Senior Loss Mitigation Underwriter III - Hybrid

M&T Bank Corporation; New York (NY); Hybrid; USD 35,817 - 59,705; Full time

Job summary

M&T Bank Corporation is seeking a Loss Mitigation Underwriter III to review mortgage loan portfolios, analyze income and repayment ability, and recommend retention or liquidation options. You will prepare loan modifications, review appeals, and support foreclosure mediation as needed.

Responsibilities include liaison work with investors such as Fannie Mae and Freddie Mac, HUD communications, and ensuring compliance with investor guidelines and internal policies.

Qualifications

• Minimum 3 years’ collections or underwriting experience.
• Excellent communication and customer service skills.
• Proficiency with word processing and spreadsheet software.
• Knowledge of land title and investor guidelines (Fannie Mae/Freddie Mac) required.

Responsibilities

• Review mortgage loan accounts to determine retention or liquidation options.
• Submit loan modification workups and review appeal requests.
• Prepare loans for foreclosure mediation hearings and QC files and letters.
• Communicate with investors and HUD to gain approvals and document settlements.
• Calculate foreclosure costs, loss estimations and payoff totals.
• Review workout packages and assess appropriate repayment options per FHA and bank policy.
• Maintain accurate management and audit-ready notes.

Skills

Communication

Customer service

Financial analysis

Underwriting

Mortgage knowledge

Attention to detail

Documentation

Oral communication

Education

Bachelor's degree

Paralegal certification

Tools

BKFS

HMP portal

Job description

M&T Bank Corporation is seeking a Loss Mitigation Underwriter III to review mortgage loan portfolios, analyze income and repayment ability, and recommend retention or liquidation options. You will prepare loan modifications, review appeals, and support foreclosure mediation as needed.

Responsibilities include liaison work with investors such as Fannie Mae and Freddie Mac, HUD communications, and ensuring compliance with investor guidelines and internal policies.