Mortgage Loss Mitigation Specialist

Opportunitybank; Helena (MT); On-site; USD 52,000 - 60,000; Full time

Job summary

Opportunitybank seeks a diligent collections specialist in the United States to manage contact with borrowers, follow up on delinquent loans, and coordinate workflows for loss mitigation and foreclosure processes.

You will gather documentation, liaise with counsel and third parties, monitor reports, and ensure compliance with Fair Debt Collections Practices Act and relevant regulations while maintaining meticulous records.

Responsibilities

• Contact borrowers regarding delinquent loans and collections activities.
• Coordinate with internal departments and third parties for loss mitigation, workouts, and foreclosure actions.
• Gather documentation for government and internal loan modification and repayment plans.
• Monitor borrower progress on trial modifications and ensure timely follow-ups.

Job description

Opportunitybank seeks a diligent collections specialist in the United States to manage contact with borrowers, follow up on delinquent loans, and coordinate workflows for loss mitigation and foreclosure processes.

You will gather documentation, liaise with counsel and third parties, monitor reports, and ensure compliance with Fair Debt Collections Practices Act and relevant regulations while maintaining meticulous records.