Collateral Document Specialist

Maintain the day-to-day operational support of EPMs collateral documentation. Duties include document review for accuracy, analysis, monitoring and coordination of collateral documentation. 

• The position will be required to complete daily tasks which will be evaluated for efficiency and accuracy.
• Knowledge of mortgage documentation
• Create FedEx labels for each bank and investor.
• Request notes in Warehouse bank portal
• Updating status of collateral for each warehouse bank
• Check warehouse reports – notes received/wet/dry - understand exceptions and make sure that they are cleared.
• Match warehouse reports with manifests previously sent and address any discrepancies.
• Manage the USBANK custodian report along with our tri-party warehouse lines.
• Follow up on packages for closing within 48 hours; send emails to title companies when packages are not received.
• Making sure Encompass has the full package uploaded in e-folder then shredding the packages.
• Check closing packages for original Deed/Mortgage and final policies.
• Batch investor tracking number for all loans
• When packages are received, log in the note, review for accuracy, verify investor and confirm.
• Ship notes from the previous day that did not have a warehouse bank then.
• Request notes warehouse bank for document corrections
• Monitoring the emails from Ginnie department and Capital Markets to make sure that investors are accurate as per sale.
• Shipping notes to the correct warehouses; preparing the manifest; emailing custodian copies of notes and manifest and requesting confirmation.
• Monitoring the notes sent to custodian as TBD to make sure that they are ready for release.
• Requesting the release of notes with specified investors and agencies.
• Monitoring the shipment of notes to non-regular aggregators (s&d).
• Email daily Mortgage Loan Summary to Custodian at the end of day.
• Sign and notarize affidavits.
• Reporting on daily production.
• Adhere to all company policies and procedures.
• Perform other duties as required.

To Perform this job successfully, an individual must have the following education/ experience/abilities:

• High School Diploma or GED
• A minimum of 1 year administrative support experience and familiarity with mortgage industry and related documents.
• Detail oriented
• Ability to work independently and as part of a team.
• Ability to work in a fast-paced environment.
• Excellent communication skills both verbal and written.
• Basic understanding of Encompass LOS preferred.
• Competency in Microsoft Office applications including Excel.

EPM has grown to become one of the leading mortgage lenders in the U.S. EPM's mission is Empowering People More!

Headquartered in Atlanta, GA, EPM is licensed in 50 states and provides an array of lending resources such as Conventional, FHA, VA, 203K, Reverse, and USDA loans, as well as a trusted Fannie Mae, Freddie Mac & Fannie Mae Seller/Servicer.

With a dedicated staff of highly experienced professionals, EPM provides exceptional pricing for thousands of clients annually, without compromising follow-through and customer service.

For more information about EPM visit us online at EPM.net