Loss Mitigation Post-Closing Specialist — Monthly Incentive

Carrington Holding Company, LLC; Orange (CA); On-site; USD 28,000 - 30,000; Full time

Benefits offered by this job

Healthcare

401(k) match

Discounts

Training programs

Referral bonuses

Educational reimbursement

Job summary

Carrington Mortgage Services in Orange, CA is seeking a Loss Mitigation Post Closing Representative to manage modification documents and coordinate with agencies and vendors. You will ensure compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements and provide status reporting.

The role requires a high school diploma and mortgage experience; one year loss mitigation preferred. Working hours are 6:00 am - 2:30 pm, Mon-Fri, with a competitive hourly pay and monthly incentives.

Qualifications

• High school diploma or equivalent work experience.
• Two (2) or more years’ mortgage experience.
• One (1) or more years of loss mitigation experience preferred.
• Knowledge of HAMP, FHA, VA, USDA, and Ginnie Mae Loss Mitigation document requirements, deliverables, and timelines required.
• Knowledge of mortgage industry concepts, practices and procedures.
• Intermediate skills in Microsoft Suite – Word, Excel, etc.

Responsibilities

• Receive, review and prepare modification documents for recording and/or send to vendor partner and assist vendor partner with recording rejects.
• Monitor receipt and delivery of applicable Loan Modification documents to appropriate agency for purposes of recording and collateral requirements.
• Work with third party vendor to track recording timelines and remediate recording exceptions/rejections as needed.
• Request collateral delivery extensions from applicable insurer/agency as needed to ensure compliance to program requirements.
• Ensure collateral documents are properly executed and delivered timely to Collateral Department and/or custodian.
• Perform other duties as assigned.

Job description

Carrington Mortgage Services in Orange, CA is seeking a Loss Mitigation Post Closing Representative to manage modification documents and coordinate with agencies and vendors. You will ensure compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements and provide status reporting.

The role requires a high school diploma and mortgage experience; one year loss mitigation preferred. Working hours are 6:00 am - 2:30 pm, Mon-Fri, with a competitive hourly pay and monthly incentives.