PENNYMAC
Partial Release Specialist II
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PENNYMAC
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. We work toward a unified goal of helping millions of Americans achieve homeownership through the complete mortgage journey.
Typical Day The Lien Resolution Specialist II is responsible for processing lien releases, subordinations, deed corrections, and partial releases timely and accurately to mitigate risk; and in accordance with investor’s guidelines, state, federal, and local regulations.
Responsibilities
Process collateral files and all recorded instruments as they are received from the custodian or outsourcing provider accurately and timely.
Track, monitor, and manage the vendor’s pipeline of requests, including out‑of‑compliance items, aged items, high‑priority states, and escalated requests; coordinate review of the monthly scorecard with the vendor.
Review and analyze Partial Release, Deed Correction, and Subordination loan documents forwarded by the borrower or an authorized third party to ensure they are drafted per Investor’s guidelines.
Conduct gain/loss analysis of property values to ensure Investor’s guidelines are met and risk is minimized.
Draft and confirm accuracy of loan documents such as Assignments, Partial Release Agreements, Deed modification documents, and Subordination Agreements.
Perform other related duties as required and assigned.
Demonstrate behaviors aligned with the organization’s desired culture and values.
What You’ll Bring
Bachelor’s degree or equivalent work experience.
3+ years mortgage experience; Lien and Partial Release knowledge required.
Highly proficient in Excel and Word, with working knowledge of the Microsoft Office suite.
Financial Services and, if possible, mortgage industry experience preferred.
Why You Should Join As one of the top mortgage lenders, Pennymac has helped over 4 million lifetime homeowners. Our vision is to be the most trusted partner for home. Our 4,000+ team members are guided by core values of Accountability, Reliability, and Ethics. We promote a sustainable, inclusive environment where employees and customers feel respected.
Benefits
Comprehensive Medical, Dental, and Vision coverage.
Paid Time Off: vacation, holidays, illness, and parental leave.
Wellness Programs, Employee Recognition, onsite gyms, and café‑style dining (select locations).
Retirement benefits, life insurance, 401(k) match, tuition reimbursement.
Philanthropy Programs including matching gifts, volunteer grants, charitable grants, and corporate sponsorships.
Visit our benefits page: https://pennymacnews.page.link/benefits
Additional information for residents: https://www.pennymac.com/additional-benefits-information
Compensation Individual salary may vary based on role, location, and experience.
Lower in range – Building skills and experience in the role.
Mid‑range – Experience and skills align with proficiency in the role.
Higher in range – Experience and skills add value above typical requirements.
Some roles may be eligible for performance‑based compensation and/or stock‑based incentives.
Salary $40,000 – $60,000
Work Model Office
Additional Information Referrals increase your chances of interviewing at PENNYMAC by 2x.
#J-18808-Ljbffr
at
PENNYMAC
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. We work toward a unified goal of helping millions of Americans achieve homeownership through the complete mortgage journey.
Typical Day The Lien Resolution Specialist II is responsible for processing lien releases, subordinations, deed corrections, and partial releases timely and accurately to mitigate risk; and in accordance with investor’s guidelines, state, federal, and local regulations.
Responsibilities
Process collateral files and all recorded instruments as they are received from the custodian or outsourcing provider accurately and timely.
Track, monitor, and manage the vendor’s pipeline of requests, including out‑of‑compliance items, aged items, high‑priority states, and escalated requests; coordinate review of the monthly scorecard with the vendor.
Review and analyze Partial Release, Deed Correction, and Subordination loan documents forwarded by the borrower or an authorized third party to ensure they are drafted per Investor’s guidelines.
Conduct gain/loss analysis of property values to ensure Investor’s guidelines are met and risk is minimized.
Draft and confirm accuracy of loan documents such as Assignments, Partial Release Agreements, Deed modification documents, and Subordination Agreements.
Perform other related duties as required and assigned.
Demonstrate behaviors aligned with the organization’s desired culture and values.
What You’ll Bring
Bachelor’s degree or equivalent work experience.
3+ years mortgage experience; Lien and Partial Release knowledge required.
Highly proficient in Excel and Word, with working knowledge of the Microsoft Office suite.
Financial Services and, if possible, mortgage industry experience preferred.
Why You Should Join As one of the top mortgage lenders, Pennymac has helped over 4 million lifetime homeowners. Our vision is to be the most trusted partner for home. Our 4,000+ team members are guided by core values of Accountability, Reliability, and Ethics. We promote a sustainable, inclusive environment where employees and customers feel respected.
Benefits
Comprehensive Medical, Dental, and Vision coverage.
Paid Time Off: vacation, holidays, illness, and parental leave.
Wellness Programs, Employee Recognition, onsite gyms, and café‑style dining (select locations).
Retirement benefits, life insurance, 401(k) match, tuition reimbursement.
Philanthropy Programs including matching gifts, volunteer grants, charitable grants, and corporate sponsorships.
Visit our benefits page: https://pennymacnews.page.link/benefits
Additional information for residents: https://www.pennymac.com/additional-benefits-information
Compensation Individual salary may vary based on role, location, and experience.
Lower in range – Building skills and experience in the role.
Mid‑range – Experience and skills align with proficiency in the role.
Higher in range – Experience and skills add value above typical requirements.
Some roles may be eligible for performance‑based compensation and/or stock‑based incentives.
Salary $40,000 – $60,000
Work Model Office
Additional Information Referrals increase your chances of interviewing at PENNYMAC by 2x.
#J-18808-Ljbffr