Loan Servicing Specialist
Current• Ensures that all aspects pertaining to insurance such as: homeowners flood, life, disability and forceplace insurance for loans in the current servicing portfolio that is secured by real estate. Including butnot limited to: the payment of premiums, verifying sufficient coverage, monitoring and payment ofmortgage insurance premiums on applicable loans all while ensuring coverage is canceled inaccordance with federal requirements.• Escrow account management including setting up and maintaining escrow accounts for borrowersensuring proper allocation of funds for property taxes, homeowners insurance as well as other expenses.• Preparing annual escrow analysis to ensure adequate funding for future payments and compliance withregulations all while adhering to state regulations and maintaining accurate records anddocumentations to support compliance audits.• Processes all credit card payments while providing assistance to customers regarding their credit cardaccounts including payments, payment inquiries and account balances.