Loan Processor

Location: Plano, Texas
Posted On: 8/9/2017
Job Code: 2430_LC_TX
Job Description
Job Details
Industry: Financial Services
Job Title: Loan Processor
Duration: 2-3 Months (Possible Extension)
Location: Plano, TX-75024

Responsible for reviewing and making general maintenance updates on borrower loans on the Mortgage Servicing Platform (MSP) system. This includes Modifications, Rate Renew and Adjustable Rate Mortgage (ARM) Audits. They are also responsible for performing audits to validate the loan was uploaded accurately in MSP and the system is processing the account according to the terms of their Note, ARM Riders, and Modification Agreements and proper maintenance review of the Adjustable Rate Mortgages.
Responsibilities Include:
• Ensure loans are completed correctly
• Transfer information from the Note, ARM Riders, and Modification agreements to MSP
• Ensure validation is complete and it matches the executed signed document
• Utilize tools to assist in the completion of specific audits.
• Generate and review daily reports.
• Responsibilities for updates may include: updating of the Interest Rate, Margin dates, Cap and Floor Rates and various Excel spreadsheets
• Pulling information from various websites to ensure certain indices are correctly uploaded into MSP
Category:IT  code:new
Job Requirements
MS Excel, Adjustable Rate Mortgage (ARM) Audits, Mortgage Servicing Platform (MSP) system

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Contact Details
Funny Chavda
E-mail Address