Escrow Specialist

1 month ago
Full-time
Junior
Operations
Cascade Financial Services

Cascade Financial Services

Cascade Financial Services provides Manufactured, Mobile, and Modular home financing across the United States. They offer custom loan applications, prequalifications, and loan estimates within 30 minutes. With a focus on attainable home ownership, Casc...

Banks
251-1K
Founded 1999

Description

  • Perform annual, interim, and final escrow analyses on mortgage loan accounts.
  • Review escrow shortages, surpluses, and deficiencies and calculate payment adjustments.
  • Ensure compliance with RESPA, investor guidelines, and company policies.
  • Analyze tax and insurance disbursements to ensure timely and accurate payments.
  • Research and resolve escrow discrepancies, payment issues, and customer inquiries.
  • Collaborate with tax, insurance, customer service, and servicing teams to resolve account issues.
  • Monitor escrow exceptions and follow up with borrowers, taxing authorities, and insurance carriers.
  • Maintain accurate loan records and documentation within the servicing system.
  • Assist with audits, quality control reviews, and regulatory examinations.
  • Identify opportunities to improve processes and increase operational efficiency.

Requirements

  • 2+ years of mortgage servicing experience, with escrow analysis experience preferred.
  • Knowledge of escrow accounting, taxes, hazard insurance, flood insurance, and mortgage servicing practices.
  • Understanding of RESPA and applicable mortgage servicing regulations.
  • Strong analytical, mathematical, and problem-solving skills.
  • Excellent organizational skills and attention to detail.
  • Proficiency with Microsoft Office, particularly Excel.
  • Strong written and verbal communication skills.
  • Experience with mortgage servicing platforms such as Loanserv, MSP, or similar systems.
  • Experience working with FHA, VA, Fannie Mae, Freddie Mac, and other investor guidelines.
  • Previous experience in a high-volume mortgage servicing environment.
  • Experience with property taxes and/or insurance processing.

Benefits

  • Medical, dental, and vision insurance.
  • Life insurance.
  • 401(k) match.
  • PTO and sick time.
  • 10 paid holidays.
  • Remote work opportunities.
  • Positive, family-like work environment with work/life balance.

Interested in this position?

Apply directly on the company website

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