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Carrington Mortgage Services, LLC.
Loss Mitigation Post Closing Coordinator, I
Entry-Level JobVerifiedNo experience needed
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Based on California data
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What they do
A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.
$48,883 / year median in California
-31% projected decline
Job Description
Come join our amazing team and work on-site in Orange, CA! 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. The Target Pay Range for this position is $20.50 to $22.00. What you'll do: 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. What you'll need: 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. Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you'll consider joining our growing team of uniquely talented professionals as we transform residential real estate.