Short Sale/ Deed in Lieu Operations Specialist II
About The Position
PENNYMAC Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Loan Resolution Specialist will process 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
- High School Diploma / GED
- 3+ years of relevant work experience
- Must be highly proficient in Excel and Word
Nice To Haves
- Experience with first and second mortgage liens and short sale/ liquidation preferred
Responsibilities
- Complete research on prior workout reviews to ensure the loan is eligible for Short Sale/ Deed in Lieu
- Analyze financial statements, loan documentation and other relevant data submitted to determine the accurate workout solution
- Provide details of failed submissions back to negotiator to correct and resubmit
- Review and provide feedback on submitted documents to ensure accurate and appropriate for the file
- Conduct gain/loss analysis on loans to project any potential future loss vs the acceptance of a short sale, deed in lieu, or cash for keys
- Perform other related 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Real Estate
Education Level
High school or GED
Number of Employees
1,001-5,000 employees
