Loan Research Negotiation Specialist III

Pennymac • Fort Worth, TX

20d • $50,000 - $75,000 • Onsite

About The Position

The Loan Resolution Negotiation Specialist will negotiate and formalize retention or liquidation workout solutions with defaulted borrowers, in an effort to avoid the completion of foreclosure and to mitigate loss to the borrower and the company. As the Specialist, you will ensure activities are in compliance with federal, state and local regulations as well as in accord with PNMAC policies and procedures.

Requirements

• Ability to maintain a professional demeanor and attitude while speaking with customers or conversing via email
• Must be highly proficient in Excel and Word

Nice To Haves

• Experience with first and second mortgage liens and short sale/ liquidation preferred

Responsibilities

• Analyze financial statements, loan documentation and other relevant data to determine best workout solution
• Conduct gain/loss analysis on loans to project any potential future loss versus the acceptance of a short sale or deed in lieu
• Maintain current status of each application in loan servicing system; provide updates to management as needed; and gather documents for investor reporting
• Initiate contact with customers who have defaulted on their mortgages. Contact is made through phone calls and email
• Review delinquent mortgages on a daily basis to ensure proper resolution
• Process applications needing more oversight or Investor involvement, especially applications that may involve more risk to Pennymac
• Perform other duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed