Closer, Loss Mit

Freedom Mortgage

5d•Onsite

About The Position

This role is responsible for managing the closing process for loss mitigation loans, ensuring all documentation is accurate and compliant. The position involves preparing and processing various loan modification and foreclosure-related documents, communicating with internal and external stakeholders, and performing post-closing audits. The company, Freedom Mortgage, has been helping Americans achieve homeownership for over 30 years and is committed to customer well-being and community improvement.

Requirements

Bachelor’s Degree from a Four (4) year College or University.
One (1) to two (2) years related experience and/or training.
Excellent verbal and written communication skills.
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Ability to apply concepts of basic algebra and geometry.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to deal with problems involving several concrete variables in standardized situations.

Responsibilities

Prepare mailing labels for overnight packages.
Validate executed documents for complete signatures, dates, and notarizations, and submit to Management.
Ensure Foreclosure close and bill task is opened.
Process payment reversals to ensure modification system changes are processed accurately.
Monitor daily funds received report.
Follow up on the status of documents sent to recording.
Send partial claims to FHA vendor and track receipt of recorded partial claims documents.
Mail accurate and executed loan modification documents to clients, borrowers, and investors.
Submit all required documents to the Claims department.
Ensure additional documentation for Short Sale and Deeds in Lieu closing packages is provided.
Complete post-closing audits to confirm all required settlement documents contain appropriate signatures/notarizations.
Verify and upload required documents into the imaging system.
Provide closing status updates.
Contact attorneys, authorized agents, title companies, property preservation vendors, and homeowners to provide or receive closing status updates on Liquidation workouts.
Process invoices, answer questions about billing, and coordinate resolution of billing issues.
Ensure Deed in Lieu documents are recorded properly.
Resolve rejected documents.
Maintain regular and punctual attendance.
Perform other related duties as assigned.