Contract Recovery Specialist II (4367) in Lewisville, TX at Mr. Cooper

Date Posted: 10/8/2018

Job Snapshot

Job Description



Ready to be a Cooper too? This might just be right up your alley!



  • Perform loss analysis for the Claims Department to determine why advances were not recovered on home mortgage foreclosures, DILs, and Short Sales.
  • Perform analysis of all LSAMS transactions relating to advances and expenses on zero UPB loans and reconcile to all Claim funds and Third Party funds received.
  • Specialist makes c/o decision based on recoverability.  If recoverable from 3rd party, pursue claim.  If not, added to c/o list.
  • Reviews all existing and future contracts for Servicing and identify all opportunities and requirements to assign losses back to third party.
  • Builds and implements process for servicing organization to report and track all potential recoveries.
  • Drafts and tracks call correspondence necessary to request recovery items.
  • Responds to calls or correspondence from attorneys, third party vendors, government agencies and other Servicers.
  • Prepares summary statements and presentations to senior management related to large-dollar or persistent issues.
  • Works with in-house counsel when appropriate to determine escalation path for unresolved items.
  • Support Repurchase group within Acquisitions to resolve Servicer discrepancies.
  • Prepares and maintains monthly management reports detailing the roll-forward and chance of recovery of each loss recovery item.


Job Requisition ID:

4367

Job Category:

Servicing

Primary Location City:

Lewisville

Primary Location Region:

Texas

Primary Location Postal Code:

75067

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Servicing

Additional Posting Location(s):

Alternate Requisition:

No