Loss Mitigation Underwriter

Job is Expired
Location: Remote
Compensation: To Be Discussed
Reviewed: Thu, Dec 05, 2024

Job Summary

A company is looking for a Loss Mitigation Underwriter responsible for submitting loan modification workups for various investor workout options.

Key Responsibilities
  • Understand investor's waterfall and required documents for loss mitigation
  • Communicate with customers, agents, and attorneys to negotiate short sale offers and advise on decisions
  • Assess property values, review financial documents, and determine suitable repayment options

Required Qualifications and Education
  • A combined 3 years of higher education and/or experience, including 1 year in collections or underwriting
  • Proficiency with word processing and spreadsheet software
  • Bachelor's degree preferred
  • Paralegal certification or experience preferred
  • Mortgage collections experience preferred

COMPLETE JOB DESCRIPTION

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