The Loss Mitigation Coordinator I plays an important role in the organization by performing a number of administrative tasks directly related to the company's Loss Mitigation functions. The role is primarily responsible, under close to general supervision, for reviewing repayment plans and conducting qualification analysis for formal repayment plan agreements. The Loss Mitigation Coordinator I supports the more experienced staff in various duties including quality control of western union quick ... more details
Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.
Position Summary
The Loss Mitigation Coordinator I plays an important role in the organization by performing a number of administrative tasks directly related to the company’s Loss Mitigation functions. The role is primarily responsible, under close to general supervision, for reviewing repayment plans and conducting qualification analysis for formal repayment plan agreements. The Loss Mitigation Coordinator I supports the more experienced staff in various duties including quality control of western union quick collect payments.
Essential Functions
Review applicant pipeline for repayment plan options, collect supporting income and expense documentation, conduct income/expense analysis using financial web tools, and draft, ship, and track receipt of signed plans and any required contribution funds.
Collect necessary documents to determine eligibility for repayment plans, including frequent right party contact and follow- through.
Draft the repayment agreement and follow-up for any required contribution funds and signatures.
Place appropriate holds on accounts to ensure no further collection or foreclosure activity takes place until either the payment plan completes in entirety, or the borrower defaults on the agreement.
Send applicable decline letters if the borrower does not qualify for repayment plan options.
Support Coordinator III in various duties including quality control of Western Union quick collect payments.
Review account statuses and documentation as it relates to promise-to-pay or imminent foreclosure sale dates.
Assist with the 90-day delinquent loan reporting, ensuring foreclosure referrals have had all the necessary correspondence sent in accordance with State specific regulations.
Act as a back-up to the front desk and assist with monthly bulk mailings.
Assist with monthly Mortgage Insurance reporting.
Respond to customer inquiries.
Perform other duties as assigned.
Qualifications
High school diploma, or equivalent preferred, along with at least one year experience providing general administrative support in a back office financial services environment, preferably in mortgage loan processing
Highly organized and detail oriented; ability to work in a fast-paced, deadline-driven environment required
Proficient with data entry, Microsoft Word, Excel and Outlook
Perform basic internet searches
10-key by touch preferred
Prior experience using document retention software; Blitzdoc preferred
Supervision
Close to general supervision of work, depending on experience
Low level of independent judgment and discretion used in decision-making, escalates more complex issues for advice and resolution
Executes standard core job responsibilities with only minor variation
Travel: 0%
Requirements
Physical: Work is primarily sedentary; occasionally walks and/or stands.
Manual Dexterity: Frequent use of computer keyboard and mouse.
Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
Environmental: Office environment – no substantial exposure to adverse environmental conditions.
Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.
Guild Mortgage Company is an Equal Opportunity Employer.
Targeted Salary Range: $16.85/hr to $20.87/hr
Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant’s geographical location.
Job Abstracts is an independent Job Search Engine. Job Abstracts is not an agent or representative and is not endorsed, sponsored or affiliated with any employer. Job Abstracts uses proprietary technology to keep the availability and accuracy of its job listings and their details. All trademarks, service marks, logos, domain names, and job descriptions are the property of their respective holder. Job Abstracts does not have its members apply for a job on the jobabstracts.com website. Additionally, Job Abstracts may provide a list of third-party job listings that may not be affiliated with any employer. Please make sure you understand and agree to the website's Terms & Conditions and Privacy Policies you are applying on as they may differ from ours and are not in our control.
We would like to take a second to Welcome You to Job Abstracts, the nation’s largest Pure Job Board. With over 3.1 million job listings from 15,000+ Companies & Organizations, we help job searchers find careers that match their interests. As an anonymous user, you have probably discovered how easy our system is to use. However, you have just scratched the surface of what we can offer.
We encourage you to Register so you can use our most powerful features: searching with multiple terms, setting up multiple locations, establishing favorite companies, and accessing your search history. If you find a job you like, you can apply directly for it, and then, keep notes on it. We will also keep a lookout for jobs that match your search terms and email you when we find something you may like.
You can register for free and the system is free to use. If you like our system so far, click on Register and unlock the power required by serious job searchers.
Any time you conduct a search, the system shows you job matches, ranked by their Relevance Score (RS).
The score is calculated by a proprietary algorithm that uses Intelligent Machine Learning.
The Relevance Score tells you how well the job opportunity matches your search term or terms.
When not logged in, the system is limited to one search term. Scores for single term matches are usually lower.
When you register, log in, and set up multiple terms prioritized by importance, the jobs found for you will receive a much higher Relevance Score.
