Loss Mitigation Professional
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Responsible for working with members facing financial difficulties to find solutions for resolving mortgage and consumer loan deliquency, reporting default status and transactions to investors, minimizing loan losses and maintaining compliance with investor, credit union, and government rules and regulations. Supports collections and recovery efforts as assigned by management.
Candidate must have a Bachelor's degree in business or related field or equivalent experience. This position requires at least four years of related experience in Loss Mitigation. Must have experience with Fannie Mae and Freddie Mac default management processes, be able to settle claims with private mortgage insurance companies and be able to analyze credit reports, paystubs, tax returns, bank statements, and personal financial statements. This candidate must be able to to manage projects, have excellent communication skills and be able to operate related computer applications and other business equipment.
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