Escrow Tax

1 week ago

Bengaluru, Karnataka, India Moder Solutions Full time ₹ 5,00,000 - ₹ 10,00,000 per year

Job Roles and Responsibilities:

  • Loan level review to void / disburse the cheque for HOA, Tax, Utility and Escrow surplus to borrower / county.
  • Loan level review to ensure accuracy of Tax lines are maintained.
  • Review the loans to ensure regulatory compliance is adhered.
  • Review the taxes on the service transferred loans and recommend to collect the taxes from prior servicer / borrower if necessary
  • Procurement of delinquent tax amounts from agency websites
  • Make corrections as needed to escrow account.
  • Work with the Loan Boarding/Flow department to insure all escrow tracking lines are setup correctly and in a timely manner.
  • Insure customers escrow analysis statement is correct and delivered in a timely manner, allowing the customer appropriate notice of upcoming escrow payment change.
  • Cross train with other mortgage escrow departments (tax, insurance, mortgage insurance).
  • Work with the Loan Boarding/Flow department to insure all escrow tracking lines are setup correctly and in a timely manner

Preferred candidate profile

The associate handles mortgage servicing escrow analysis on all escrowed mortgage loans. Job duties include preparation of escrow analysis statements for customers and providing assistance to other internal departments with escrow analysis questions from customers . The Escrow Analyst Specialist researches customers escrow accounts and payment history as needed  to insure the correct information is on the statement

  • Manage the timely completion and review of escrow data to ensure compliance with all RESPA and state guidelines.
  • As An Escrow Analyst, responsible for the day-to-day activities of escrowing and receiving funds from the borrower.
  • Documenting all transactions, reconciling accounts, and keeping records of all funds. This includes making sure that all necessary systems are updated timely manner

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