Hybrid Liquidation Negotiator

Carrington Mortgage • Orange, CA

7d • Hybrid

About The Position

Carrington Mortgage Services is seeking a Liquidation Negotiator to join their team. This role involves negotiating short sale offers and deeds in lieu of foreclosure, recommending the best exit strategy for borrowers while minimizing company losses, and ensuring compliance with all policies and regulations. The position offers a hybrid work schedule and a target pay range of $23.50 - $26.00 per hour, plus a monthly incentive.

Requirements

• Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints
• Ability to make decisions that have significant impact on the immediate work unit and monitor impact outside the immediate work unit
• Ability to organize and prioritize own work schedule on short-term basis (longer than one month) and within allotted work schedules
• Strong working knowledge of Microsoft Office Suite (Word, Excel, etc.)
• High school diploma or equivalent required.
• Two (2) or more years of related experience in loss mitigation/negotiation required.
• Knowledge of mortgage/real estate terminology required.
• Knowledge of industry and/or company-specific software in sales/collections required.

Nice To Haves

• Some college courses in business or finance preferred.
• Knowledge of Microsoft Suite at intermediate level preferred.

Responsibilities

• Receives inbound calls to answer borrower, real estate agent, attorney and authorized third party questions regarding Liquidation and deed in lieu of foreclosure requests.
• Conveys approvals and declines to real estate agents, attorneys, and authorized third parties.
• Negotiates and formulates counter offers that reduce loss severity and meet or exceed company-determined property valuation, and presents counter offers to real estate agents, attorney, and authorized third parties.
• Submits negotiated files to senior management for approval.
• Declines purchase offers with excessive variance between purchase offer price and company-determined property valuation.
• Compares purchase offer selling price with company-determined property valuation to determine appropriate counter offer.
• Prepares loss analysis worksheet to determine the loss severity of the purchase offer or deed in lieu of foreclosure submitted.
• Postpones foreclosure sales when additional time is needed to review and approve Liquidation and/or deed in lieu of foreclosure requests.
• Performs all other duties as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• Discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses.
• Educational Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED