Home Mortgage Default Operations Specialist

Job description

Home Mortgage Operations Specialist performs accounting functions for internal business lines such as Foreclosure, Litigation, Bankruptcy and Loss Mitigation. Home Mortgage Operations Specialist completes processes in accordance with investor/insurer guidelines and statutory requirements. Accounting functions are often complex and multi-layered and must be completed in a manner that protects our ability to file and collect investor/insurer Claims. Primary responsibilities include: - Completing Foreclosure and Deed-in-lieu Removals and Re-adds - Processing Foreclosure 3rd Party sales proceeds, Redemptions and investor Charge offs - Processing Reinstatements, Payoffs and Settlements on Foreclosure and Litigated Loans - Completing Bankruptcy Cram downs and Lien Strips - Combining Multiple Liens in REO - Completing Loan Modification Capitalization, Partial Claims and Payment Deferrals - Processing Loss Mitigation Short Sales - Processing Suspense funds and Payment reversals - Researching and Reconciling General Ledger accounts - Assisting with post application Quality Control reviews - Assisting with Invoice management tasks and projects - Assisting management with various projects and...