Job Summary
Receiving all paper closing packages and original collateral for Flagstar. Properly identifying, tracking, barcoding and prepping all documents for imaging is the function of this position. Reps review the note for originality and proper endorsement to ensure the loans have been properly endorsed to Flagstar. This is a critical review as our ability to subsequently endorse these notes is dependent on proper initial endorsement. Tracking of collateral (notes)and closing packages is essential to many Bank processes including Loan Review, HUD Review, FHLBI pledging, Agency pooling and Investor sales. Timely and accurate movement of these documents is critical to forward processes in the Bank. All must be done while meeting department production and quality standards.
• Review and barcoding of collateral documents and closing packages
• Gatekeeping functions
Job Responsibilities:
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