Loss Mitigation Post Closing Coordinator

Carrington Mortgage • Anaheim, CA

62d • $21 • Onsite

About The Position

The Loss Mitigation Post Closing Coordinator will be responsible for receipt, monitoring, notarization, and delivery of modification collateral documents to appropriate agency (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. The approved pay for this position is $21.00.

Requirements

• Active notary required as core function to perform job.
• High school diploma or equivalent work experience.
• Two (2) or more years’ mortgage experience.
• Knowledge of HAMP, FHA, VA, USDA, and Ginnie Mae Loss Mitigation document requirements, deliverables, and timelines required
• Knowledge of mortgage industry concepts, practices and procedures
• Intermediate skills in Microsoft Suite – Word, Excel, etc.
• Two (2) or more years’ mortgage experience.

Nice To Haves

• One (1) or more years of loss mitigation experience preferred.
• One (1) or more years of loss mitigation experience preferred.

Responsibilities

• Receive, review, and assign modification documents to the Post Closing Representatives.
• 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.
• Serve as witness and notary to loan modification documents.

Benefits

• Comprehensive healthcare plans for you and your family.
• Plus, a 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 so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees