Hybrid Loss Mitigation Underwriter II: Loan Modifications

M&T Bank Corporation; Northern, New York (KY, NY); Hybrid; USD 47,000 - 78,000; Full time

Job summary

M&T Bank Corporation in Getzville, NY, seeks a Loss Mitigation Underwriter II to review loan modification workups and prepare loans for foreclosure mediation hearings. You will handle investor waterfalls, document review, and settlements with agencies and lenders.

The role requires 2+ years in underwriting or collections, strong communication, and mortgage knowledge. This is a hybrid, full-time position with a competitive compensation package.

Qualifications

• Combined 4 years of higher education and/or experience.
• Minimum 2 years’ collections or underwriting experience.
• Excellent communication and customer service skills.
• Proficiency with word processing and spreadsheet software.
• Knowledge of land title processes.

Responsibilities

• Understand investor waterfalls and required documents for loss mitigation.
• Manage and monitor account portfolio to ensure compliance with policies and guidelines.
• Assess income, expenses, and property value for repayment options.
• Liaise with investors to gain approvals and provide documentation.
• Review workout packages to determine suitable repayment options.
• Prepare workout summaries for management approval.
• Prepare loans for foreclosure mediation hearings.
• Identify solutions to resolve clouded title.

Skills

Phone communication

Customer service

Office software

Title knowledge

Education

Bachelor’s degree

Paralegal certification or experience

Tools

Word processing software

Spreadsheet software

Job description

M&T Bank Corporation in Getzville, NY, seeks a Loss Mitigation Underwriter II to review loan modification workups and prepare loans for foreclosure mediation hearings. You will handle investor waterfalls, document review, and settlements with agencies and lenders.

The role requires 2+ years in underwriting or collections, strong communication, and mortgage knowledge. This is a hybrid, full-time position with a competitive compensation package.