What are the responsibilities and job description for the Mortgage Loss Mitigation Specialist position at Cadence Bank?
What The Role Is
Foreclosure prevention for mortgagor’s and to mitigate the loss to insured investors. This position is an on-site position.
How You Will Make An Impact
The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.
Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
Qualifications
Education
Required
High School or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Foreclosure prevention for mortgagor’s and to mitigate the loss to insured investors. This position is an on-site position.
How You Will Make An Impact
- Solicit delinquent and problem loans for loss mitigation.
- Conduct phone and face to face interviews with borrowers for loss mitigation processes.
- Send and process incoming borrower response packets.
- Counsel borrowers about various loan programs and help them to select the program that best fits their financial goals and needs.
- Assist the loss mitigation staff in gathering necessary documents from the borrower.
- Work closely with staff from Fannie Mae, FHA, VA, USDA and all other agencies as required.
- Provide and maintain a professional business like atmosphere within the organization and represent the financial institution to the investors and government agencies
- Have a good understanding of loss mitigation
- Work well under stress and able to meet deadlines
- Must be able to work independently under pressure
- Must be detailed oriented and able to follow set guidelines
- Excellent written and verbal communications skills
- Understanding of excel spreadsheets, word and basic computer skills
- Regular and reliable attendance
- Works cooperatively with others
The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.
Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
Qualifications
Education
Required
High School or better
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
