Working remotely in a full-time capacity, the Loss Mitigation Specialist will manage foreclosure referrals by analyzing borrower files for compliance with regulations and providing recommendations based on delinquency reports.
Key responsibilities:
Provide foreclosure recommendation filings and audit files for regulatory compliance
Maintain communication with borrowers to address issues and ensure timely decision-making on foreclosure referrals
Assist with audits and compile findings to ensure adherence to investor and regulatory requirements
Required qualifications:
High school diploma or equivalent; Bachelor's degree in Finance, Business, or related field preferred
Three or more years of back office mortgage servicing experience, with at least two years in loss mitigation roles
Strong knowledge of FNMA, FHLMC, FHA, and VA mortgage loan documents and related compliance regulations
Proficiency in Microsoft Word, Excel, and Outlook; familiarity with document retention software preferred
Intermediate math skills and strong organizational abilities required