The purpose of this position is: To coordinate with all appropriate parties to verify errors are properly resolved before funding, shipping, and delivering loans to investors Ensure loans to be delivered are compliant with regulatory and Credit Union policies and delivered according to all investor requirements Serve as the liaison between mortgage lending staff, other credit union departments, investors and third party vendors Provide support to the Post Closing Supervisor, providing leadership, guidance, testing, and special projects Remain proficient and knowledgeable with Mortgage Lending products, procedures, and regulations
Essential FunctionsCollaborate with Treasury Department to confirm loans being delivered to investors. Prepare loan file and system and any additional requirements to transmit and ship loans to investors. Resolve any errors with the investor and third-party vendors. Complete transfers of loans to pending sale portfolio for Treasury hedging requirements. Updating and maintaining investor files both physically and in the LOS system. Transferring data files to investors as required by each investor. Work throughout the month clearing exceptions with the investor.Assist Post Closers as needed with daily tasks.Research and maintain knowledge of progressing loan program guidelines and loan sale requirements. Understand and meet all regulatory guidelines to guarantee loan compliance.Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.
