Loss Mitigation Post Closing Coordinator, I

Carrington Holding Company, LLC; Orange (CA); On-site; USD 25,000 - 36,000; Full time

Benefits offered by this job

Healthcare plans

401(k) plan matching

Employee discounts

Training programs

Referral bonuses

Educational reimbursement

Community foundation programs

Job summary

Carrington Mortgage Services in Orange, CA is seeking a Loss Mitigation Post Closing Coordinator I to handle receipt, monitoring, and delivery of modification collateral documents to FHA, VA, USDA, the Collateral Department and custodians. Compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements is essential.

The role supports loan modifications, partial claims, Mortgage Recovery Advances, assists with title issues, and provides status reporting to the Manager.

Qualifications

• High school diploma or equivalent work experience.
• 1+ years mortgage experience preferred.
• Intermediate Microsoft Office skills (Word/Excel).
• Ability to follow oral/written instructions and apply information.
• Ability to organize and prioritize tasks and work independently.
• Basic arithmetic and data accuracy required.

Responsibilities

• Receive, review, and assign modification documents to Post Closing Representatives.
• Monitor receipt and delivery of loan modification documents to agencies for recording and collateral requirements.
• Coordinate with third-party vendors to track recording timelines.
• Ensure documents are properly executed and delivered to Collateral Department or custodian.
• Serve as witness to loan modification documents and assist with other duties as needed.

Skills

Mortgage experience

MS Office

Organizational skills

Attention to accuracy

Decision making

Communication

Education

High school diploma

Tools

Microsoft Word

Microsoft Excel

Job description

Job Description

Come join our amazing team and work on-site in Orange, CA! The Loss Mitigation Post Closing Coordinator I will be responsible for receipt, monitoring, and delivery of modification collateral documents to appropriate agencies (FHA, VA, USDA), Collateral Department, and Custodian. Ensure compliance in conjunction with HAMP, FHA, VA, USDA, and Ginnie Mae document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA). Assists with clearing title issues related to Partial Claims. Provide reporting as requested by Manager/Supervisor on loan status. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates. The Target Pay Range for this position is $22.00.

Job Description

Come join our amazing team and work on-site in Orange, CA! The Loss Mitigation Post Closing Coordinator I will be responsible for receipt, monitoring, and delivery of modification collateral documents to appropriate agencies (FHA, VA, USDA), Collateral Department, and Custodian. Ensure compliance in conjunction with HAMP, FHA, VA, USDA, and Ginnie Mae document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA). Assists with clearing title issues related to Partial Claims. Provide reporting as requested by Manager/Supervisor on loan status. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates. The Target Pay Range for this position is $22.00.

What You’ll Do

• Receive, review, and assign modification documents to the Post Closing Representatives.
• Monitor receipt and delivery of applicable Loan Modification documents to appropriate agencies for recording and collateral requirements.
• Work with third party vendors to track recording timelines.
• Ensure collateral documents are properly executed and delivered timely to the Collateral Department and/or custodian.
• Serve as witness to loan modification documents.
• Perform other duties, assignments, and special projects as needed.

What You’ll Need

• High school diploma or equivalent work experience.
• One (1) or more years’ mortgage experience preferred
• Intermediate skills in Microsoft Suite – Word, Excel, etc.
• Ability to understand, remember, and apply oral and/or written instructions or other information.
• Ability to understand, remember, and communicate routine, factual information.
• Ability to make decisions that have moderate impact on the immediate work unit.
• Ability to organize thoughts and ideas into understandable terminology.
• Ability to organize and prioritize own work schedule on short-term basis (longer than one month)
• Ability to add subtract, multiply, divide and to record, balance, and check results for accuracy.

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you’ll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtonmortgage.com .

What We Offer

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

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Notice to all applicants: Carrington does not do interviews or make offers via text or chat.