Loan Modification Specialist

6 days ago


Getzville, New York, United States Imagine Staffing Technology Full time
Job Title: Loan Modification Specialist

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options. As a Loss Mitigation Underwriter I, you will communicate with customers, real estate agents and attorneys to negotiate short sale settlement offers and advise of loss mitigation decisions.

The ideal candidate will have a combined 3 years' higher education and/or experience, including a minimum of 1 year collections or underwriting experience. Proficiency with word processing and spreadsheet software is also required.

Key Responsibilities:
  • Understand investor's waterfall and required documents for loss mitigation.
  • Communicate with customers, real estate agents and attorneys to negotiate short sale settlement offers and advise of loss mitigation decisions.
  • Manage and monitor account portfolio to ensure that all documentation and account decisions comply with banking policies, investor guidelines and applicable regulations.
  • Assess property value and variance between appraised properties and offers submitted by potential buyers.

Compensation: $26/hr. The salary range may vary based on location and other factors.

About Imagine Staffing Technology: We are a premier staffing agency specializing in financial services. Our goal is to connect top talent with exciting career opportunities. If you're passionate about finance and customer service, we'd love to hear from you.

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