Loss Mitigation Specialist

Job Summary

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