Location: Coral Gables, FL 33146
Duration: 3 Months With Possible Extension.
Job Title: MSR Specialist
Shift : 8:00 AM to 5:00 PM
Job Description:
The MSR Specialist is responsible for the reconciliation of monthly reporting provided by the agencies, subservicers and vendors related to the subservicing of MSR’s purchased b. This position will be responsible for reviewing contract terms related to the reimbursement of servicing fees and repurchase of MSR’s. Review loan level and loss mitigation detail to determine cause of curtailments or fees charged to including compensatory fees assessed by the agencies. Track and report servicing related issues discovered during research of loan level data. Recommend process enhancements to mitigate further charges to Loan Servicing.
Essential Duties and Responsibilities: • Work under direction of the VP of Portfolio Management
• Reconcile monthly reporting from agencies, subservices and vendors to ensure accurate invoicing on charges related to MSR’s
• Expense Reconciliation
• Bill back MSR Sellers and Servicers for any losses occurred as a result of their negligence
• Review and supplement compensatory fee appeals