California Licensed Loss Mitigation Underwriter

Job Summary

Evaluating and underwriting loss mitigation applications, the temporary California Licensed Loss Mitigation Underwriter will work remotely to analyze borrower financial information and determine the best course of action for delinquent mortgage accounts while ensuring compliance with investor guidelines and National Servicing Standards.

Key responsibilities

• Request and gather supporting documentation to create complete loan workout packages within required timeframes
• Evaluate and underwrite loss mitigation applications, including forbearance agreements and loan modifications
• Analyze borrower financial statements to determine appropriate resolutions and assess risk for potential losses

Required qualifications

• Bachelor's degree directly related to the position or equivalent experience preferred
• Two or more years of mortgage servicing experience, or at least one year in loss mitigation roles
• Strong working knowledge of FNMA/FHLMC/FHA/VA/USDA mortgage loan documents and compliance requirements
• Thorough understanding of mortgage underwriting and loss mitigation processes
• Proficiency in Microsoft Office Suite and familiarity with document retention software preferred