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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Basic Qualifications for Consideration. Monitor loans in Bankruptcy to ensure the debtor is in compliance with the bankruptcy plan and that 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. They ensure Proof of Claims, Motions for Relief, Payment Change N...
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...
Description. Job Summary. A seasoned account manager with experience in late stage or post charge off cash collections, skip tracing and asset identification, and recovery operations. Your primary responsibilities will be locating and contacting guarantors on charged off commercial debt to negotiate payment arrangements that maximize recovery. A successful Recovery Portfolio Manager will bring a well-rounded skill set to the table. Duties / Respo...
Livermore, CA. Order Type : Temp. Well established Credit Union in the Livermore area is looking for a Collector to join the fast-paced team. This is a long-term temp position with the possibility of hire. Position Summary. In this fast-paced, challenging role, the Collector will become part of our dynamic Collections team that is responsible for assisting customers with resolving issues that have caused them to fall behind on their loan payments...
Responsible for performing collection activities associated with delinquent Member accounts, including VISA credit cards, lines of credit, secured loans, signature loans, and home equity loans. Reviews delinquent accounts, determines Member circumstances to review options and, as circumstances indicate, assists legal counsel in collections proceedings. Ensures that the Credit Union's professional image is maintained. Principal Responsibilities. A...
Job Description. Are you experienced in Collections and looking to join a great team. A client of ours is hiring a Collections associate to join their team. Collections Associate. Fully on-site in Livermore, CA. $22-27.00 Hourly. Responsibilities. Contact customers by phone, email, and mail to recover debt. Initiate and receive a large volume of customer phone calls dealing with consumer and mortgage loan delinquencies on a daily basis. Actively ...
Robert Half is looking for a Bankruptcy Specialist for a role in New Brighton. This role demands proficiency in coordinating various functions related to Bankruptcy and loss mitigation: loan modifications, repayment plans, forbearances, property inspections, bankruptcy proceedings, etc., as well as other reporting and compliance criteria.Primary Responsibilities and Duties:- Review proceedings, records, and timelines, updating activities througho...
Description. . Purpose. The Collector position focuses on collecting past due consumer loans, Visa, and negative shares. The Collector works on trying to make suitable arrangements with the member if possible. The Collector will determine whether the accounts are profitable and collectible. They are also responsible for consulting with the Lending & Collections Supervisor based on the member’s current status. Organizational Standards. An energeti...
Description. . Purpose. The Collector position focuses on collecting past due consumer loans, Visa, and negative shares. The Collector works on trying to make suitable arrangements with the member if possible. The Collector will determine whether the accounts are profitable and collectible. They are also responsible for consulting with the Lending & Collections Supervisor based on the member’s current status. Organizational Standards. An energeti...
Who we are. Shellpoint Mortgage Servicing (SMS) is one of America’s top-five non-bank mortgage-servicing companies. What is mortgage servicing. Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or “service”) their loan portfolios, which means that we collect homeowners’ mortgage payments, pay their tax and insurance bills, and help homeowners in default to get current....
This position is responsible for managing complex, at-risk and problem loans to resolution to ensure maximum recovery for the Bank. The position is split into two levels, Special Assets Officer I and II. Only one position is open, and based on qualifications, candidates will fit into one of the two levels. ESSENTIAL FUNCTIONS. Special Assets Officer I. Collections, Bankruptcy, SBA and Foreclosure: 60%. Manage all aspects of loans within an assig...
The Loss Prevention Site Lead (LPSL) is a key leadership position within the Amazon Loss Prevention Team. If you are curious and want to challenge your conventional view of an LP role in a very unconventional space, this role within Amazon will provide that challenge. The LPSL leads the effort to efficiently, and effectively, provide security services and asset protection (lives, buildings, equipment, inventory, data, & intellectual property) in ...
