REMOTE Loss Mitigation FHA Claims Specialist
United States
Come join our amazing team and work 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 target pay range for this position is $23.00 to $27.00.
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.
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.
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.
EEO/AAP Employer
Notice to all applicants: Carrington does not do interviews or make offers via text or chat.
ApplyJob Profile
401(k) match Community contributions Comprehensive healthcare Comprehensive healthcare plans Customized training programs Educational reimbursement Employee Discounts Employee referral bonuses Healthcare plans Referral bonuses Training programs Work From Home
Tasks- Document servicing actions
- Follow up on claims
- Maintain HUD audit file
- Perform loan level reconciliation
- Prepare and file FHA claims
Attention to detail Communication Customer Care FHA FHA claims Interpersonal Loan Servicing Loss Mitigation Mortgage servicing Organizational Problem-solving Teamwork Time Management
Experience1-2 years
EducationEquivalent Equivalent work experience High school diploma Some College
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9