Mortgage Workout & Loss Mitigation Specialist

stbancorp; United States; On-site; USD 22,000 - 46,000; Full time

Job summary

stbancorp is seeking a Loss Mitigation Specialist to help minimize loan losses by working with delinquent borrowers and coordinating hardship options. You will manage the foreclosure process, bankruptcy filings, and court communications, in a role centered on risk reduction and compliant servicing.

The position requires a high school diploma and NMLS licensing, with 2–5 years of related experience and the ability to work with multiple departments to meet deadlines.

Qualifications

• Requires a high school diploma or equivalent basic academic education.
• Needs to obtain NMLS licensing.

Responsibilities

• Assist in loss mitigation for delinquent loans and communicate with borrowers.
• Handle mortgage foreclosure processes, prepare notices, and coordinate with attorneys.
• Review bankruptcy accounts, prepare documentation, and interact with courts.

Skills

Loss mitigation

Foreclosure

Bankruptcy

Credit reports

PACER

Education

High school diploma

NMLS licensing

Tools

PACER system

Job description

stbancorp is seeking a Loss Mitigation Specialist to help minimize loan losses by working with delinquent borrowers and coordinating hardship options. You will manage the foreclosure process, bankruptcy filings, and court communications, in a role centered on risk reduction and compliant servicing.

The position requires a high school diploma and NMLS licensing, with 2–5 years of related experience and the ability to work with multiple departments to meet deadlines.