Loss mitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, a partial claim loan, repayment plan, forbearance, or other loan work-out. All of the options s ...
erve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing../
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Job Title. Bankruptcy Specialist (Hybrid). Location. Glen Allen, VA. Description. Monitor loans in bankruptcy to ensure the debtor is in compliance with the bankruptcy plan and that CCO Mortgage adheres to investor, state, federal and bankruptcy court guidelines / timeframes. Bankruptcy Specialist works with the foreclosure, loss mitigation, escrow analysis, taxes and the insurance department communicating the bankruptcy status. Ensure Proof of C...
A-Line Staffing is now hiring Bankruptcy Specialist in Glen Allen, VA. The Bankruptcy Specialist would be working for a Fortune 500 company and has career growth potential. This would be full-time / 40 hours per week. If you are interested in this Ba Specialist, Staffing, Healthcare
Why join this team. Join this collaborative team to assess the risk of lending activity, and offset risk by ensuring the recovery of funds using collection letters, calls and skip tracing to resolve delinquent accounts and mitigate losses in order to contribute to the financial soundness of UNFCU. It will also provide the opportunity to hone your negotiating skills. This position is hybrid. NYC Salary Range - $59,000 - $62,000 annually. compensat...
Why join this team. Join this collaborative team to assess the risk of lending activity, and offset risk by ensuring the recovery of funds using collection letters, calls and skip tracing to resolve delinquent accounts and mitigate losses in order to contribute to the financial soundness of UNFCU.It will also provide the opportunity to hone your negotiating skills. . This position is hybrid. . NYC Salary Range - $59,000 - $62,000 annually. compen...
Are you a detail-oriented and customer-focused professional with experience in mortgage servicing and collections. We're looking for a. Mortgage Servicing Collections Specialist. to join our team. Key Responsibilities. Handle inbound and outbound collection calls professionally and efficiently. Assist borrowers with payment processing and account inquiries. Provide guidance on loss mitigation options and process required documentation. Maintain a...
Company Description. Jobs for Humanity is collaborating with YUPRO Placement to build an inclusive and just employment ecosystem. We support individuals coming from all walks of life. Company Name: YUPRO Placement. Job Description. Bankruptcy Specialist. This is a contract opportunity. This is a hybrid opportunity in Glenn Allen, VA. About this position. We are seeking a detail-oriented Bankruptcy Specialist II to ensure compliance with bankruptc...