Mortgage Claims Default Specialist

The EMAC Group; Troy (MI); On-site; USD 45,000 - 65,000; Full time

Job summary

A mortgage recruiting services provider is seeking a Claims Specialist to process claims to Fannie Mae and other mortgage entities. The role involves managing claims, ensuring timely settlements, and conducting audits of claims for validation. Candidates should have a strong grasp of Microsoft Office and prior experience in mortgage claims filing. This position offers an opportunity to work in a dynamic environment within the mortgage industry, with responsibilities that ensure proper claim handling and oversight.

Qualifications

• Proficient in Microsoft Office essential; familiarity with mortgage software applications is a plus.
• Experience in handling mortgage claims is mandatory.

Responsibilities

• Review and analyze investor and mortgage insurance claims for timely settlement.
• Document and maintain systems needed for claim handling.
• Research and obtain necessary documentation requested by investors.
• Manage application of claim funds received.
• Monitor claim process reports for timely filing.
• Conduct audits of assigned claims for compliance.

Skills

Knowledge of Microsoft Office

Knowledge of YARDI

Knowledge of LoanSphere

Knowledge of VALERI

Knowledge of USDA LINC

Knowledge of Workout Prospector

Experience in mortgage claim filing

Job description

The EMAC Group is a provider of mortgage recruiting services, we offer an extensive network of mortgage professionals and proven expertise developed over 20 years of experience identifying, attracting and recruiting mortgage talent for our clients.

Overview

The Claims Specialist is responsible for processing required claims to Fannie Mae, Mortgage Insurance Companies, FHA, VA or other investors to recover advances incurred throughout the default process. The Claims Specialist will file required claims; meet investor time frames, and complete audits of claims processes for validation. Responsibilities as well will entail tracking of claim payments received for proper application, and filing of any required supplemental claims as necessary, and respond regarding any contested claim information as required.

Responsibilities

• Review, analyze, and ensure timely settlement of investor and mortgage insurance claims and manage aging claims to determine status and bring to closure and request extensions as needed.
• Document and maintain all systems necessary for proper claim handling and follow-up.
• Research issues and obtain proper supporting documentation in a timely manner as requested by investor or mortgage insurance company.
• Manage application of all claim funds received and provide additional information as necessary in order to validate all available funds received prior to claim being closed.
• Monitor claim process reports to ensure all required responses are timely filed.
• Complete timely audits of all assigned claims to ensure all requirements have been met, and claim process can be validated.

Qualifications

EDUCATION / EXPERIENCE REQUIREMENTS

• Knowledge of Microsoft Office a must; knowledge of YARDI, LoanSphere, VALERI, USDA LINC and Workout Prospector a plus.
• Previous work with mortgage claim filing is a requirement.

Additional Information

Please contact Tabitha Wolf at: 303-953-4748