Carrington Mortgage Holdings, LLC

  • Collections Specialist, Early Stage, I

    Job Locations US-IN-Westfield
    Job ID
    2019-7629
    Position Category
    Collections
    Company
    Carrington Mortgage Services, LLC
    Position Type
    Regular
  • 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 hiring an Early Stage Collections Specialist, I for our office in Westfield, IN.  Consider Carrington Today!

    Responsibilities

    Responsible for counseling borrowers on methods for bringing their loan current and/or exploring alternative solutions. Contact borrowers in the early stages (1-59 days) of the delinquency cycle and negotiate payment arrangement to bring borrowers current. In the event a borrower is unable to bring the account current, representatives thoroughly review the borrower’s current financial situation and offer additional options depending on the circumstance. They also provide support to inbound Customer Service on high inbound volume days. Individual must perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.
    This role generally performs work of low to moderate complexity. Incumbents are able to perform collections and customer service activities and may still be learning the more complex mortgage concepts and call types.

     

    ESSENTIAL DUTIES AND RESPONSIBILITIES

    • Evaluates and helps determine the borrower’s ability to pay, and collects appropriate financial information in a courteous and professional manner, striving for first-call resolution and in compliance with all applicable regulations.
    • Counsels borrowers on their options through education of alternative solutions.
    • Contacts borrowers, utilizing an automated dialing system (Aspect Dialer) for both inbound and outbound calls.
    • Provide alternatives to borrowers who demonstrate the ability and or inability to pay, by educating them on repayment plans, loan modifications, short sales, Deed in Lieu of Foreclosure, and/or possible refinancing.
    • Negotiate reasonable payment arrangements with borrowers, initiate and explain required documents to complete a borrower “Request for Mortgage Assistance” package in compliance with department policies and procedures.
    • May function as the single point of contact for a borrower.
    • May need to escalate borrowers to a licensed Loss Mitigation associate for specific workout details.
    • Provide status on payments and payoff inquiries; verify payment history and new servicer contact information; process payments.
    • Assist with loan servicing website payments, denied access, password resets.
    • Respond to escrow, loss draft and closing document inquiries.
    • Provide status on a wide variety of servicing functions including payment/credit disputes, escrow refunds/shortage, loss draft, short sale, Deed in Lieu of Foreclosure, modification/refinance requests, repayment plans, and additional mortgages activities.
    • Perform other duties as assigned.
    •  

    ESSENTIAL KNOWLEDGE, SKILLS, ABILITIES, AND COMPETENCIES:

     

    • Knowledge of or ability to learn requirements of the Fair Debt Collection Practices Act
    • Knowledge of relevant and industry-specific computer software packages
    • Strong verbal communication skills – ability to express or exchange ideas by means of the spoken word, communicating orally with others accurately, audibly, and quickly
    • Basic to Intermediate math skills (i.e., add, subtract, multiply, and divide and to record, balance, and check results for accurac
    • The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are
      not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees assigned to this job.
    • Ability to understand basic collection issues and to collaborate and explore alternative solutions
    • Ability to apply state, federal and company requirements and make proper decisions
    • Ability to organize thoughts and ideas into understandable terminology

    Qualifications

    • High school diploma or equivalent work experience
    • Less than one (1) year collections experience in a customer service/call center environment and /or loan servicing experience
    • Experience in the Banking, Mortgage/Loan Servicing industries preferred

    WHAT DO WE OFFER? 

    • Competitive compensation with incentive bonus plans
    • Excellent benefits including Medical, Dental, Vision, 401K, Short Term and Long Term Disability Insurance
    • 10 days of paid vacation in the first year, not including sick time or floating holidays
    • Access to several fitness, restaurant, retail (and more!) discounts through our employee portal;
    • Customized training programs to help you advance in your career.
    • Employee referral bonuses so you’ll get the opportunity to work with friends (and get some extra cash in your pocket!).
    • And a philanthropic workforce that supports causes year-round through the Carrington Charitable Foundation.

     

    EEO/AAP Employer 

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