The Money Source is now hiring: Records Retention Specialist
Records retention specialist are responsible for the receiving and processing of final docs submitted by correspondents, title companies, attorneys etc. All employees of The Money Source Inc. are expected to provide quality customer service and maintain high ethical standards when serving our clients.
Duties and Responsibilities:
Receive and process all final documents
Final certifications due 12 months from the settlement date of pool
Issue reports to correspondents for missing final docs with follow up until received, sending exceptions and updating spreadsheet with sent date and tracking information
Create packages for pools including GNMA form 11706, MIC, final title policy and recorded mortgage to be sent to custodian with transmittal and tracking information, alert custodian of packages sent and request them to review
When pool is clean, transmit pool to Ginnie Net to be certified, the confirmation is downloaded from Ginnie Portal and spreadsheet updated to reflect certified date
Securitization of loans-update securitized dates once loans are purchased, move loans to applicable folders once securitized Minimum Daily Production Standard:
Process 50 final docs per day
Update securitizations according to settlement date
GNMA pools and exceptions to be delivered in given time frame
Salary:
Depends on experience. We offer benefits (medical, dental and vision), paid time off, and a 401K savings plan!
About Us
The Money Source is a national correspondent lending company, headquartered in Melville, New York. We believe that by investing in the needs of our sellers, brokers, employees, and homeowners we can create an environment that fosters growth, achievement, and most importantly happiness. At The Money Source it is our goal to create a company that is more than just a mortgage lender. We believe that we have an obligation to our team, lending partners, and to homeowners to build a business that focuses on the one thing that humanity strives for in life: Growing Happiness.
We believe that by aligning the interests of our employees, sellers, brokers and homeowners we are building a company that empowers doing the right thing for the right reasons. By promotion of our company culture, and through constant innovation through our EASY Technology,The Money Source is building a model of excellence in the mortgage industry and wishes to be an example of what a company should be.
We encourage you to visit our website @ https://themoneysource.com/core-values/ and our Facebook page @ https://www.facebook.com/TheMoneySourceInc to learn more about the company and the people behind the company.
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