Job Details

Legal Staff Paralegal in Rochester, NY

This job is expired...

Company name

ESL Federal Credit Union

Organization Type

In-House

Job Type

Legal Staff

Practice Area

Real Estate

Years of Experience

Min 2 yrs required

Location

Rochester, NY

Date Last Verified

Apr 09,2018

Posted on

Mar 12,2018

34 hits

Profile

Mortgage Closing Specialist I The candidate will be accountable for ensuring accurate preparation and completion of Real Estate Closings for an individual pipeline in accordance with loan parameters, investor guidelines, secondary market guidelines, regulatory requirements, and internal process. Manage individual pipeline to ensure loan files close in a timely manner. Ensure timeliness of loan progress and completion of actions within required expirations. Respond to all inquiries, including customers, attorneys, and other internal departments in a timely manner. Coordinate communication between customers, attorneys, and other lending operations or secondary personnel as needed to facilitate timely collection of outstanding documentation and scheduling of real estate closing. Comply with required system documentation to ensure accurate reporting and transmission of critical loan set-up information to the servicing system. Perform timely and accurate loan disbursements to ensure coordination of secondary market sale requirements. Perform all required post-closing activities such as holdout escrows, final title policies, and miscellaneous file requirements. Maintain accurate reference materials. Ensure closings and documentation complies with ESL, NCUA, secondary market, Federal, State and local regulations and meet commitment letter requirements. Conduct regulatory compliance audits. Preparation of documentation in accordance to loan parameters and regulatory guidelines. Collection and approval of all necessary documentation for satisfaction of pre-closing loan conditions and title curatives. Timely resolution to process exceptions. Present and explain both standard secondary forms and organization’s mortgage documents to the customers and the attorneys. Collection of all compliance documentation including IRS filing documentation. Witnessing of appropriate signatures. Collection and approval of all necessary documentation for satisfaction of at closing conditions and curatives both underwriting and title. Maintain final interaction with customer in accordance to customer experience standards. Share in rotational basis of departmental clerical needs. Provide preparation and closing support to overall pipeline.

Qualification and Experience

The candidate should preferably have Associates Degree or equivalent mortgage/closing/paralegal experience. High school diploma or High school equivalency diploma is required. Should have 2+ years of Mortgage Lending experience or real estate paralegal experience. Licensed notary public is needed. Strong negotiation skills is must. Knowledge of title searches to determine ownership and lien status of properties. Prior experience in title commitment and survey reviews is essential. Proficient in PC usage; speed and accuracy is required. Working knowledge of mortgage products and underwriting is needed.

Additional info

Requisition Number: 18-0041

Company info

Hiring Coordinator
ESL Federal Credit Union
100 Kings Highway South
Suite 1200
Rochester, NY 14617