Responsibilities
+ Build a complete document package with all appropriate/applicable supporting invoices, breakdowns, ledgers, foreclosure, bankruptcy, and loss mitigation relevant documents based on a specific claim type in a timely and efficient manner
+ Evaluates/reconciles loan level balances (corporate and escrow advances) for expenses incurred to determine claimable vs non claimable to maximize reimbursement on behalf of the servicer and/or client
+ Reviews MI claim Explanation of Benefits (EOB) or VA Insurer Advice of Payments (AOP) and research curtailment reasons for potential rebuttal.
+ Files Appeal or Supplemental Claims ensuring all allowable advances and interest are recovered from the MI companies and/or Insurer/VA.
+ Works in conjunction with attorneys, agencies, PMI companies, investors, and master servicers to expedite the completion of the claim to minimize losses.
+ Complies with and have working knowledge of all FNMA, FHLMC, PMI, VA, investor and master servicer rules and regulations
+ Compile reporting data into clear excel sheets to send to multiple departments for daily review.
+ Pull required documents to send with reporting to vendors for sale pricing on foreclosed purchases.
Qualifications
+ Bachelor’s degree in business, finance, investigation practices, or related field preferred
+ 4-5 years of related experience of Default Servicing experience within the Mortgage Banking industry
+ 3+ years’ experience in filing investor/insurer claims
+ Knowledge of MI and/or Insurer guidelines and requirements, default compliance, foreclosure, and bankruptcy laws in a multi-state portfolio
About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
While all employers are vetted to meet the Maricopa Guidelines, the job postings are not individually reviewed. Students should be diligent in ensuring they are applying for positions that meet their needs and are not in violation of the Maricopa guidelines.