Hybrid Liquidation Negotiator

Carrington; Plano (TX); Hybrid; USD 32,000 - 36,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Job summary

Carrington Mortgage Services is seeking a Hybrid Liquidation Negotiator to negotiate short sale offers and deeds in lieu of foreclosure, guiding borrowers and third parties to favorable exit strategies while limiting loss severity. You will review offers, craft counter offers, and coordinate with senior management for approvals.

The role requires knowledge of mortgage terms, 2+ years in loss mitigation/negotiation, and strong MS Office skills.

Qualifications

• 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 mortgage/real estate terminology required.
• Knowledge of industry and/or company-specific software in sales/collections required.

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 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.)

Skills

Negotiation

Loss mitigation

Microsoft Office

Real estate terminology

Education

High school diploma

Some college courses

Tools

Microsoft Office Suite

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.

• Compars 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.

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.