Hybrid Liquidation Negotiator

Carrington Holding Company, LLC; Orange (CA); Hybrid; USD 32,000 - 36,000; Full time

Benefits offered by this job

Comprehensive healthcare plans

Discretionary 401(k) match

Employee discounts portal access

Educational Reimbursement

Community support through Carrington/C

Job summary

Carrington Mortgage Services in California is seeking a Liquidation Negotiator to work on a hybrid schedule. The role negotiates short sale offers and deeds in lieu of foreclosure, coordinating with real estate agents, attorneys, and other third parties to recommend exit strategies that minimize loss while complying with policies and regulations.

Key duties include communicating approvals/declines, presenting counter offers, submitting files for senior management review, and preparing loss

Qualifications

• High school diploma or equivalent required.
• Two or more years of loss mitigation/negotiation experience.
• Knowledge of mortgage/real estate terminology.
• Knowledge of industry software in sales/collections.
• Intermediate Microsoft Office knowledge.

Responsibilities

• Receives inbound calls to answer borrower, real estate agent, attorney and authorized third party questions regarding Liquidation and deed in lieu of foreclosure requests.
• Conveys approvals and declines to real estate agents, attorneys, and authorized third parties.
• Negotiates and formulates counter offers that reduce loss severity and meet or exceed company valuation.
• Submits negotiated files to senior management for approval.
• Declines purchase offers with excessive variance between offer price and valuation.
• Prepares loss analysis worksheet to determine loss severity of the offer or deed in lieu submission.
• Postpones foreclosure sales when additional time is needed to review and approve Liquidation and/or deed in lieu of foreclosure requests.
• Performs other duties as assigned.

Skills

Negotiation

Communication

Decision making

Time management

Mortgage/Real estate terminology

Industry knowledge of sales/collection

Education

High school diploma or equivalent

Some college courses in business or finance

Two (2) or more years of related experience in loss mitigation/negotiation

Tools

Microsoft Office Suite

Job description

Job Description

Come join our amazing team and work a hybrid schedule! The Liquidation Negotiator negotiates short sale offers and deeds in lieu of foreclosure presented to the company via real estate agents, attorneys, and other third parties. Recommends best available exit strategy for borrowers while reducing loss severity for the company. Perform all duties in accordance with company policies and procedures and all state and federal regulations. The Target Pay range for this position is $23.50 - $26.00 + monthly incentive.

Job Description

Come join our amazing team and work a hybrid schedule! The Liquidation Negotiator negotiates short sale offers and deeds in lieu of foreclosure presented to the company via real estate agents, attorneys, and other third parties. Recommends best available exit strategy for borrowers while reducing loss severity for the company. Perform all duties in accordance with company policies and procedures and all state and federal regulations. The Target Pay range for this position is $23.50 - $26.00 + monthly incentive.

What You'll Do

• Receives inbound calls to answer borrower, real estate agent, attorney and authorized third party questions regarding Liquidation and deed in lieu of foreclosure requests.
• Conveys approvals and declines to real estate agents, attorneys, and authorized third parties.
• Negotiates and formulates 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.
• Submits negotiated files to senior management for approval.
• Declines purchase offers with excessive variance between purchase offer price and company-determined property valuation.
• Compares purchase offer selling price with company-determined property valuation to determine appropriate counter offer.
• Prepares loss analysis worksheet to determine the loss severity of the purchase offer or deed in lieu of foreclosure submitted.
• Postpones foreclosure sales when additional time is needed to review and approve Liquidation and/or deed in lieu of foreclosure requests.
• Performs all other duties as assigned.
• 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
• Strong working knowledge of Microsoft Office Suite (Word, Excel, etc.)

What You'll Need

• High school diploma or equivalent required.
• Some college courses in business or finance preferred.
• 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.

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.

https://oag.ca.gov/privacy/ccpa

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