Mortgage Claims Specialist

The EMAC Group; Detroit (MI); On-site; USD 45,000 - 60,000; Full time

Job summary

The EMAC Group in Detroit, Michigan, is hiring a Claims Specialist responsible for processing investor claims such as Fannie Mae and FHA. This position requires reviewing and analyzing claims for timely settlements and maintaining systems for proper handling.

Applicants should have a degree in a relevant field or equivalent experience and must have knowledge of mortgage claim filing. The job offers an opportunity to work in a pivotal role within a respected organization.

Qualifications

• Degree in a discipline related to the position is preferred; equivalent experience may be considered.
• Knowledge of mortgage claim filing is required.

Responsibilities

• Process claims to Fannie Mae, Mortgage Insurance Companies, FHA, VA, and other investors.
• Review and analyze claims for timely settlement.
• Document and maintain systems for claim handling.
• Research and obtain supporting documentation.
• Manage claim funds and provide information as necessary.
• Complete audits of assigned claims.

Skills

Microsoft Office

YARDI

LoanSphere

VALERI

USDA LINC

Workout Prospector

Education

Graduation from a 4-year college or university in a related field

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.

Job Description

Position Summary

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 also include tracking of claim payments received for proper application, filing any required supplemental claims as necessary, and responding regarding any contested claim information as required.

Essential Position Functions

• Review, analyze, and ensure timely settlement of investor and mortgage insurance claims and manage aging claims to determine status, 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

• Graduation from a 4‑year college or university with major course work in a discipline related to the requirements of the position is preferred. Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job.
• 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