Job Details

Commercial Mortgage Loan Servicing Paralegal

Company name

Aegon Asset Management

Organization Type

In-House

Job Type

Legal Staff

Date Last Verified

Jul 20,2018

Posted on

Mar 20,2018

Years of Experience

Min 2 yrs required

Location

Cedar Rapids, IA
Practice Area
Finance >> Finance - Banking
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Profile

Commercial Mortgage Loan Servicing Paralegal The candidate will review, analyze, interpret and take action regarding complex issues related to commercial real estate and mortgage documentation for commercial and agricultural mortgage loans. Will prepare mortgage loan releases/satisfactions and UCC terminations. Prepare and file UCC continuations and amendments to maintain a first lien position in the collateral supporting the mortgage loan. Independently perform end-to end tasks associated with the Federal Home Loan Bank pledging program and comply with requirements of the specific FHLB region bank for affiliated and unaffiliated clients. Perform servicing tasks related to reverse mortgage loans, including responding to borrower requests, working with borrowers when the loan becomes due, and coordinating payoff options with borrowers. Create, revise or update procedures as applicable, ensuring client requirements, key controls, and other regulatory requirements are maintained. Perform research assignments and special projects that are varied and complex in nature that require analytical skills and attention to detail. Must have direct interaction with borrowers, clients, attorneys and title companies. Work under minimal supervisions; may supervise the work of others. Bachelor’s Degree in Business, Finance or equivalent work experience is preferred. Should preferably have 5 years of commercial mortgage loan closing or servicing experience.Should have 5+ years of paralegal experience. Must have 2+ years formal legal training or equivalent. Extensive knowledge of relevant area of responsibility is needed. Depth knowledge of commercial mortgage loan servicing and documents is needed. Research skills and attention to detail to review documents and identify unique terms are needed. Proficient in Microsoft Word, Excel and PowerPoint is needed. Excellent verbal and written communication skills are required

Additional info

Ref: R20012116

Company info

Hiring Coordinator
Aegon Asset Management
P. O. Box 202
2501 CE
The Hague, SOUTHHOLLAND

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