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Fairway Home MortgagePosted 1 month ago

VP Escrow Administration

HybridTexas, United States or Carrollton, Texas, United States

Full TimeSenior LevelLarge

Job Summary

Lead senior operational and technical leadership for mortgage servicing, compliance, and operational risk management functions. Serve as the subject matter expert on escrow functions including property taxes, hazard/flood insurance, mortgage insurance, escrow analysis, servicing transfers, acquisitions, loan boarding, and loss draft administration. Monitor and manage subservicer escrow performance to ensure full compliance with regulatory requirements, investor guidelines, servicing agreements, and internal policies. Provide guidance on loan closing, loan documentation, title insurance, legal descriptions, and collateral documentation while collaborating with Closing, Post-Closing, Secondary Marketing, Compliance, Legal, and Servicing Operations. Handle sensitive customer, branch, executive, investor, and regulatory escalations, draft professional responses to regulatory inquiries, and analyze escalation data to identify trends and recommend long-term risk-mitigation strategies. Support strategic planning, audits, portfolio acquisitions, and regulatory exams while leading cross-functional initiatives and mentoring team members. Partner with leaders across Servicing, Closing, Compliance, Accounting, Legal, Secondary Marketing, and Customer Experience to support company goals.

Required Qualifications

  • 12+ years of progressive mortgage servicing and escrow administration experience
  • Deep knowledge of CFPB, RESPA, agency, investor, and state servicing regulations
  • Hands-on experience with property tax administration, hazard/flood/mortgage insurance, escrow analysis, servicing transfers, and loan boarding
  • Strong background in mortgage loan closing, documentation, title insurance, legal descriptions, and collateral management
  • Experience managing servicing transfers, portfolio acquisitions, system implementations, and vendor oversight
  • Proficiency with ICE MSP or a comparable mortgage servicing platform
  • Strong history of managing internal and external partner relationships in a fast-paced environment
  • Proven ability to analyze financial/operational data, solve complex problems, and make sound business decisions under tight deadlines
  • Bachelor's degree in Business, Finance, Accounting, Mortgage Banking, or a related field (or equivalent industry experience)
  • Hybrid (Remote flexibility with required onsite meetings)

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