Liquidation Manager

Carrington Holding Company, LLC; Orange (CA); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Employee discounts

Training programs

Referral bonuses

Educational reimbursement

Job summary

Carrington Mortgage Services, part of The Carrington Companies, seeks a Liquidation Manager to lead a team handling short sale and deed in lieu transactions. The role combines negotiation with loss mitigation strategies and requires mortgage industry experience, strong MS Office skills, and the ability to travel up to 30%.

The position offers a hybrid schedule and comprehensive benefits as part of a growing real estate servicing organization.

Qualifications

• Minimum education: high school diploma or equivalent; some college in business/finance preferred.
• 5+ years mortgage industry experience.
• 2+ years loss mitigation/negotiation experience.
• Proficient with Microsoft Office Suite; mortgage/real estate terminology knowledge.

Responsibilities

• Lead a team handling inbound/outbound calls from borrowers, agents, attorneys and third parties on short sale and deed in lieu requests.
• Analyze Short Sale and REO transactions to ensure investor approval and compliance.
• Negotiate and present counter offers to agents/attorneys/third parties.
• Submit negotiated files for senior management/investor approval.
• Manage foreclosures postponements and coordinate mediation/settlement appearances; some travel.
• Prepare monthly department reports for Senior Management.

Skills

Mortgage industry experience

Loss mitigation

Negotiation

Mortgage terminology

Microsoft Office

Travel up to 30%

Education

High school diploma or equivalent

Tools

Microsoft Office

Job description

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.

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

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