Loss Mitigation Specialist

3 weeks ago


Ocala, Florida, United States Spherion Full time

Job Title: Loss Mitigation Specialist

Job Summary:

We are seeking a highly skilled Loss Mitigation Specialist to join our team at Spherion. As a Loss Mitigation Specialist, you will be responsible for reviewing accounts for viable solutions to avoid foreclosure and assisting borrowers in retaining their dream of homeownership.

Key Responsibilities:

  • Analyzing Financial Information: Review documents such as credit reports, financial statements, and collateral appraisals to assess the borrower's income.
  • Creating Payment Plans: Use the borrower's debt and liabilities to develop a plan that allows them to make loan payments.
  • Educating Borrowers: Explain options to borrowers, including programs and resources that may help.
  • Communicating with Borrowers: Maintain communication with borrowers and address their concerns.
  • Managing Documents: Manage loss mitigation documents and perform quality assurance on work.
  • Adhering to Guidelines: Follow guidelines to prevent foreclosure and ensure compliance with company policies.

Requirements:

  • High school diploma or its equivalent.
  • Two years' underwriting experience preferred.
  • Knowledge of default loss mitigation servicing, specifically with FHA loans preferred.
  • Experience on a mortgage servicing platform is a plus.
  • Ability to work with vendors and other departments to obtain documentation when needed.
  • Ability to multitask and effectively manage time.
  • Ability to communicate effectively - both in verbal and written form.

Qualifications:

  • Strong Communication skills.
  • Accuracy and Thoroughness.
  • Dependability.
  • Productivity.
  • Planning and Organizing.
  • Judgment and Discretion.

Education: High School

Experience: 1-4 years

Work Hours: 8:00 AM - 5:00 PM

Equal Opportunity Employer: Spherion is an equal opportunity employer and welcomes people of all abilities. If you require a reasonable accommodation to make your application or interview experience a great one, please contact us.



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