Come join our amazing team and work remote from home!
The Loss Mitigation Underwriter I will be responsible for underwriting Loan Modifications applications in accordance with Treasury, Company and Investor guidelines while following companys policies and procedures under general supervision. Makes sound underwriting decisions and ensures that all decisions meet legal and policy requirements. Perform all duties in accordance with the companys policies and procedures, all US state and federal laws and regulations, wherein the company operates. The Loss Mitigation Underwriter I level is the entry level role in the job family and generally handles the least complex underwriting files while gaining additional knowledge and experience on the more complex files. The target pay range for this position is $23.00 - $26.00 per hour.
Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines.
Conduct Verification of Income (VOI).
Calculate customers front and back-end debt to income ratio.
Verify occupancy, hardship and income.
Apply payment waterfall to determine workout eligibility (repayment plan, forbearance, modification or liquidation options).
If applicable, identify the type(s) and amounts of liquid assets the borrower holds.
Determine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.).
Complete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines.
Document final decision and update system of record.
High school diploma or equivalent required.
Zero (0) to 2 years of underwriting background or servicing/loss mitigation experience
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 youll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: .
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 youll get the opportunity to work with friends (and get some extra cash in your pocket!).
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.
#Carrington
#LI-GV1
Carrington is an equal opportunity employer. It is the policy of the company that applicants be considered for positions for which they qualify without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veterans status, physical or mental disability or any other legally protected category. Carrington will make reasonable accommodations for known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the company.
#J-18808-Ljbffr...love teaching others. You can simplify accounting concepts down into layman terms.... ...retentive. You are a wizard at time management, efficient planning, and organizing.... ...benefits and know how to have fun! Outsourced Accounting Manager Responsibilities...
...Valid BLS Competency in the placement of PICC / Midlines High level skills in critical thinking and assessment related to vascular access device selection High level clinical communication skills with physicians and other clinical staff Willingness to...
...Description: Immediate opening is available for a Director of Social Work. The Social Worker is responsible for directing and overall management of... ...: Candidate with Master in Social Work (MSW). Nursing home experience is a must. At least 2 years experience in...
...the public sector. Job Overview Were seeking a motivated accounting graduate to join our growing Consulting Team! As a Consultant,... ...Accepted Accounting Principles (GAAP) and gain hands-on experience in a variety of areas, including: Agreed-Upon Procedures (AUP...
...that fuels a culture that will reflect in our communities and customers we serve. We offer medical, dental, and vision coverage,... ...most full-time positions! Job Description As a Security Officer - Airport in Queens , you will serve and safeguard clients in a...