Loss Mitigation Underwriter Ii

M&T Bank

Getzville, New York, United States of America
Base: $22.61 - $37.67 hourly; bonus/equity: not sp...
4 years higher education or experience
2 years collections or underwriting experience
Knowledge of land title and investor waterfalls
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 requires managing a portfolio of 70 loans while ensuring compliance with banking policies, investor guidelines, and regulations.
  • Candidates must be able to assess income, expenses, property values, and negotiate short sale settlements with various stakeholders.

Matching Summary

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

Salary

Base: $22.61 - $37.67 Hourly; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • 4 years higher education or experience
  • 2 years collections or underwriting experience
  • Knowledge of land title and investor waterfalls
  • Proficiency with word processing and spreadsheet software
  • Ability to communicate effectively over the phone

Nice-to-have

  • Bachelor's degree preferred
  • Paralegal certification or experience
  • M&T systems knowledge
  • Mortgage collections experience
  • Promotes an environment that supports belonging

Key Requirements

  • Combined 4 years higher education/experience
  • Minimum 2 years collections or underwriting experience
  • Knowledge of land title
  • Paralegal certification (preferred)
  • Bachelor's degree (preferred)

Work Rights

Not specified

Tailored Resume

Cover Letter