Loss Mitigation Post Closing Coordinator, I

Posted Yesterday
Be an Early Applicant
Orange, CA, USA
In-Office
22-22 Hourly
Junior
Financial Services
The Role
Coordinates post-closing loan modification collateral documents, ensuring timely receipt, review, execution, recording, and delivery to agencies, custodians, and internal departments. Tracks recording timelines with third-party vendors, assists with title issues, witnesses modification documents, maintains loan status reporting, and supports compliance with HAMP, FHA, VA, USDA, and Ginnie Mae requirements.
Summary Generated by Built In

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 $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. To read more visit: www.carringtonmortgage.com.

What We Offer:

  • 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.
  • Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

 

https://oag.ca.gov/privacy/ccpa

 Notice to all applicants: Carrington does not do interviews or make offers via text or chat. 

Skills Required

  • High school diploma or equivalent work experience
  • One or more years of mortgage experience
  • Intermediate proficiency with Microsoft Suite, including Word and Excel
  • Ability to understand, remember, and apply oral and written instructions
  • 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 work on a short-term basis
  • Ability to perform basic arithmetic and record, balance, and check results for accuracy
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The Company
HQ: Orange, CA
1,050 Employees
Year Founded: 2003

What We Do

Carrington Mortgage Services, LLC ( “Carrington”) (NMLS ID #2600) is a national direct to consumer and wholesale lender. Our retail home lending division has community-based branches assisting borrowers with home financing opportunities and local real estate agents with their buyer clients. Our wholesale lending team assists mortgage brokers nationally providing fast, reliable service. We work as a team to make the mortgage process easier on you, the borrower, the agent or the broker.

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