New Search


Loss Mitigation GSE Underwriter

City: Ewing
State/Territory: US-NJ

Description

Who is Cenlar?

 

You are.

 

Employee-owners have made Cenlar one of the nation’s largest mortgage subservicers. We have achieved success by empowering people with company ownership, real programs that provide avenues for advancement, and a great atmosphere that makes everyone look forward to the workday. Get your share of our success by considering the opportunity to join our team as a Loss Mitigation GSE Underwriter.

 

Responsibilities:

  • Determine best possible loan workout solution; make a recommendation in conjunction with investor, insurer and client guidelines.

  • Obtain and submit required documentation to/from investors, insurers and clients for review for appropriate workout.

  • Work with internal areas, external third party vendors and borrowers, through both written and verbal negotiations, in an attempt to mitigate foreclosure and REO avoidance/losses.

  • Review and analyze borrowers’ financial documents, i.e. financial statements, hardship letter, tax returns, bank statements, pay stubs, profit and loss statement and credit bureau reports.

  • Input documentation on system (notes/steps), generate letters/tasks, and add documents to imaging system to substantiate recommendation.

  • Notify foreclosure attorney regarding status of loss mitigation activity.

  • Create and update detailed managerial reports pertinent to the workout function and/or progress of the loans on a daily, weekly or monthly basis.

  • Maintain extensive knowledge of investor, insurer and client guidelines and timeframes required for processing a loan workout.

  • Other duties and projects as assigned.

     

Qualifications:

  • High school education

  • 3 - 5 years’ experience in a default environment

  • Extensive knowledge ofinvestor, insurer and client loan workout guidelines and functional knowledge of residential mortgage documents

  • Ability to utilize standard business related software including, but not limited to, Microsoft Office, Word and Excel

  • Mortgage Servicing Platform (MSP) system knowledge a plus

  • Ability to use and/or learn industry related software specific to company and the department

  • Excellent verbal and written communication skills

  • Ability to work with minimal supervision

  • Highly self-motivated and organized with ability to meet strict deadlines

     

Total Rewards:

Cenlar FSB offers outstanding benefits which may include paid medical/dental/life insurance, 401k, employee ownership, tuition assistance, a supportive work environment, and genuine opportunities for advancement. Cenlar is a Drug Free Workplace and an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO .

 

Visit www.cenlar.com for more details.

 

Please apply online .





Are you a returning applicant?

Previous Applicants:

If you do not remember your password click here.

Back to Search Results


Powered By Taleo