Loss Mitigation Underwriter I

MTB (M&T Bank)

Getzville, New York, United States of America
Base: $20.55 - $34.25 hourly; bonus/equity: not sp...
3 years higher education or experience
1 year collections or underwriting experience
Effective phone communication skills
This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options

Job Summary

  • This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options.
  • The role involves communicating with customers, real estate agents, and attorneys to negotiate short sale settlement offers and advise on loss mitigation decisions.
  • Candidates must manage a portfolio of approximately 70 loans while ensuring compliance with banking policies, investor guidelines, and applicable regulations.

Matching Summary

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options.

Salary

Base: $20.55 - $34.25 Hourly; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • 3 years higher education or experience
  • 1 year collections or underwriting experience
  • Effective phone communication skills
  • Proficiency with word processing software
  • Proficiency with spreadsheet software

Nice-to-have

  • Bachelor's degree preferred
  • Paralegal certification or experience
  • Mortgage collections experience
  • Knowledge of M&T internal systems
  • Supportive belonging environment

Key Requirements

  • Combined 3 years higher education/experience
  • Minimum 1 year collections or underwriting experience
  • Bachelor's degree (Preferred)
  • Paralegal certification (Preferred)

Work Rights

Not specified

Tailored Resume

Cover Letter