This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options and preparing loans for foreclosure mediation hearings
Job Summary
This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options and preparing loans for foreclosure mediation hearings.
The role involves managing an account portfolio of 70 loans and ensuring all documentation and decisions comply with banking policies, investor guidelines, and applicable regulations.
The successful candidate will serve as a liaison to various investors including Fannie Mae, Freddie Mac, and M&T Bank to gain approval for settlements and provide necessary documentation.
Matching Summary
This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options and preparing loans for foreclosure mediation hearings.
Salary
Base: $22.61 - $37.67 Hourly (USD); Bonus/Equity: Not specified; Benefits: Not specified
Skills & Requirements
Must-have
loan modification workups
investor workout options
portfolio management of loans
compliance with banking policies
customer financial document review
communication with investors and customers
Nice-to-have
cross training in loss mitigation
knowledge of M&T systems
paralegal experience
mortgage collections experience
promoting inclusive work environment
Key Requirements
minimum 2 years collections or underwriting experience
combined 4 years higher education and/or experience