Mortgage Loss Mitigation Specialist (San Diego)

Position Overview

Ultimate Staffing Services is actively seeking a dedicated Loss Mitigation Specialist to join their client's team in San Diego, California. This role requires an individual who can efficiently manage loss mitigation files and assist with foreclosure processes while ensuring compliance with company and regulatory standards.

Responsibilities

• Work with the Loss Mitigation Team to create and process loss mitigation files, including ordering BPO, AVM, property profiles, credit reports, and appraisals when required.
• Utilize skip tracing tools to drive borrower contact and make contact with homeowners to obtain required loan documentation.
• Prepare incoming hardship files for loss mitigation underwriting and assist in designing customized loss mitigation recommendations.
• Collaborate with attorneys, foreclosure vendors, real estate agents, escrow, and other lenders to handle fees / costs, timelines, and guidelines appropriately and timely.
• Answer inbound calls on both bankruptcy and loss mitigation files and assist with outbound collection call efforts.
• Provide instruction to foreclosure trustees or attorneys regarding foreclosure sales and assist in producing department reports and metrics.
• Process and mail various letters including short sale letters, repayment plans, and solicitation letters.
• Initiate and monitor PMI claims and assist in controlling company and investor exposure related to foreclosure and property disposition.
• Assist in all required reporting to Treasury, Fannie Mae, and PMI vendors and report delinquent loans to various PMI vendors.
• Assist in updating and establishing department policies and procedures.

Requirements

Required Work Hours

Monday to Friday Schedule : 8 AM-4 : 30 PM or 9 AM-5 : 30 PM

Benefits

Competitive hourly pay ranging from $22 to $25.

Additional Details

Contract role and Onsite role

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county, to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.