Loss Mitigation Post Closing Coordinator, I

Carrington Mortgage • Orange, CA

1d • Onsite

About The Position

The Loss Mitigation Post Closing Coordinator I is responsible for receiving, monitoring, and delivering loan modification collateral documents to agencies including FHA, VA, and USDA, as well as to the Collateral Department and custodian. The role helps ensure compliance with document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA), including requirements associated with HAMP, FHA, VA, USDA, and Ginnie Mae. The coordinator also assists with clearing title issues related to Partial Claims and provides loan-status reports as requested by a Manager or Supervisor. All duties must be performed in accordance with company policies and procedures and applicable U.S. state and federal laws and regulations. This is an on-site position in Orange, California, with approved pay of $22.00.

The coordinator receives, reviews, and assigns modification documents to Post Closing Representatives; monitors applicable documents through agency recording and collateral processes; works with third-party vendors to track recording timelines; and ensures collateral documents are properly executed and delivered on time. The role also serves as a witness to loan modification documents and performs other duties, assignments, and special projects as needed.

Requirements

• High school diploma or equivalent work experience.
• Intermediate skills in Microsoft Suite, including Word and Excel.
• 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 with moderate impact on the immediate work unit.
• Ability to organize thoughts and ideas into understandable terminology.
• Ability to organize and prioritize one’s work schedule on a short-term basis (longer than one month).
• Ability to add, subtract, multiply, and divide, and to record, balance, and check results for accuracy.

Nice To Haves

• One or more years of mortgage experience preferred.

Responsibilities

• Receive, review, and assign modification documents to Post Closing Representatives.
• Monitor receipt and delivery of applicable Loan Modification documents to 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 a witness to loan modification documents.
• Assist with clearing title issues related to Partial Claims.
• Provide loan-status reporting as requested by a Manager or Supervisor.
• Perform other duties, assignments, and special projects as needed.
• Perform duties in accordance with company policies and procedures and applicable state and federal laws and regulations.

Benefits

• Comprehensive healthcare plans for the employee and family.
• Discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to fitness, restaurant, retail, and other discounts through the employee portal.
• Customized training programs to support career advancement.
• Employee referral bonuses.
• Educational reimbursement.
• Carrington Charitable Foundation community contributions and fundraising support.

What This Job Offers

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