Hybrid Liquidation Closing Coordinator

Carrington Mortgage • Orange, CA

1d • Hybrid

About The Position

The Liquidation Closing Coordinator will provide assistance to the Liquidation Negotiator and Management Team with closing escrow for properties approved by the Liquidation staff; work to close escrow in a timely and efficient manner in order to meet all deadlines. Ensures all closing fees/costs are within Investor, Fannie Mae, FHA, VA, USDA and PMI allowable fees and costs. Responsible for monitoring activities of Foreclosure attorney’s relative to the accurate and timely handling of a Deed in Lieu of Foreclosure. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.

Requirements

• High school diploma or equivalent required.
• One (1) to two (2) years’ banking/mortgage experience.
• Experience with servicing Fannie Mae, FHA, VA, USDA and PMI.

Nice To Haves

• Some college-level courses in business and/or communications preferred.
• Knowledge of Microsoft Suite at basic level preferred
• Knowledge of relevant and industry-specific computer software packages at basic level preferred.
• Basic negotiation skills preferred
• Ability to understand complex problems and to collaborate and explore alternative solutions.
• Ability to make decisions that have moderate impact on the immediate work unit
• Ability to organize and prioritize own work schedule on short-term basis (longer than one month)
• Ability to add, subtract, multiply, and divide and to record, balance, and check results for accuracy; ability to process and input numerical data with speed and accuracy
• Ability to communicate with individuals utilizing a telephone; requires ability to hear and speak effectively on the telephone.

Responsibilities

• Complete and review all assigned tasks in the Short Sale and Deed In Lieu workflow queues.
• Review properties that are pending escrow and follow-up with listing agents and escrow companies to obtain status.
• Review estimated Settlement Statements provided by the closing companies to ensure that commissions and any other approved fees are correct.
• Follow-up with closing companies to make sure that all deliverable tasks are completed and wires sent.
• Review and read all e-mails and messages in the reporting system pertaining to properties in escrow.
• Follow-up on any pending wires that have not been received from the closing companies.
• Close out file in system upon receipt of wires, confirm the amount of the wire is correct, and then post tickets to the Cash Department within 48 hours.
• Follow-up with closing company after reviewing and requesting revisions on HUD documents, to ensure that revisions have been made.
• Approve the HUD documents and wait for the wire; execute posting instructions to Cash Department.
• Assist to negotiate and resolve title defects as they arise.
• Maintain, review, follow-up and ensure the timely and accurate completion of all regular scheduled steps including outstanding/late steps in the foreclosure tracking templates on a daily basis
• Communicate with attorneys/trustees via LenStar regarding delays and requests for information.
• Maintain consistent attendance to ensure fulfillment of essential duties and responsibilities.
• Perform other duties and projects as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• Discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses
• Educational Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED