Loss Mitigation Post Closing Representative

Carrington Mortgage • Orange, CA

10d • Onsite

About The Position

The Loss Mitigation Post Closing Representative is responsible for receiving, monitoring, preparing, quality assuring, and delivering modification collateral documents to the appropriate agencies (FHA, VA, and USDA), the Collateral Department, and custodians. The role ensures compliance with HAMP, FHA, VA, USDA, and Ginnie Mae document fulfillment requirements for Loan Modifications, Partial Claims, and Mortgage Recovery Advances (MRA). It also provides loan-status reporting as requested by a Manager or Supervisor and performs duties in accordance with company policies and procedures and applicable state and federal laws and regulations.

This position is based in the company's Orange office and is scheduled Monday through Friday, 6:00 a.m. to 2:30 p.m. The target pay range is $20.00–$22.00 per hour, plus a monthly incentive.

Requirements

• High school diploma or equivalent work experience.
• Two or more years of mortgage experience.
• Knowledge of HAMP, FHA, VA, USDA, and Ginnie Mae loss mitigation document requirements, deliverables, and timelines.
• Knowledge of mortgage industry concepts, practices, and procedures.
• Intermediate skills in Microsoft Suite, including Word and Excel.

Nice To Haves

• One or more years of loss mitigation experience preferred.

Responsibilities

• Receive, review, and prepare modification documents for recording, send documents to vendor partners, and assist with recording rejects.
• Monitor receipt and delivery of applicable Loan Modification documents to the appropriate agency for recording and collateral requirements.
• Work with third-party vendors to track recording timelines and remediate recording exceptions or rejections as needed.
• Request collateral delivery extensions from applicable insurers or agencies as needed to ensure compliance with program requirements.
• Ensure collateral documents are properly executed and delivered on time to the Collateral Department and/or custodian.
• Provide loan-status reporting as requested by the Manager or Supervisor.
• Perform other duties as assigned.
• Perform all duties in accordance with company policies and procedures and applicable U.S. 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.
• 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 efforts.

What This Job Offers

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