The Community Preservation Corporation
51 - 200 employees
Founded 1974
🏠 Real Estate
💸 Finance
🤝 Non-profit
Real Estate • Finance • Non-profit
The Community Preservation Corporation is a national nonprofit lender and investor that finances, acquires, and preserves affordable, workforce, and sustainable multifamily housing. It provides construction and bridge loans, permanent mortgage products (including as a nonprofit-owned Freddie Mac, Fannie Mae, and FHA lender), and equity investments, while administering programs to advance electrification, climate-friendly building practices, and developer access for underserved communities. CPC leverages decades of housing finance and public policy expertise to expand affordable housing, promote long-term affordability and stability, and support community-scale sustainability and economic inclusion across the U. S.
Escrow Specialist – Commercial/Multifamily Loan Servicing
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The Community Preservation Corporation
51 - 200 employees
Founded 1974
🏠 Real Estate
💸 Finance
🤝 Non-profit
Real Estate • Finance • Non-profit
The Community Preservation Corporation is a national nonprofit lender and investor that finances, acquires, and preserves affordable, workforce, and sustainable multifamily housing. It provides construction and bridge loans, permanent mortgage products (including as a nonprofit-owned Freddie Mac, Fannie Mae, and FHA lender), and equity investments, while administering programs to advance electrification, climate-friendly building practices, and developer access for underserved communities. CPC leverages decades of housing finance and public policy expertise to expand affordable housing, promote long-term affordability and stability, and support community-scale sustainability and economic inclusion across the U. S.
📋 Description
• Perform detailed review, quality control, and approval of escrow disbursements for Real Estate Taxes, Insurance, and Mortgage Insurance to ensure accuracy, timeliness, and compliance with servicing standards prior to release of funds. • Monitor and validate escrow balances to identify shortages, surpluses, and deficiencies, ensuring accurate borrower communications and timely resolution of issues. • Conduct in-depth escrow analyses and reviews, including validation of payment histories, projected disbursements, and proposed adjustments in accordance with investor and servicing requirements. • Support and review the annual escrow analysis cycle, including validation of calculations, review of borrower notices, and resolution of complex inquiries. • Serve as a subject matter expert for complex escrow items, including tax delinquencies, insurance cancellations, and discrepancies, providing guidance and driving resolution of escalated issues. • Act as a key control point within the escrow workflow, ensuring adherence to servicing agreements, internal policies, and regulatory requirements. • Collaborate cross-functionally with Servicing, Finance, Investor Reporting, Asset Management to resolve discrepancies and support data integrity and accurate system posting. • Identify and support process improvements, including workflow enhancements and control strengthening to increase efficiency, accuracy, and consistency. • Contribute to the development and refinement of procedures and training materials, helping ensure consistent execution and supporting onboarding of team members.
🎯 Requirements
• Bachelor’s degree in Business, Finance, Accounting, Real Estate, or related field preferred. • 5+ years of experience in commercial loan servicing or escrow operations, with strong knowledge of escrow analysis, disbursements, and investor requirements (Agency experience preferred). • Advanced understanding of tax cycles, insurance requirements, and escrow methodologies, with the ability to independently review and validate complex scenarios. • Proven ability to perform detailed review, QC, and approvals with strong judgment and attention to detail. • Strong analytical and problem-solving skills with a focus on data accuracy and integrity. • Excellent communication skills with the ability to collaborate across teams and with external partners. • Proficiency in loan servicing systems (e.g., Strategy/McCracken) and Excel. • Ability to manage multiple priorities and meet deadlines in a fast-paced environment. • Willingness to travel as needed
🏖️ Benefits
• Competitive compensation • 401(k) retirement plans with employer match • Medical, dental, and vision benefits for employees and their dependents • Commuter benefits • PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability • Tuition assistance program • Two “work from anywhere” weeks per year • Summer Fridays • Collaborative working spaces • Service days to support our communities • Employee development and engagement events
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