Hybrid Liquidation Manager

Carrington; Plano (TX); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Healthcare plans

Discretionary 401(k) match

Training programs

Employee referral bonuses

Educational reimbursement

Job summary

Carrington Mortgage Services, part of The Carrington Companies, seeks a Liquidation Manager to lead a team handling short sales and deed in lieu transactions, ensuring compliance with laws and company policies while coordinating with real estate agents, attorneys, and third parties.

The role is hybrid, with some travel for mediation/hearings, and offers a comprehensive benefits package including healthcare, a discretionary 401(k) match, training programs, and employee referral bonuses.

Qualifications

• High school diploma or equivalent required; some college in business/finance preferred.
• 5+ years mortgage industry experience.
• 2+ years loss mitigation/negotiation experience needed.
• Intermediate Microsoft Office knowledge.
• Mortgage/real estate terminology familiarity required.
• Ability to negotiate and consider opposing viewpoints.

Responsibilities

• Manage staff handling inbound/outbound calls from borrowers, real estate agents, attorneys, and third parties.
• Analyze submitted Short Sales and REO transactions for investor approval and compliance.
• Negotiate timely counter offers to reduce loss severity and meet valuation targets.
• Submit negotiated files to senior management/investors for approval.
• Decline offers with large variance from company valuation.
• Provide monthly reporting and track department metrics for Senior Management.
• Oversee postponements of foreclosure sales as review time is needed.
• Attend mediation/settlement hearings (some travel required).
• Perform other duties as assigned.

Skills

Staff management

Negotiation

Mortgage industry experience

Microsoft Office

Communication

Travel readiness

Education

High school diploma or equivalent

Tools

MS Office Suite

Mortgage software

Job description

Come join our amazing team and work a hybrid schedule!

The Liquidation Manager management of department staffed with liquidation negotiators tasked with completion of short sale and deeds in lieu transactions presented to the company via real estate agents, attorneys, and other third parties. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. The approved Target Pay Range for this position is $90,000 to $100,000.

What you'll do:

• Manage the staff that receives inbound & outbound calls from borrowers, real estate agents, attorneys and/or an authorized third party with questions regarding short sale and deed in lieu of foreclosure requests.
• Analysis of submitted Short Sale and REO transactions to assure investor approval and compliance.
• Work with staff for timely negotiations and counter offer that reduces loss severity and meets or exceeds company-determined property valuation, and presents counter offer to real estate agents, attorney, and authorized third parties.
• Submit negotiated files to senior management/ Investors for approval.
• Decline purchase offers with excessive variance between purchase offer price and company-determined property valuation.
• Monthly reporting and tracking of department matrix to Senior Management
• Management of postponements of foreclosure sales when additional time is needed to review and approve short sale and or deed in lieu of foreclosure requests.
• Attendance at Mediation/Settlement hearing - some travel required.
• Perform other duties as assigned.

What you'll need:

• High school diploma or equivalent work experience; some college courses in business or finance preferred.
• Five (5) or more years' mortgage industry experience.
• Two (2) or more years of related experience in loss mitigation/negotiation required.
• Knowledge of Microsoft Suite at intermediate level preferred.
• Knowledge of mortgage/real estate terminology required.
• Knowledge of industry and/or company-specific software in sales/collections required.
• Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints.
• Ability to make decisions that have significant impact on the immediate work unit and monitor impact outside the immediate work unit.
• Ability to organize and prioritize own work schedule on short-term basis (longer than one month) and within allotted work schedules.
• Ability to travel up to 30%.
• Strong working knowledge of Microsoft Office Suite (Word, Excel, etc.)

Our Company:

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you'll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtonmortgage.com .

What We Offer:

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you'll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

Notice to all applicants: Carrington does not do interviews or make offers via text or chat.

Carrington is an equal opportunity employer. It is the policy of the company that applicants be considered for positions for which they qualify without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veterans status, physical or mental disability or any other legally protected category. Carrington will make reasonable accommodations for known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the company.