Liquidation Negotiator

Carrington Mortgage • Orange, CA

1d • $24 - $26 • Onsite

About The Position

Come join our amazing team and work on-site in Orange!
The Liquidation Negotiator negotiates short sale offers and deeds in lieu of foreclosure presented to the company via real estate agents, attorneys, and other third parties. Recommends best available exit strategy for borrowers while reducing loss severity for the company. Perform all duties in accordance with company policies and procedures and all state and federal regulations. The Target Pay range for this position is $23.50 - $26.00 + monthly bonus.

Requirements

• 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 offer that reduces loss severity and meets or exceeds company-determined property valuation, and presents counter offer 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.
• 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.)

Benefits

• Comprehensive healthcare plans for you and your family.
• Plus, a 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 so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees