Mortgage Loss Mitigation Specialist in Johnston, Iowa at Iowa Bankers Mortgage Corporation

Role Definition: Responds to customer inquiries and assists in the servicing department by performing the following duties.

Essential Duties and Responsibilities

• I. Responsible for tracking Active Foreclosure loans to include correspondence with Law firms to complete foreclosure processes.
• II. Responsible for tracking past due loans for property preservation needs, reviewing borrower financial packages and analyzing for loss mitigation liquidation options according to investor guidelines. Processes pre-foreclosure sales and deed-in-lieu transactions.
• III. Request and track expense reimbursements from investors for loss mitigation liquidations and foreclosure expenses non-recoverable from borrowers.
• IV. Provides superior customer service, both written and verbal, to homeowners, bankers, and other vendors.
• V. Performs a variety of clerical duties including filing or imaging of documents.
• VI. Other duties as assigned.

Required Education:

High school diploma or general education degree (GED)

Required Work Experience: Two to three years related loss mitigation and mortgage banking experience and/or training; or equivalent combination of education and experience.

Technology Skills:

Proficient in basic computer skills and all Microsoft Office applications.

Required Skills or traits for the position: Accurately and efficiently process transactions. Follow established policies, procedures & guidelines. Demonstrate analytical decision making and problem solving skills.