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Hiring For Loss mitigation Bankruptcy and Foreclosure Associates Firstsource

1.0 - 5.0 years

2 - 5 Lacs

bengaluru

Work from Office

The Mortgage Loss Mitigation Specialist is responsible for managing a portfolio of loans in various stages of default, including delinquency, loss mitigation, bankruptcy, and foreclosure . This role ensures compliance with federal and state regulations , investor guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA), and company policies while working to minimize financial losses and assist borrowers in retaining homeownership when possible. Key Responsibilities Loss Mitigation Review borrower financials and determine eligibility for workout options such as loan modifications, repayment plans, forbearances, short sales, and deeds-in-lieu . Communicate with borrowers, attorneys, and housing cou...

Posted 2 weeks ago

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