Job Summary:

The Mortgage Accounting Clerk II is responsible for handling the various check logs within the department and processing loan disposition forms.

The Mortgage Accounting Clerk II will perform all or some of the following Job description:

• Process complex and more exception based, payments, lockbox rejects, street mail, and loan dispositions submitted by various departments within the firm

• Perform regular communication between various departments within the organization such as: Default, Customer Service, Tax, Investor Accounting and GL/Recon

• Handle routine and more complex Task inquiries.

• Collaborate with various areas to ensure that customer’s accounts are accurate

• Copy checks out to departments as well as scan checks to the bank & balancing

• Process check/wires to payoff loans and handle exceptions related to payoff processing

• Make contact with Title Companies, MLHL Branches, attorneys, external and internal customers

• Responsible for identifying all incoming wires to MLHL payment clearing account, in addition to researching out of balance conditions on the payment clearing reconciliation

• Assist with some training needs within the department

• Participate in quality control processes within the department

• Responsible for manually calculating payoffs

• Generate and submit on-line letter writer letters

• Responsible for script and exception processing for such processes as suspense processing, payment processing, charge back processes and payoff scripts

• Work with Release area and title companies to reinstate MLHL/FHHL liens when closing agent pays off wrong loan

• Perform ad-hoc duties as assigned by management.
   

• 2-4 years related work experience

• Strong understanding of process stops and rules related to loss mitigations, foreclosures, bankruptcy, etc..
   

• High school diploma.