Collateral Processor
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Job Location:
Carrollton, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Be part of a team thats committed to making a difference. We believe in our work and our customers.
Position Location
Remote Type
n/a - In Office OnlyOffice Location (if not fully remote):
4201 Marsh Lane Carrollton Texas 75007Job Description
Collateral Specialist (Temporary)
Location: In-Office (Carrollton TX)
We are looking for a highly organized detail-oriented Collateral Specialist to join our team for a temporary this critical role you will be responsible for the physical and digital processing of loan collateralensuring that legal documents are accurate separated and shipped to our warehouse banks daily. If you thrive in a fast-paced environment where same-day is the standard this is the role for you.
Key Responsibilities
High-Priority Processing: Manage the collateral for 1st liens 2nd liens and specialty files (CEMA Co-Op Correspondent and Bond loans) prioritizing by funding dates to meet strict daily deadlines.
Document Auditing: Review Notes Security Instruments and closing packages for absolute accuracy requesting corrections from title companies or attorneys as needed.
Warehouse Shipping: Prepare package and ship physical collateral to Warehouse Line Banks by end-of-business daily to ensure uninterrupted funding.
Data Integrity: Perform precise data entry within Encompass and other systems of record to track the movement and status of every file.
Exception Management: Rapidly resolve collateral exceptions flagged by warehouse banks to keep the pipeline moving.
Post-Closing Support: Review trailing documents and final closing packages for scanning and archival.
Who You Are:
Deadline-Driven
A Master of Detail
A Strong Communicator
Qualifications:
Experience: 3 years of related experience in mortgage title or financial services.
Tech Savvy: Proficiency in Encompass and MS Office products is highly preferred.
Critical Thinking: Proven ability to research information and solve problems in a changing environment.
Physical Requirements: Ability to work in a traditional office setting and lift/move file boxes up to 25 lbs.
Education: High School Diploma or GED required.
Working Environment:
This is an in-office position located at our branch. We offer a positive can-do culture where every team member is held accountable for excellence while still maintaining a collaborative and supportive atmosphere.
Fairway Home Mortgage founded in 1996 is a nationwide leader in the mortgage industry. Customer service is at the heart of everything we do. We deliver personalized loan solutions with some of the fastest turn times in the industry. Our mission is to act as trusted advisors guiding clients through every step of the mortgage process to exceed expectations and ensure satisfaction.
Our culture promotes innovation growth and collaboration offering exciting career paths and professional development. Whether youre starting out or advancing your career Fairway is a place where your skills and ambitions can thrive.
Current Employees: Head to the Fairway Careers Hub in Workday for internal job openings.
We post some job openings internally for our employees and others externally for the general public. If you cannot find the perfect role right now do not hesitate to contact the Careers Team at . We can answer any questions and keep you updated on future opportunities.
View our E-Verify and Right to Work notices HERE.
Important Notice to Job Seekers! Weve been made aware of fraudulent messages falsely claiming to be from Fairway recruiters including links to assessments. These are not legitimate and are not affiliated with Fairway Independent Mortgage Corporation. Were working with our Information Security team to address this issue. Thank you for your vigilance and continued interest in joining Fairway! All official communication will come from verified Fairway email addresses or our official LinkedIn page. If you receive a suspicious message please do not click any links and notify us.
