Payment Processor

Purpose:

The Mortgage Payment processor is responsible for the processing and reconciling of all loan payments/payoffs received by Direct Mail, Lockbox, Western Union, ACH and Credit Card.  This also includes the non cash removal of loans from the Mortgage loan servicing system.     

Responsibilities:

• Processing Loan Payments ( Direct mail, Lockbox, Western Union, ACH, Aruba and Credit Card) 
• Processing returned items (NSF Drafts, NSf Checks, NSF Western Union payments, Credit Card Declilnes and  Misapplied payments).
• Processing refund checks for paid in full loans and overdraft fees.
• Processing CC chragebacks, consistis of research and disputing.
• Processing change forms for non-cash removal of loans in the Mortgage Servicing system:  Cancellations, Defaults, Equity trades, Corrections, Bankruptcies, Recalls, Resale/Repurchases, Reinstatements and Settlements.
• Processing and maintaining the CC recurring payments daily file, making sure LSAMS and Payeezy reflect the same amounts.
• Prepare wires to move the funds to the correct investor accounts.
• Prepare and reconcile the daily cash sheet for Accounting.
• Prepare the weekly Deedback report.
• Reconciling payment conditions.
• Collaborate with accounting  to reconcile out of balance conditions in daily work.
• Complete special project assigned by Management.

Requirements:

• High School diploma or equivalent.
• 1-2 years mortgage banking, teller, cashiering, bookkeeping.
• Knowledge of Bluegreen Investors.  Knowledge of 5 items required for check to be negotiable. 
• Servicing System Knowledge and Loan Servicing Knowledge.
• 10-key calculator input and computer system literacy, Excel. Must be detail oriented, strong organizational and data entry skills.