Claims Processor III - FHA/Conventional Claims
Core
Submits FHA and conventional claims, reviews losses, and reconciles loans for final booking by Default Accounting.
Role type
Claims Processor
Builds
Loan loss allocations and investor reconciliations
Domain
Mortgage servicing / Real estate finance
Required skills
Loan history research, Invoice verification, Regulatory guideline adherence, System data entry, Cross-departmental coordination, Loss reconciliation
Preferred skills
Full disposition type knowledge, M&T Bank systems proficiency
Responsibilities
Monitor daily workflow reports, Process and file claims per guidelines, Review claims for accuracy, Research loan history for advances and deposits, Contact internal departments for clarification, Consult with Mortgage Insurance and Hazard departments on refunds, Respond to attorney loan level requests, Update systems before moving loans to next phase, Review completed claims for accuracy, Reconcile losses and approve loss amounts, Reconcile loans for final refunds to investor or prior servicer, Adhere to compliance and operational risk controls
Seniority
Mid-level, hands-on IC