Loss Mitigation Underwriter Ii

Mnbankandtrust

Getzville, New York, United States of America
Base: $22.61 - $37.67 hourly (usd); bonus/equity: ...
Investor waterfall understanding
Loan modification workup submission
Foreclosure mediation hearing preparation
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 proficient in reviewing financial documents such as tax returns, pay stubs, and credit reports to determine suitable repayment options.

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 (USD); Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Investor waterfall understanding
  • Loan modification workup submission
  • Foreclosure mediation hearing preparation
  • Income and expense assessment
  • Short sale settlement review

Nice-to-have

  • Strong communication skills over phone
  • Knowledge of M&T internal systems
  • Paralegal certification or experience
  • Mortgage collections background
  • Ability to resolve clouded title issues

Key Requirements

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

Work Rights

Not specified

Tailored Resume

Cover Letter