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Loss Mitigation Underwriter I - Remote

Posted 28 weeks ago
Finance / Legal
Full Time
USA
$18.57 - $30.95/hour

Overview

This position is responsible for submitting loan modification workups for the entire waterfall of investor workout options.

In Short

  • Responsible for loan modification workups.
  • Eligible for remote work.
  • Communicate with customers, agents, and attorneys.
  • Manage a portfolio of approximately 70 loans.
  • Assess property values and negotiate settlement offers.
  • Review financial documents for loan modifications.
  • Prepare workout summaries for management.
  • Adhere to compliance and operational risk controls.
  • Work hours are Monday to Friday, 8AM-5PM.
  • Requires 3 years of education/experience, including 1 year in collections or underwriting.

Requirements

  • Effective communication skills.
  • Customer service expertise.
  • Proficiency in word processing and spreadsheet software.
  • Bachelor’s degree preferred.
  • Paralegal certification or experience preferred.
  • Mortgage collections experience preferred.
  • Knowledge of M&T systems preferred.

Benefits

  • Competitive pay based on skills and experience.
  • Medical and retirement benefits.
  • Forty hours of paid volunteer time each year.
  • Commitment to community involvement.
  • Support for employee growth and development.

W.R

WT Representative

Wilmington Trust N.A, a part of the M&T Bank corporate family, has a rich history dating back to 1903 when it was founded by T. Coleman du Pont. The company specializes in providing fiduciary management and administration of complex trust relationships for both individual and institutional clients. With a commitment to delivering high-quality service, Wilmington Trust is recognized internationally for its expertise and professionalism. The company values integrity, ownership, collaboration, curiosity, and candor, and is dedicated to fostering a supportive work environment that encourages the growth and development of its employees. Wilmington Trust offers competitive benefits and is committed to equal employment opportunities, ensuring a diverse and inclusive workplace.

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