What are the responsibilities and job description for the Default Reporting Specialist position at LHH?
LHH Recruitment Solutions has partnered with a bank to hire a contract temporary Default Reporting Specialist for 4 months in Fort Worth. TX. The ideal candidate will have prior experience handling delinquent loans. The anticipated pay range for this position is between $24-$25/hr, depending on experience. Are you looking for stability and meet the criteria? Please, Apply Now!
Position Overview: The Default Reporting Specialist is tasked with managing investor portfolio reporting for delinquent loans. This role involves resolving escalated loan-level issues, reviewing reports, addressing operational concerns, and ensuring top-tier service to meet investor requirements. The specialist will monitor and update reports to guarantee accurate investor reporting.
Key Responsibilities:
- Ensure the accuracy of Default Codes for all investors.
- Process daily and month-end Edit Reports.
- Submit manual events for VA loans through the VALERI system, ensuring acceptance of event codes. Address any rejections by notifying the appropriate personnel for corrections.
- Communicate with the VA office to resolve technical issues related to the VALERI system.
- Verify that VA loans are properly insured for reporting purposes.
- Submit Fannie Mae Daily files through the Portal by specified deadlines.
- Assist with mid-month and month-end Default Investor reporting, ensuring system updates and timely submission of reports to investors.
- Update coding on our system and FHA Connection for the HUD Single Family Default Monitoring Report.
- Report redemption dates, title acquisition dates, foreclosure sales, deeds in lieu (DIL), and short sales to investors.
- Escalate any deficiencies, problems, or concerns that may pose a potential risk to management.
- Respond to investor inquiries via phone or email.
- Provide assistance to investors experiencing issues.
- Perform additional duties and special projects as assigned.
Job Requirements:
- At least 1 year of experience in Default Reporting.
- Proficiency with MSP and Black Knight products.
- Preferred experience with FHA and VA.
Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and 401K plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs. Available paid leave may include Paid Sick Leave, where required by law; any other paid leave required by Federal, State, or local law; and Holiday pay upon meeting eligibility criteria.
Salary : $24 - $25
