Job Details

Responsible for loss mitigation efforts of all 1-4 family 1st mortgage real estate loans serviced by the mortgage servicing department. Responsible for working through the customers BRP package and loss mitigation options to determine any available workout option to foreclosure. Responsible for document preparation and quality control, as necessary. Working with the investor/insurers for the appropriate workout options and any required approvals. Follow all investor guidelines and processes and maintain communication within their systems throughout the process. Report the status of loans with any workout arrangement to the Loss Mitigation Manager. Act as Loss Mitigation Single Point of Contact (SPOC) throughout the Loss Mitigation process from package collection through decisioning, fulfillment and closing. Contact and interact with delinquent borrowers to review potential options to foreclosure. Understand all investor waterfall and documentation requirements. Properly documents all c...Mitigation, Mortgage, Specialist, Banking, Skills