Job details The Loss Mitigation Specialist is responsible for working with borrowers who are experiencing financial difficulties to help them avoid foreclosure. This position requires evaluating the borrower's financial situation and determining appropriate solutions, such as loan modifications, payment plans, short sales, or deeds in lieu of foreclosure. ...
Responsibilities:
Assess borrower financial documents, including income verification, credit reports, and expenses.

Analyze borrower situations to determine eligibility for loss mitigation options.

Propose and recommend appropriate loss mitigation solutions to avoid foreclosure.

Discuss available options with borrowers, including loan modifications, short sales, or deeds in lieu of foreclosure.

Act as an intermediary between the borrower and lender, negotiating terms and conditions for loan modifications or repayment plans.

Ensure all solutions are compliant with company policies and industry regulations.

Review, track, and maintain accurate borrower files and documents throughout the mitigation process.

Collect and process necessary documentation from borrowers for loss mitigation packages.

Complete and submit required forms and paperwork to ensure timely processing.

Stay up to date with loss mitigation industry trends, regulations, and best practices.

Communicate empathetically with borrowers who are experiencing financial hardship.

Working hours: 8:00 AM - 7:00 PM

Skills:
Experience in loss mitigation, loan servicing, or customer service is a plus.

Strong understanding of loan documents, mortgage servicing, and loss mitigation processes.

Ability to analyze financial documents and determine appropriate solutions.

Excellent communication skills, both verbal and written, with the ability to handle sensitive customer situations.

Strong attention to detail and organizational skills.

Ability to work under pressure and meet deadlines in a fast-paced environment.

Education:
High School

Experience:
1-4 years

Qualifications:
High school diploma or equivalent

Previous experience in mortgage servicing, collections, or a related field


Let's Get To Work!

Spherion has helped thousands of people just like you find work happiness! Our experienced staff will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temp-to-perm or direct hire opportunities, no one works harder for you than Spherion.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Spherion, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact Callcenter@spherion.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Spherion offers a comprehensive benefits package, including health, and an incentive and recognition program (all benefits are based on eligibility).

Show lessShow more The Loss Mitigation Specialist is responsible for working with borrowers who are experiencing financial difficulties to help them avoid foreclosure. This position requires evaluating the borrower's financial situation and determining appropriate solutions, such as loan modifications, payment plans, short sales, or deeds in lieu of foreclosure.

Responsibilities:
Assess borrower financial documents, including income verification, credit reports, and expenses.

Analyze borrower situations to determine eligibility for loss mitigation options.

Propose and recommend appropriate loss mitigation solutions to avoid foreclosure.

Discuss available options with borrowers, including loan modifications, short sales, or deeds in lieu of foreclosure.

Act as an intermediary between the borrower and lender, negotiating terms and conditions for loan modifications or repayment plans.

Ensure all solutions are compliant with company policies and industry regulations.

Review, track, and maintain accurate borrower files and documents throughout the mitigation process.

Collect and process necessary documentation from borrowers for loss mitigation packages. ...
Complete and submit required forms and paperwork to ensure timely processing.

Stay up to date with loss mitigation industry trends, regulations, and best practices.

Communicate empathetically with borrowers who are experiencing financial hardship.

Working hours: 8:00 AM - 7:00 PM

Skills:
Experience in loss mitigation, loan servicing, or customer service is a plus.

Strong understanding of loan documents, mortgage servicing, and loss mitigation processes.

Ability to analyze financial documents and determine appropriate solutions.

Excellent communication skills, both verbal and written, with the ability to handle sensitive customer situations.

Strong attention to detail and organizational skills.

Ability to work under pressure and meet deadlines in a fast-paced environment.

Education:
High School

Experience:
1-4 years

Qualifications:
High school diploma or equivalent

Previous experience in mortgage servicing, collections, or a related field


Let's Get To Work!

Spherion has helped thousands of people just like you find work happiness! Our experienced staff will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temp-to-perm or direct hire opportunities, no one works harder for you than Spherion.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Spherion, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact Callcenter@spherion.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Spherion offers a comprehensive benefits package, including health, and an incentive and recognition program (all benefits are based on eligibility).

Show lessShow morekey responsibilities

Assess borrower financial documents, including income verification, credit reports, and expenses.Analyze borrower situations to determine eligibility for loss mitigation options.Propose and recommend appropriate loss mitigation solutions to avoid foreclosure.Discuss available options with borrowers, including loan modifications, short sales, or deeds in lieu of foreclosure.Act as an intermediary between the borrower and lender, negotiating terms and conditions for loan modifications or repayment plans.Ensure all solutions are compliant with company policies and industry regulations.Review, track, and maintain accurate borrower files and documents throughout the mitigation process.Collect and process necessary documentation from borrowers for loss mitigation packages.Complete and submit required forms and paperwork to ensure timely processing.Stay up to date with loss mitigation industry trends, regulations, and best practices.Communicate empathetically with borrowers who are experiencing financial hardship.

experience

1-4 years

skills

Experience in loss mitigation, loan servicing, or customer service is a plus.Strong understanding of loan documents, mortgage servicing, and loss mitigation processes.Ability to analyze financial documents and determine appropriate solutions.Excellent communication skills, both verbal and written, with the ability to handle sensitive customer situations.Strong attention to detail and organizational skills.Ability to work under pressure and meet deadlines in a fast-paced environment.

qualifications

High school diploma or equivalent Previous experience in mortgage servicing, collections, or a related field

education

High School

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