Mortgage Loss Mitigation Specialist

Full Time
Tupelo, MS
Posted
Job description

There are many things to consider when deciding on your next employer. Do you want a job where you earn a paycheck? Or do you want a CAREER with a company that values their employees as well as the communities that they are in? At Cadence Bank we are more than just a work place. We are a company that prides itself on values and the people that we employ. Start your search for a career with our company!

Primary Purpose: Foreclosure prevention for mortgagor’s and to mitigate the loss to insured investors.


Principal Duties and Responsibilities:
  • Solicit delinquent and problem loans for loss mitigation.
  • Conduct phone and face to face interviews with borrowers for loss mitigation processes.
  • Send and process incoming borrower response packets.
  • Counsel borrowers about various loan programs and help them to select the program that best
fits their financial goals and needs.
  • Assist the loss mitigation staff in gathering necessary documents from the borrower.
  • Work closely with staff from Fannie Mae, FHA, VA, USDA and all other agencies as required.
  • Provide and maintain a professional business like atmosphere within the organization and
represent the financial institution to the investors and government agencies

Job Specifications:
  • Have a good understanding of loss mitigation
  • Work well under stress and able to meet deadlines
  • Must be able to work independently under pressure
  • Must be detailed oriented and able to follow set guidelines
  • Excellent written and verbal communications skills
  • Understanding of excel spreadsheets, word and basic computer skills

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.

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