What are the responsibilities and job description for the TITLE RECONCILIATION SPECIALIST position at Lakeview Loan Servicing?
Overview :
The Title Reconciliation Specialist is responsible for ensuring all pre-paid taxes and insurances disbursed at closing are issued and processed. This specialist will review and verify all Title Insurance Premiums and Title Recording Charges match on the final Closing Disclosure, Final American Land Title Association Statement and Disbursement Ledger. The ideal candidate should be detail oriented and possess strong analytical skills to ensure proficiency in the reconciliation process.
RESPONSIBILITIES
- Manage and respond to inquiries in the Escrow Title Reconciliation Inbox
- Manage and process inquiries in the Post Consummation Closing Disclosure Request Inbox
- Verify actual charges on the Recorded Mortgage / Deed of Trust
- Verify actual charges on the Final Title policies
- Obtain and upload updated Final American Land Title Association Statement Statements, Disbursement Ledgers and refunds issued to the borrower by the title company
- Issue Post Consummation Closing Disclosures when applicable
- Provide feedback to management on the vendor process pertaining to identifying of the actual charges for recording fees and title policy
- Other duties as needed or required by management
Qualifications
Certifications, Licenses, and / or Registration
N / A