Role Description
The Corporate Processing Disclosure Specialist aids in the generation and distribution of mortgage loan application disclosures and reviews and ensures accuracy and data integrity of required disclosure documents. This role interacts and coordinates with mortgage loan originators (MLO), processors, and other production support staff. The Corporate Processing Disclosure Specialist monitors and tests various aspects of loan files to ensure compliance with TRID, ECOA, etc.
Job Responsibilities
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Assist in answering various disclosure questions related to loan level activities.
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Maintain knowledge of TRID, ECOA, and other regulations.
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Review, verify, and ensure that mortgage loan disclosures are accurate and comply with established regulation timelines.
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Prepare supporting documentation to be delivered with early disclosure packages.
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Ensure disclosure packages are completed and securely delivered in the timeframe specified by applicable federal regulations.
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Respond to inquiries from MLOs and other support staff and applicants effectively and concisely; understand customer needs and meet service level agreements.
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Develop and maintain knowledge of federal regulations and disclosure guidelines affecting residential mortgage origination; adhere to regulatory standards and guidelines, complete required training courses.
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Observe all policies, procedures, laws, regulations, and risk limits specific to role; report known or suspected violations to the appropriate authority in a timely fashion.
Qualifications
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High School Diploma or equivalent.
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Minimum 1 year of experience performing mortgage production or lending related activities.
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Experience and understanding of state specific disclosures.
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Experience with Encompass LOS.
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Understanding of TRID.
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Knowledge of mortgage disclosure formats, regulatory content, and timing requirements.
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Knowledge of banking regulations and corporate policies and directives.
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Proficiency in using Microsoft Office software products.
Requirements
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Hourly Rate: 23.00 - 24.00
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The posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.
Benefits
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Competitive compensation plan.
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Robust benefits package, including medical, dental, and vision.
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401K.
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Company-provided short-term disability.
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Employee assistance program.
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Wellness program.