Description
Come join our amazing team and work remote from home!
The Loss Mitigation FHA Claims Specialist will be responsible for preparing,
filing, and following up on all FHA home retention claims timely and accurately
according to investor/insurer guidelines. 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 approved Target Pay range for
this position is $23.00 to $26.00.
What you'll do:
* Prepare and file all HUD claims timely and accurately according to
investor/insurer/CMS guidelines and requirements.
* Follow up semi-daily on all outstanding claim proceeds.
* Perform a loan level reconciliation for all final claim proceeds between the
amount claimed, the amount paid, and the outstanding loan indebtedness
including all escrow and corporate advances. Correct error files when
identified by cancelling claim and/or processing a refund request to HUD.
* Provide posting instructions for all claim proceeds within 24 hours of the
receipt of the claim proceeds.
* Review, follow-up and ensure the timely and accurate completion of all
regular scheduled steps.
* Input the completion date on the date the action occurs.
* Obtain approval, and modify the scheduled date to a date in the future when a
step in the process cannot be completed.
* Perform routine follow-up on a daily basis.
* Keep Supervisor informed of all trends and problems including, but not
limited, claim denials/curtailments, processing delays, etc.
* Document all servicing, action taken, delays, follow-up, and phone
conversations in the system notes.
* Ensure all claim documents are imaged timely.
* Maintain and controls the HUD audit file.
* Perform other duties as assigned.
What you'll need:
* High School Diploma or equivalent work experience; some college preferred.
* One (1) to two (2) years’ mortgage servicing default experience preferred.
* Previous FHA claims experience preferred.
* Understanding the loss mitigation and claims process.
* Excellent written and oral communication, organizational and time management
skills. Ability to communicate effectively with all levels both internally
and externally.
* Strong attention to detail and ability to problem solve.
* Strong interpersonal skills with a focus on teamwork and quality on loan
evaluation.
* Ability to handle multiple tasks under pressure and changing priorities.
* Ability to understand opposing points of view on highly complex issues and to
negotiate and integrate different viewpoints to serve the best interests of
CMS.
* Ability to make decisions that have moderate impact on immediate work unit.
* 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.
* Ability to compose materials such as detailed reports, work-related manuals,
publications of limited scope or impact.
* Ability to manage work in order to meet strict deadlines.
Our Company:
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
[http://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.
Notice to all applicants: Carrington does not do interviews or make offers via
text or chat.