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Loss Mitigation Specialist
Ref No.: 18-07772
Location: Chantilly, Virginia
Position Type:Contract
Start Date: 08/27/2018
Position: Loss Mitigation Specialist
Location: Carrollton, TX 75010
Duration: 04+ Months Contract
Job Id: 0000117980

•Examine servicers' execution of Freddie Mac loss mitigation programs and compliance with default servicing guidelines.
•Review loan servicing history records and other documents to determine services' compliance with modification, standard short sale, forbearance, collections, property preservation, and foreclosure guidelines.
•Apply written instruction, training materials and policy-related direction to loan file reviews associated with Freddie Mac-approved servicers.
•Identify underwriting document defects as well as completing re-performance tests of settled workouts.
•Work independently to review and document detailed and accurate review results.
•Expected to meet review guidelines and complete on average 8-10 loan file reviews per day.
•Knowledge and expertise in mortgage default servicing (collections, foreclosure, bankruptcy, loss mitigation program and underwriting guidelines).