Mortgage Document Coordinator - Wayne, NJ
 Valley National Bank | |
 United States, New Jersey, Wayne | |
 Sep 22, 2025 | |
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Responsibilities include but are not limited to:
* Review new loans passed from the Mortgage Department's loan origination system to MISER for accuracy of information within prescribed timeframes after loan boarding. * Make changes to MISER as needed and as supported by the original loan documentation. Interacts with investors ensuring documentation is correct and complete. * Ensure proper follow-up and filing of original loan documents, Note, recorded Mortgage, Title Policy and Assignments, within the prescribed timeframes to complete the Collateral files. * Assist with the follow-up on corrective documentation sent to borrowers and/or settlement agents. * Receive, prepare and submit Post Funding Audit requests to Fannie and/or Freddie Mac and PMI companies within the prescribed timeframes. * Interview borrowers who are applying for a modification, assumption, re-amortization, or partial release of an existing first residential mortgage loan. * Review the submission package to ensure completeness, viability and compliance with established guidelines. Communicate with borrowers whose packages are incomplete and secure the missing documentation. * Prepare and submit packages to the Mortgage Servicing Manager for review and approval, denial or counter-offer. Preparation of documentation supporting management's decision. * Ensure finalized documentation is retained in loan files or delivered timely to Custodians for GSE's. * Assist with the preparation and submission of external home equity subordination requests. * Assist in the preparation of daily, weekly and monthly reports. | |