loss mitigation specialist.

We are seeking a detail-oriented Loss Mitigation Specialist to join our team. This role is responsible for mitigating financial losses by ensuring accuracy and compliance with mortgage insurance policies, regulatory guidelines, and internal controls. The specialist will review and process workout files, make mortgage insurer decisions, and manage customer service interactions effectively.

salary: $33 - $36 per hour
shift: First
work hours: 8 AM - 4 PM
education: Bachelors

Responsibilities

• Conduct loan level reviews to ensure Mortgage Servicer compliance with Enact servicing requirements.
• Handle multiple loan workout products on mortgage-insured loans as governed by departmental, legal and investor guidelines.
• Minimizes company loss from foreclosure using both retention and liquidation loss mitigation options
• Accurately underwrites the borrower financial information to determine eligibility under applicable guidelines.
• Addresses any Mortgage Servicer questions or issues. Handles escalated files appropriately by providing an articulate and complete response
• Develops a good understanding of the loss mitigation departments’ policies and procedures
• Develops a good understanding and working knowledge of various computer-based programs and common business software
• Provide department phone coverage and escalates calls to the appropriate Enact team members as may be applicable
• Executes recovery processes. Reviews and prepares all accounts and prepares monthly report.
• Maintain relationships with and provide appropriate recovery documents to third party collection vendors per Service Level Agreement (SLA).
• Administration of custom cost reduction processes.
• Conduct Servicer performance touch points and follow up
• Performs other duties, and projects as assigned




Skills

Risk - Mitigation

Qualifications

Years of experience: 3 years

Experience level: Experienced

Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).

This posting is open for thirty (30) days.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.