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Loss Mitigation Specialist - Senior

Posted 6 days ago

  • Expiry Date: 21 October 2022
  • Referral:

Job Description:

Role Responsibilities:

  • The Loss Mitigation Doc Preparer Specialist is primarily responsible for preparing all Loss Mitigation documents for investors such as FHA, FNMA, FHLMC, VA for many different workout types (i.e. Loan Modifications, Forbearances, Trial Period Plans Evaluation Notices, Liquidation Approval Letters). 

  • Preparer will use the mortgage origination documents (Note, Title Policy and Security Instrument) to prepare the various Loss Mitigation workout types. 

  • Complete loan research and notations of the servicing file in Mortgage Servicing Platform (MSP) and auxiliary systems. 

  • Preparer will reviewing financial statements, credit bureau reports and complete Loss Mitigation packages in order to prepare the approved workout type. 

  • There are several positions available.

  • The majority of them will be doing closing activities for loss mitigation.

  • There will be high amounts of data entry. Some positions will require title review and recording setup.

  • Several others will be working with application of suspense funds and closing out loans. 

Must Have Skills/Prior Experiences:

  • Two years of related experience in mortgage, banking, financial risk, audit or compliance, knowledge of basic mortgage servicing, Quality Control, bankruptcy chapters (7, 13 and 11) and default servicing concepts and demonstrated proficiency in basic computer applications, such as Microsoft Office software products. 

About ASK: ASK Consulting is an award-winning technology and professional services recruiting firm servicing Fortune 500 organizations nationally. With 5 nationwide offices, two global delivery centers, and employees in 42 states-ASK Consulting connects people with amazing opportunities.

ASK Consulting is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all associates.