Settlement Associate
1 day ago
Job Title: Settlement Associate - REO Expert
Job Summary:
We are seeking a highly skilled Settlement Associate to join our team at Altisource. As a key member of our REO settlement team, you will be responsible for coordinating and facilitating the closing process for our clients.
Responsibilities:
- Communicate effectively with external stakeholders, including borrowers, selling agents, lenders, and attorneys.
- Handle inbound and outbound calls with objection handling skills.
- Schedule closings with buyers, lenders, and arrange notaries.
- Prepare and balance HUD and CD documents with lenders.
- Track closing deadlines and ensure timely completion.
- Review title commitments and prepare closing packages.
- Review tax statements and understand how to prorate taxes.
- Review HOA and lien payoffs.
- Manage disbursements and funding knowledge.
- Contribute to maintaining a positive customer experience throughout the closing process.
Qualifications:
- Graduate in any discipline.
- Minimum of 2 years' experience in the REO settlement or Originations process.
- Detailed knowledge of REO and the settlement function with up-to-date information on state-level requirements for closing transactions in the REO space.
- Ability to work on multiple files simultaneously and work closely to achieve SLA.
- Ability to work with cross-functional, multi-cultural teams.
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