounts due. Payment of Mortgage Insurance: Responsible for disbursing, reconciling, and researching all aspects of borrower paid, upfront payments, and split premiums with the PMI carriers. Annual Escrow Analysis: Responsible for preparing the annual escrow analysis statements on all impounded loans. Must adhere to published schedules, ensuring all statements are issued timely and accurate in strict adherence to RESPA regulations. Initial Escrow Analysis: Works with our Residential Lending department to calculate the Initial Impound/Escrow deposit amount for all new loans. Prepares the initial escrow statement for all new loans timely and accurately with strict adherence to RESPA regulations. Delinquent Tax Monitoring: Works with the vendor to monitor all loans with delinquent taxes. Prepares internal reports to the various units and credit managers and works close with them and the collectors for timely follow up on all delinquent tax amounts. Works directly with other areas for any delinquent amounts greater than 3 installments. Monitors the mailing of the delinquent tax letters by the vendor. Research: Research tax amounts, tax penalty liability, assessments, parcel changes, etc., based on exceptions and/or requests from business units. Benefits Medical Insurance Dental Insurance Vision Insurance Life & Disability Insurances