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Claims Processor/Analyst- Mortgage Claims Dept. in Lake Zurich at Dovenmuehle

Date Posted: 3/26/2018

Job Snapshot

Job Description

Effect or causes a transfer of title to FHA and file claims with HUD to recover the outstanding principal balance and accrued debenture interest. Prepares or cause to be prepared and submitted via certified mail, the VA Election to convey form within 10 days of the foreclosure sale
Obtain final title evidence and final claims with FHA, VA to recover escrow advances and additional interest due on foreclosed loans. Prepares or causes to be prepared and submitted the claim package on foreclosure, deed-in-lieu and loss mitigation workouts to FHA, VA, PMI, Fannie Mae, Freddie Mac 
Prepares and submits request for reimbursement of advances/expenses to the investor. Update the internal system with all related information.   
Ensure that all claims are calculated and completed within FHA, VA, PMI, Fannie Mae, Freddie Mac, investor regulations and state laws to protect the validity of our claim and minimize the loss of the investor and service
Prepares investor billings where necessary    
Actively work the reports to ensure the claims are filed within required guidelines
Assist department and other desks as necessary

Job Requirements

•       At least 3 yrs general office/business experience - Claims           knowledge helpful but not required

•        Good PC skills required; Word,  Intermediate Excel and Outlook

•        Effective verbal and written communication skills

•        Must work well in fast paced, volume driven environment

•        Possess strong time management skills

•        Effectively multi task and meet sensitive deadlines  

•        Be self-motivated and work well with others