Loss Mitigation Underwriter, II

divh2Job Title/h2pLoss Mitigation Underwriter II/ph3Job Description/h3pCome join our amazing team and work remote from home!/ppThe Loss Mitigation Underwriter II will be responsible for underwriting loss mitigation 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 II level is the Intermediate level role in the job family and generally handles the moderately complex underwriting files while gaining additional knowledge and experience on the more complex files. The target pay range for this position is $25.00-$27.00 per hour./ph3What Youll Do/h3ulliPerform a thorough analysis to ensure the quality of each loan and to determine compliance with Treasury, Company and Investor guidelines./liliConduct Verification of Income (VOI)./liliCalculate customers front and back-end debt to income ratio./liliVerify occupancy, hardship and income./liliApply payment waterfall to determine workout eligibility (repurchase plans, forbearances, modifications or liquidation options)./liliIf applicable, identify the type(s) and amounts of liquid assets the borrower holds./liliDetermine and communicate needed conditions to properly document the file (reason for default letter, updated pay stubs, bankruptcy papers, etc.)./liliComplete system tasks as required to maintain compliance with Treasury, Company and Investor guidelines./liliDocument final decision and update system of record./liliPerform other duties as assigned./li/ulh3What Youll Need/h3ulliHigh school diploma or equivalent required./liliTwo (2) to three (3) years of underwriting/loss mitigation experience/li/ulh3Our Company/h3pCarrington 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: We Offer/h3ulliComprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed./liliAccess to several fitness, restaurant, retail (and more!) discounts through our employee portal./liliCustomized training programs to help you advance your career./liliEmployee referral bonuses so youll get paid to help Carrington and Vylla grow./liliEducational Reimbursement./liliCarrington 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./li/ulh3Job Info/h3ulliJob Identification 4079/liliJob Category Loss Mitigation/liliDegree Level High School Graduate/liliJob Schedule Full time/liliLocations 500 N State College Blvd, Orange, CA, 92868, US (Remote)/li/ul/div