Lien Release Specialist (Temp)
Diamond Resorts International
Job Description What will I be doing? As a Lien Release Specialist you work to assist in the timely discharge of mortgages on paid in full/satisfied loans for portfolio loans. Assist in pulling zeroed loans through a monthly Report that include all the investors. Re-Assign and Release Fee Base Investors in a monthly basis. Release or Satisfy Land deals. Upload Releases and Re-Assignments in Simplifile. Data entry of recorded Releases and re-assignments that came by mail and download from Simplifile. Queue Prom Notes and send to Customers. Assist with any other special projects. · Assist in preparing Discharges or Satisfaction of Mortgages or Deeds of Trust with Bluegreen Vacations Corp., Investor’s owned loans or FBS serviced loans. · Creation of Release documents (Templates) and Notarize documents · Review completed Releases to ensure compliance with Counties/Investors regulations. · Prepare Re-assignments and Releases for FBS investors. · Process REO’s loans monthly, creating Releases and/or Assignments. · Process and prepare re-Assignments for Cease and Desist loans. · Process and prepare re-Assignments for Cohn and Dussi loans. · Create and prepare Weekly reports with all the Releases. · Research County recorders on line if necessary as well as making phone calls to the counties and building relationships. · Create and prepare Bulk Releases for Bexar, Cook, New York and San Bernardino County. · Data entry of Recorded Releases and Re-Assignments Information. · Prepare Re-assignments necessary to complete payoff process. · Respond to customer inquiry to status of paid in full loans · Mail Paid in Full letters to those loans that had been paid, attaching Promissory Note stamped to those States that require it. · Prepare voucher to request checks from Accounting through Coupa System. · Upload and Submit Satisfactions and Assignments to be recorded in Simplifile (electronic recording) for those counties that are using e-recording system · Download all recorded Documents (Releases and Assignments) from Simplifile and send them to be Scan, Cross indexing and data entry.. · Prepare documents to be scanned in Synergy. · Prepare a Release or Satisfaction on Land Deals · Create wire transfers report for electronic recordings charges. · Process Releases and code files that are requested monthly to the different Custodians. · Process Paid in Full files that are audited by Funding. · Shred files when had been zero balance, if applicable. · Data Entry of recorded satisfactions and sending them to be scanned if we received it by mail. · Prepare Releases per RTA request. · Give Support to the rest of Lien Release Team in all questions and/or procedures. · Prepare reports weekly to give an update to the Supervisor and Manager.
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