Mortgage Loss Mitigation & Post-Closing Specialist

Carrington Holding Company; Orange (CA); On-site; USD 26,000 - 30,000; Full time

Benefits offered by this job

Healthcare plans

401(k) plan with company match

Discount program for employees

Educational reimbursement

Referral bonuses

Charitable foundation involvement

Career training programs

Job summary

Carrington Mortgage Services is seeking a Loss Mitigation Post Closing Representative to handle receipt, monitoring, and delivery of modification collateral documents to FHA, VA, USDA agencies and custodians. You will ensure compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements and provide status reporting to the manager.

The role offers a base pay range of $19.00 to $22.00 per hour plus monthly incentives and comprehensive benefits, with office-based work in Orange, CA.

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.
• 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.

Skills

Mortgage experience

Loss mitigation

Loan modification knowledge

MS Office

Education

High school diploma

Tools

Microsoft Word

Microsoft Excel

Job description

Carrington Mortgage Services is seeking a Loss Mitigation Post Closing Representative to handle receipt, monitoring, and delivery of modification collateral documents to FHA, VA, USDA agencies and custodians. You will ensure compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements and provide status reporting to the manager.

The role offers a base pay range of $19.00 to $22.00 per hour plus monthly incentives and comprehensive benefits, with office-based work in Orange, CA.