Carrington Mortgage Services Loan Servicing Setup Specialist in Westfield, Indiana

Overview

FOUNDED IN 2003, Carrington has evolved from a mortgage credit asset manager into a vertically-integrated financial services company that covers virtually every aspect of the single family residential real estate transaction, including investment in U.S. real estate and mortgage markets, loan origination and servicing, asset management and property preservation, real estate sales and rental, and title and escrow services. Carrington has built the infrastructure necessary to maximize value during any market cycle.

We are currently looking for a Loan Setup Specialist to support our team in Westfield, IN!

Responsibilities

The Loan Setup Specialist is responsible for the reconciliation of the loan status in the servicing system to the status in Mortgage Electronic Registration System (MERS), and also ensuring that all loans boarded onto the servicing system are boarded correctly. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Run comparison queries to ensure loan status in the Loan Servicing System matches MERS

  • Submit batch updates to MERS as necessary

  • Review daily, weekly, and monthly reports from MERS

  • Communicate with sellers, servicers, investors and MERS to insure MERS information is correctly reflected in MERS

  • Update data as necessary to insure compliance with MERS guidelines

  • Perform monthly audits of MERS loans

  • Update QA Plan as necessary

  • Ensure annual 3rd party review is scheduled and performed

  • Generate reports pursuant to internal requests

  • Look for ways to improve the efficiency of operations through automation

  • Complete full audit (short list or long list) on all loans originated and/or acquired by CMS

  • Upon boarding, complete review of loans including but not limited to obligors, Texas A6, and KUCCC loans

Qualifications

  • High school diploma or equivalent required

  • A minimum of one year experience in a mortgage servicing environment

  • Knowledge of mortgage industry terminology

  • Knowledge of Microsoft Suite at a basic level

  • Ability to organize and prioritize own work schedule on short-term basis (longer that one month) and within allotted work schedule timelines

EEO/AAP Employer

Job ID2018-7241

Position CategoryServicing

CompanyCarrington Mortgage Services, LLC

Position TypeRegular