Loss Mitigation Post Closing Coordinator, I

Carrington MortgageOrange, CA
Onsite

About The Position

The Loss Mitigation Post Closing Coordinator I will be responsible for receipt, monitoring, and delivery of modification collateral documents to appropriate agencies (FHA, VA, USDA), Collateral Department, and Custodian. Ensure compliance in conjunction with HAMP, FHA, VA, USDA, and Ginnie Mae document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA). Assists with clearing title issues related to Partial Claims. Provide reporting as requested by Manager/Supervisor on loan status. 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 work experience.
  • One (1) or more years’ mortgage experience preferred
  • Intermediate skills in Microsoft Suite – Word, Excel, etc.
  • Ability to understand, remember, and apply oral and/or written instructions or other information.
  • Ability to understand, remember, and communicate routine, factual information.
  • Ability to make decisions that have moderate impact on the immediate work unit.
  • Ability to organize thoughts and ideas into understandable terminology.
  • Ability to organize and prioritize own work schedule on short-term basis (longer than one month)
  • Ability to add subtract, multiply, divide and to record, balance, and check results for accuracy.

Responsibilities

  • Receive, review, and assign modification documents to the Post Closing Representatives.
  • Monitor receipt and delivery of applicable Loan Modification documents to appropriate agencies for recording and collateral requirements.
  • Work with third party vendors to track recording timelines.
  • Ensure collateral documents are properly executed and delivered timely to the Collateral Department and/or custodian.
  • Serve as witness to loan modification documents.
  • Perform other duties, assignments, and special projects as needed.

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.
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