Loss Mitigation Underwriter

Selene Finance LP; Dallas (TX); Presencial; USD 55.000 - 75.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Paid Time Off (PTO)

Medical, Dental & Vision

Employee Assistance Program

Flexible Spending Account

Health Savings Account

Paid Holidays

Company paid Life Insurance

Matching 401(k) Plan

Descripción de la vacante

Selene Finance LP in Dallas, TX is seeking a Loss Mitigation Underwriter to evaluate mortgage loans for loss mitigation solutions, including repayment plans, loan modifications, short sales, and deeds-in-lieu. You will review borrower documentation and apply investor guidelines to move approved solutions toward completion.

The ideal candidate is detail-oriented, able to manage multiple files and deadlines in a fast-paced servicing environment, with strong written and verbal communication skills

Formación

• Experience in mortgage servicing, loss mitigation, underwriting, or related area preferred.
• Strong attention to detail with a high degree of accuracy in reviewing loan information.
• Ability to manage multiple files, priorities, and deadlines in a fast-paced environment.
• Proficiency with MS Office and experience using mortgage loan servicing systems preferred.

Responsabilidades

• Analyze mortgage loans to determine eligibility for loss mitigation options, including repayment plans, loan modifications, short sales, and deeds-in-lieu, in accordance with applicable investor and regulatory guidelines.
• Review borrower loss mitigation packages for completeness and accuracy, identify missing or deficient documentation, and issue requests for additional information as needed.
• Prepare and issue approval, denial, and other required notices in accordance with applicable requirements.
• Ensure compliance with Fair Lending requirements when referring borrowers for potential refinance options.
• Partner with Mortgage Specialists and other servicing teams to obtain required documentation and facilitate timely completion of approved loss mitigation solutions.
• Stay current on applicable loss mitigation programs and investor, GSE, and insurer requirements.
• Maintain accurate and complete documentation within loan servicing systems and internal workflows, including investor approval tracking.
• Complete escrow analyses and pro forma calculations in support of loan modification decisions.
• Meet established productivity, quality, and workout-to-portfolio performance expectations.

Conocimientos

Loss mitigation

Underwriting

Analytical thinking

Attention to detail

Communication skills

Prioritization

Herramientas

Microsoft Office Suite

Mortgage loan servicing systems

Descripción del empleo

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!

The Loss Mitigation Underwriter is responsible for evaluating mortgage loans for appropriate loss mitigation solutions, including repayment plans, loan modifications, short sales, and deeds-in-lieu. This role reviews borrower financial documentation, applies investor and regulatory guidelines, prepares required notices, and works closely with servicing partners to move approved solutions through completion. The ideal candidate is detail-oriented, comfortable working within established guidelines, and able to manage multiple files and deadlines in a fast-paced servicing environment.

Key Responsibilities

• Analyze mortgage loans to determine eligibility for loss mitigation options, including repayment plans, loan modifications, short sales, and deeds-in-lieu, in accordance with applicable investor and regulatory guidelines.
• Review borrower loss mitigation packages for completeness and accuracy, identify missing or deficient documentation, and issue requests for additional information as needed.
• Prepare and issue approval, denial, and other required notices in accordance with applicable requirements.
• Ensure compliance with Fair Lending requirements when referring borrowers for potential refinance options.
• Partner with Mortgage Specialists and other servicing teams to obtain required documentation and facilitate timely completion of approved loss mitigation solutions.
• Stay current on applicable loss mitigation programs and investor, GSE, and insurer requirements.
• Maintain accurate and complete documentation within loan servicing systems and internal workflows, including investor approval tracking.
• Complete escrow analyses and pro forma calculations in support of loan modification decisions.
• Meet established productivity, quality, and workout-to-portfolio performance expectations.

Qualifications

• Experience in mortgage servicing, loss mitigation, underwriting, or a related area preferred.
• Working knowledge of loss mitigation programs, mortgage servicing requirements, and investor guidelines preferred.
• Strong attention to detail with a high degree of accuracy in reviewing and documenting loan information.
• Ability to manage multiple files, priorities, and deadlines in a fast-paced environment.
• Strong written and verbal communication skills.
• Sound judgment, analytical thinking, and decision-making skills.
• Strong customer service orientation and professionalism.
• Ability to work effectively both independently and as part of a collaborative team.
• Proficiency with Microsoft Office and experience using mortgage loan servicing systems preferred.

Why Selene? Benefits Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:

• Paid Time Off (PTO)
• Medical, Dental & Vision
• Employee Assistance Program
• Flexible Spending Account
• Health Savings Account
• Paid Holidays
• Company paid Life Insurance
• Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.

Privacy Policy - Selene (seleneadvantage.com) Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!