Location: Lewisville, TX, United States
Req ID: 015367
Ready to be a Cooper too? This might just be right up your alley!
We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.
The Contract Recovery Specialist is responsible for validating the claim amount, evaluating any discrepancies between advances made, claims filed and amounts received, and determining the root cause for all losses by Department & Activity. Responsibilities also include reviewing contracts, identifying all potential bill-back items and recovering or minimizing losses associated with servicing activities including Claims and Repurchase. Responsible for performing loss analysis on Reverse mortgage loans, determining reason for advances not being recovered on mortgage foreclosures, DILs, and Short Sales. Evaluates discrepancies between advances made, claims filed and amounts received, and determining the root cause for losses. Responsibilities also include reviewing contracts, identifying potential bill-back items and recovering or minimizing losses. Performs review of debenture interest curtailment timelines, determines responsible party and root cause of loss, and submits information into Project Titan for remediation.
ESSENTIAL JOB FUNCTIONS
EDUCATION / EXPERIENCE REQUIREMENTS
Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self. We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive. Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation. We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.
Job Requisition ID:015367
Primary Location City:Lewisville
Primary Location Region:Texas
Primary Location Postal Code:75067
Primary Location Country:United States of America
Posting Organization:Mr. Cooper
Line of Business:Servicing
Additional Posting Location(s):
SummaryResponsible for reviewing contracts, identifying all potential bill-back items and recovering or minimizing losses associated with Servicing activities including Claims and Repurchase.