Pros: professional atmosphere, good culture, opportunity for growth
Cons: im contracting - i need a permanent postion.
Arrive at the office a little before 8:00, log into all my systems to determine if our reports have arrived. Once our reports are forwarded to me, I prepare a spreadsheet and divide out the work evenly for my team to began their audit for final booking and closing the loan. We review each loan to ensure all forbearance payments were made as agreed, the post and pre mod figures are correct, i.e., loan balance, interest rate, term, taxes and insurance, escrow balance, monthly payment, payment due date. Responsible for our internal systems match that of FNMA's systems. If we determine errors were made we work with the appropriate department head to ensure the corrections are properly adjusted, prior to booking and closing the loans. These loans are being pooled and sold on the open market. It is imperative our audits and calculations are accurate. It takes a high level of concentration and focus to attain zero errors. My team is great, we work together and get the job done.
For me, the hardest part is the few times we are slow. I like to stay very busy.
I have had an accounting refresher working these modifications closings. I have't worked in accounting since college.
I most enjoy working the special projects Senior Management assigns to me. I receive a variety of items from several different departments, this enables me to interact with different people and allows me to capture exposure to mid to high level management.