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Newrez
TX, Coppell; TX - Coppell - 1525 South Belt Line Road
Source: Newrez careers · View original posting
From Newrez's posting. “We” and “our” refer to the employer.
Who We Are
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
POSITION SUMMARY
The Funding Specialist is responsible for preparing loan files for funding and coordinating with third parties to ensure loans are funded accurately and on time. This role reviews all documentation for completeness, validity, and compliance, facilitates monetary disbursements, and resolves funding-related issues while maintaining a high level of internal and external customer service.
DESCRIPTION
Prepare loan files for funding.
Review all title requirements and recordable documents for accuracy, validity, and insurability.
Release and/or set up wires for disbursement and print checks as required.
Complete final funding processes including overnight checks, booking or posting wires and deposits, wire confirmations, and preparation of FFD paperwork.
Vendor, Partner, and Customer Coordination
Work with vendors, attorneys, and partners to facilitate timely loan funding.
Maintain correspondence with clients and borrowers to obtain corrections and trailing documents as needed.
Communicate delays, exceptions, and issues to customers through review of exception reports.
Monitoring, Reporting & Issue Resolution
Report discrepancies, shortages, funding errors, or issues immediately.
Follow up on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, and file balances.
Assist with file balances and resolution of stale checks.
Post-Funding & Compliance Support
Perform RDC deposits and Positive Pay activities.
Mail payments, scan documents, follow up on tax payments, and handle remittance corrections.
Maintain compliance with wire and check policies.
Assist with post-closing, recording, and policy issuance as necessary.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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