Careers

Actively manage and coordinate the repurchase process for loans that have been determined should be repurchased by the seller.  The qualified applicant will need to be familiar with the purchasing and repurchasing of mortgage loan pools and the loss mitigation process.  The individual must possess strong communication skills, solid aptitude and a strong sense of personal accountability to be able to maintain a strong relationship with the seller during possible times of disagreement.  

Responsibilities:

·         Analyze a repurchase request and understand the premise behind the request.

·         Work in conjunction with the legal department to determine if there is a valid reason for the repurchase request.

·         Act as a liason between asset management and the legal department.

·         Act as a liason between Kondaur Capital Corporation and the seller once the repurchase demand has been sent to the seller.

·         Put together repurchase figures and obtain approval of the repurchase amount from all parties involved with the asset.

·         Provide repurchase figures to the seller and follow up with the seller until the repurchase proceeds have been received.

·         Notify all parties that the funds have been received and coordinate with the Trade Transfer Manager to initiate the transfer of servicing.

·         Perform other related projects as requested by management.

 

Requirements:

·         Must have at least 2 years of mortgage loan repurchase experience.

·         Must be pro-active, detail-oriented and possess problem solving skills.

·         Excellent interpersonal skills with the ability to work as part of a team.

·         Must be self motivated and have a strong personality to be able to deal with the challenges presented by both internal staff and sellers.

·         Accounting experience is a plus.