Mortgage Loss Mitigation Strategist

Presidential-Bank,-Fsb; Bethesda (MD); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Competitive benefits package

Job summary

Presidential Bank, FSB in Bethesda, MD is seeking a Loss Mitigation Specialist to maintain accurate data in our loan servicing system for mortgage, consumer, and commercial loans. You will perform collections calls, review complex loan documents, and manage loss mitigation activities in compliance with federal guidelines.

You will generate and review monthly reports for Senior Management, oversee bankruptcy processes, and coordinate with internal teams on payment inquiries, risk rating updates,

Qualifications

• Effective verbal and written communication skills, both internal and external.
• Strong organizational, planning, and time management abilities.
• Analytical mindset with problem-solving capabilities.
• Ability to interpret and apply data to mortgage, consumer, and commercial guidelines.
• Leadership skills for interaction with senior management and external executives.

Responsibilities

• Review delinquent loans for collections and loss mitigation actions.
• Maintain monthly and quarterly reports for Senior Management.
• Handle bankruptcy items per Federal guidelines.
• Direct loans through foreclosure processes per laws and investor guidelines.
• Prepare and review reporting to FHA, Freddie Mac, VA, Fannie Mae as needed.

Skills

Verbal & written communication

Organizational skills

Time management

Analytical thinking

Problem solving

Leadership

Banking operations knowledge

Accounting basics

Computer proficiency

Job description

Presidential Bank, FSB in Bethesda, MD is seeking a Loss Mitigation Specialist to maintain accurate data in our loan servicing system for mortgage, consumer, and commercial loans. You will perform collections calls, review complex loan documents, and manage loss mitigation activities in compliance with federal guidelines.

You will generate and review monthly reports for Senior Management, oversee bankruptcy processes, and coordinate with internal teams on payment inquiries, risk rating updates,