Loss Mitigation Specialist

Reposted 20 Days Ago
Be an Early Applicant
Englewood, CO, USA
In-Office
50K-60K Annually
Junior
Fintech • Software • Financial Services
The Role
Provide world-class customer service to delinquent mortgage borrowers, negotiate payment arrangements, underwrite loss mitigation per investor guidelines (FHA/VA/USDA/FNMA/FHLMC), manage inbound/outbound call queues, interpret title searches and resolve liens/judgments, recommend foreclosure alternatives, and maintain quality and production standards.
Summary Generated by Built In

***No agencies or 3rd party Recruiters please. Thank you! ***

 

Who we are:

 

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions.


We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.


Who we are looking for…


Cornerstone Servicing is looking for an experienced Loss Mitigation Specialist. The Loss Mitigation Specialist role is responsible for providing world class customer care to our customers. This position will provide an exceptional level of customer service by taking ownership and responsibility for all activity occurring at Cornerstone Servicing and ensuring customers are educated regarding all hardship assistance options offered.


  •  Location: Onsite daily in Englewood, CO
  •  Compensation:  $50-60k 

 

What you'll need to be successful…


  • Responsible for negotiating payment arrangements, keeping our borrowers in their homes and curing delinquency
  • Manage inbound and outbound calling queues via automated calling system
  • Continuously improve knowledge base and skillset to ensure maximum level of customer satisfaction and world class customer experience
  • Underwrites loans for loss mitigation in accordance to FHA, VA, USDA, FNMA, FHLMC guidelines and decisions all loss mitigation waterfall options for borrower(s) seeking workout assistance.
  • Recommends loss mitigation actions on requests for proposed foreclosure alternatives within timeframes established by investor.
  • Utilizes ability to read and interpret title searches and rectify outstanding judgements, liens, etc.
  • Maintains quality control and production standards defined by CHL
  • Perform other job-duty related issues as assigned

Qualifications:


  • High School Diploma, GED, or equivalent experience
  • Minimum 2 years of experience in mortgage servicing
  • Minimum 2 years of experience in a Collections environment
  • Bi-lingual skills a plus
  • Experience with Business Purpose Loans or Non-QM Loans preferred
  • Strong phone etiquette while having a passion for taking care of customer needs with exceptional customer service skills
  • Solid analytical skills with the ability to exercise prudent judgment
  • Exceptional organization and time management a must
  • Comfortable being a team player
  • Strong interpersonal skills in addition to verbal/written communication
  • Ability to work through stressful situations professionally and respectfully
  • Attention to detail

What we offer: 

 

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department. 

  

What to do next: 

 

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • High School Diploma, GED, or equivalent experience
  • Minimum 2 years of experience in mortgage servicing
  • Minimum 2 years of experience in a collections environment
  • Onsite daily in Englewood, CO
  • Underwrite loss mitigation in accordance with FHA, VA, USDA, FNMA, FHLMC guidelines
  • Ability to read and interpret title searches and rectify outstanding judgments/liens
  • Manage inbound and outbound calling queues via automated calling system
  • Strong phone etiquette and exceptional customer service skills
  • Solid analytical skills with prudent judgment
  • Exceptional organization and time management
  • Team player with strong interpersonal and verbal/written communication
  • Ability to work through stressful situations professionally and respectfully
  • Attention to detail
  • Bi-lingual skills
  • Experience with Business Purpose Loans or Non-QM Loans
Am I A Good Fit?
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The Company
HQ: Houston, Texas
200 Employees

What We Do

We are a team of dynamic, enthusiastic, and service-oriented individuals who want to make banking and mortgages easier for you. With our upcoming digital banking and mortgage-lending platforms, we're confident you'll feel right at home with the new Cornerstone Capital Bank. Cornerstone Capital Bank, SSB, Member FDIC, NMLS ID# 2258 (www.nmlsconsumeraccess.org) 1177 West Loop South, Suite 700, Houston, TX 77027 The Roscoe State Bank, a Division of Cornerstone Capital Bank, SSB, 117 Cypress St, Roscoe, TX 79545

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