Mortgage Loss Mitigation Specialist

About the position

Foreclosure prevention for mortgagor's and to mitigate the loss to insured investors. This position is an on-site position.

Responsibilities

• Solicit delinquent and problem loans for loss mitigation.
• Conduct phone and face to face interviews with borrowers for loss mitigation processes.
• Send and process incoming borrower response packets.
• Counsel borrowers about various loan programs and help them to select the program that best fits their financial goals and needs.
• Assist the loss mitigation staff in gathering necessary documents from the borrower.
• Work closely with staff from Fannie Mae, FHA, VA, USDA and all other agencies as required.
• Provide and maintain a professional business like atmosphere within the organization and represent the financial institution to the investors and government agencies.

Requirements

• Have a good understanding of loss mitigation.
• Work well under stress and able to meet deadlines.
• Must be able to work independently under pressure.
• Must be detailed oriented and able to follow set guidelines.
• Excellent written and verbal communications skills.
• Understanding of excel spreadsheets, word and basic computer skills.
• Regular and reliable attendance.
• Works cooperatively with others.