Loss Mitigation Team Lead

newrez

Houston (TX)

On-site

USD 85,000 - 110,000

Full time

4 days ago
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Benefits offered by this job

Medical, dental, and vision insurance
Health Savings Account with employer‑a
401(k) Retirement plan with employer  
Paid Maternity Leave/Parental Bonding/
Adoption Assistance
Tuition & Certification reimbursement
Employee Mortgage Loan Program
Emergency and Disaster Fund
Volunteer Time Off (1 day)
Matching Gifts up to $1,000
Grants and volunteer opportunities

Job summary

Newrez seeks a Loss Mitigation Supervisor in Houston to lead a team of specialists, guiding management and staff to minimize losses on delinquent mortgages. You will review financial documents and reports to approve appropriate customer resolutions, track performance, and train new staff while ensuring policy compliance.

The role requires strong leadership, analytical skills, and mortgage servicing knowledge, with an emphasis on process improvement and cost control.

Qualifications

  • 6+ years in Loss Mitigation.
  • 2-4 years supervisory experience.
  • Proficient in Word and Excel; knowledge of mortgage processes.

Responsibilities

  • Provide leadership for management and staff and mentor team to improve processes.
  • Oversee analysis of financial statements, tax returns, credit and title reports to determine customer resolutions.
  • Track and report employee performance and provide monthly feedback.
  • Oversee training of new employees and maintain training materials.
  • Ensure compliance with policies and approve Loss Mitigation workouts.
  • Manage day-to-day tasks and expenses; optimize staffing and costs.

Skills

Leadership
Staff coaching
Negotiation
Analytical thinking
Time management
Independent work

Education

High school diploma or equivalent
Bachelor's degree (preferred)

Tools

Microsoft Word
Microsoft Excel

Job description

Newrez seeks a Loss Mitigation Supervisor in Houston to lead a team of specialists, guiding management and staff to minimize losses on delinquent mortgages. You will review financial documents and reports to approve appropriate customer resolutions, track performance, and train new staff while ensuring policy compliance.

The role requires strong leadership, analytical skills, and mortgage servicing knowledge, with an emphasis on process improvement and cost control.

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