Loss Mitigation Specialist

As a Team Lead in Loss Mitigation, you will be responsible for: - Possessing an end-to-end (E2E) understanding of the Default Servicing cycle within US Mortgage Loan Operations. - Demonstrating strong knowledge of the Underwriting and Closing processes in Loss Mitigation. - Reviewing and performing quality checks on Loss Mitigation (LM) and Underwriting (UW) files. - Working across various loan divisions such as Fannie Mae, Freddie Mac, FHA, VA, USDA, and Asset Loans. - Having in-depth knowledge of Listing Agreements, HUD-1 Settlement Statements, Purchase Contracts, Divorce/Separation Agreements, Quit Claim Deeds, LOE, POE, and Child Support documentation. - Demonstrating a comprehensive understanding of the loan default cycle. - Understanding DTI, CLTV, and HCLTV calculations. - Being familiar with Forbearance, Forbearance Extensions, and Extension of Forbearance processes. - Showing strong attention to detail with a perfection-driven approach to Quality Control (QC). - Having end-to-end knowledge of closing procedures, including loan mitigation closing. - Experience working with and managing checklists. Qualifications required for this role: - Proven experience in team handling, including overseeing daily operations, mentoring team members, monitoring productivity, ensuring compliance to guidelines, and driving performance targets. - Ability to lead and guide a team in Loss Mitigation to achieve accuracy, SLA adherence, and operational excellence. As a Team Lead in Loss Mitigation, you will be responsible for: - Possessing an end-to-end (E2E) understanding of the Default Servicing cycle within US Mortgage Loan Operations. - Demonstrating strong knowledge of the Underwriting and Closing processes in Loss Mitigation. - Reviewing and performing quality checks on Loss Mitigation (LM) and Underwriting (UW) files. - Working across various loan divisions such as Fannie Mae, Freddie Mac, FHA, VA, USDA, and Asset Loans. - Having in-depth knowledge of Listing Agreements, HUD-1 Settlement Statements, Purchase Contracts, Divorce/Separation Agreements, Quit Claim Deeds, LOE, POE, and Child Support documentation. - Demonstrating a comprehensive understanding of the loan default cycle. - Understanding DTI, CLTV, and HCLTV calculations. - Being familiar with Forbearance, Forbearance Extensions, and Extension of Forbearance processes. - Showing strong attention to detail with a perfection-driven approach to Quality Control (QC). - Having end-to-end knowledge of closing procedures, including loan mitigation closing. - Experience working with and managing checklists. Qualifications required for this role: - Proven experience in team handling, including overseeing daily operations, mentoring team members, monitoring productivity, ensuring compliance to guidelines, and driving performance targets. - Ability to lead and guide a team in Loss Mitigation to achieve accuracy, SLA adherence, and operational excellence.