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Loss Mitigation Specialist l at Dovenmuehle · United States · Joined
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Loss Mitigation Specialist l

Dovenmuehle · United States · Just now · 0 applicants
NewRemoteFull-timeMiddle
Pay
Pay not listed
Workplace
Remote
Job type
Full-time
Level
Middle
Source: jobright · Posted by joined-scrapper

About the role

This role mitigates losses on delinquent mortgage loans by evaluating borrower applications, negotiating loss mitigation agreements, and monitoring loan performance to prevent foreclosure. It requires mortgage underwriting experience, knowledge of loss mitigation and foreclosure processes, and strong analytical and communication skills.

What you’ll do

  • Evaluate borrower applications for loss mitigation
  • Negotiate and process loss mitigation agreements
  • Monitor loan performance
  • Ensure compliance with applicable requirements
  • Help prevent foreclosure
  • Mitigate potential losses on delinquent mortgage loans

What you’ll need

  • Bachelor's degree or equivalent combination of education and experience
  • 1+ years' experience of mortgage underwriting
  • Proficient with Microsoft applications, including Excel, and loan servicing platforms
  • Strong analytical and problem-solving skills and attention to detail
  • Ability to handle complex, multiple tasks simultaneously in a fast-paced environment
  • Detailed knowledge of loss mitigation, bankruptcy, and foreclosure processes and agency requirements

Original job description

Dovenmuehle Mortgage, Inc. hires a Loss Mitigation Specialist I to mitigate potential losses on delinquent mortgage loans and help prevent foreclosure. The role evaluates borrower applications, negotiates and processes loss mitigation agreements, monitors loan performance, and ensures compliance with applicable requirements.Bachelor's degree or equivalent…

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