FHA Part B Default Claims Analyst - 100% REMOTE

Responsible for building 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. This position is responsible for adhering to all guidelines set forth by insurer, investor, and master servicing guidelines.

• 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
• Files respective investor/insurer initial and final claims based on the respective guidelines for allowable limits
• Reviews MI claim Explanation of Benefits (EOB) or 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.
• Monitors pre/post conveyance processes on government loans
• Satisfies audit requests
• Monitors claim deadlines and exceptions reports
• Monitors REO activity on investor claim files
• Ensures all receivables are paid w/ no penalties or interest curtailments
• Ensures payment to vendors in a timely manner
• Corresponds with attorney/trustees, vendors, and agency representatives to ensure claims are processed within insurer and investor guidelines
• 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, FHA, VA, investor and master servicer rules and regulations
• Performs regular reviews of all cases/claims on a regular basis
• Requests UPB removal on loans from Investor Reporting Department once the claim process has been completed
• Assists in the training of new employees
• Performs other work and duties as assigned

Skills & Qualifications:

• Claims analysis, claims preparation, mortgage, default, MSP, loss mitigation, default servicing
• Must be very strong in Excel and have used Vlookup and Pivot Tables on a consistent daily basis.
• Working knowledge of the Black Knight MSP servicing system
• Working knowledge of MS Outlook, Word, Excel, Power Point, and ability to learn industry related systems
• Able to work both independently and within a team environment
• Excellent time management skills
• Working knowledge with Microsoft Office, spreadsheets and software applications
• Strong analytical skills
• Excellent verbal and written communication skills
• Detail oriented with ability to successfully manage multiple priorities
• Able to work in fast paced environment with the ability to meet deadlines