Loss Mitigation Specialist
Location: McLean, VA
•Responsible for examining servicers’ execution of Freddie Mac loss mitigation programs and compliance with default servicing guidelines.
•Responsible for reviewing loan servicing history records and other documents to determine services' compliance with HAMP, standard modification, standard short sale, forbearance, collections and foreclosure guidelines.
•Responsible for applying written instruction, training materials and policy-related direction to loan file reviews associated with Freddie Mac-approved servicers.
•Responsible for reviewing servicer loan file images in a document management system (Blitzdocs) and documenting quality review results.
•Responsible for recording complete detailed and accurate review results.
•Works independently and under limited direction.
- Prior experience servicing GSE portfolios preferred (loss mitigation)
- Knowledge of bankruptcy, foreclosure, loan retention and liquidation options
- Must have good written communication skills
7 - 10 Years