Modification Processor

Pennymac • Moorpark, CA

5d • Onsite

About The Position

The Modifications Processor will assist with entry level processing, completion and post modification tasks associated with mortgage loan modifications (FHA, Conventional, USDA, VA, Private).

Requirements

• High School Diploma / GED
• 3+ years of relevant work experience
• Knowledge of federal and state laws pertaining to the mortgage-banking industry
• Expertise in and experience providing value-added customer service in a fast-paced environment
• Experience using automated financial and/or loan tracking systems
• Must be highly proficient in Excel and Word

Responsibilities

• Utilize various systems, both internal and external to aid in the processing and closing of a loan modification
• Prepare files according to internal, investor, federal or state guidelines
• Check files for accuracy, including files that require special handling (bankruptcy, litigation, foreclosure)
• Ship various modification documents via FedEx or regular mail
• Receive, log, and verifying incoming correspondence
• Clear conditions and ready transactions for modification loan closing
• Ensure accurate closing and recording of loan modifications
• Escalate any issues that impact a loan modification transaction
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

What This Job Offers

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