Find & Apply For Credit / Loan Counselor Jobs in Cambridge, Massachusetts

Residential Loan Servicer Cambridge MA - Onsite $26-$33/hr — Perm but hourly rate so over time is paid Responsibilities Under the general direction of the Assistant Manager-Loan Servicing, performs a variety of administrative duties pertaining to the servicing of Residential and Consumer loans Responsible for ensuring the accurate set up of all new residential, Freddie Mac, and consumer loans on the core system Reviews loan notes for accuracy and compliance with rate and general lending policy and guidelines Reviews and monitors new loans on Loan Registers ensuring accuracy and making corrections as needed Tracks and performs necessary maintenance on HELOC loans going into repayment Sets up investor trailers on the core system and funds GSE loans Balances funds received from investors for all purchased loans Prepares and submits monthly loan reports to investors and Solar loans Submits requests for interest subsidies and reconciles funds received Manages the MERS system to assure that all new and paid off loans are being assigned/deleted as required Prepares the monthly reconciliation on MERS Manages the PMI process from registration, monthly remittance, monitoring and cancellation Processes general ledger entries on a monthly basis for all Purchased Loan payments received via wire Reviews various general ledger accounts, researches, and clears outstanding entries Responsible for the payment of several vendor invoices as assigned Assists in processing all index changes on the core system on either a daily, weekly or monthly basis Responsible for preparing Loan Servicing reports for the Executive Committee, as well as month end and quarter end reports Qualifications 3-5 years of loan servicing experience 3 years customer service experience If interested, please reach out to jalercio@kbwfinancial.com #LI-JA1 KBW789