Short Sale Document Collection And Transaction Coordination
Proficiency in MS office Products of Word, Excel and Outlook and PC skills -Three or more years worth of experience in a variety of markets; mortgage servicing experience within Loss Mitigation, FNMA and Freddie Mac preferred. -Bankruptcy and foreclosure experience required. 1-2 years of experience in processing and negotiating Short Sales Description:
Review and negotiate short sale candidate requests from document collection and listing through lien negotiation and closing.
The primary role of this position is to be the conduit between internally based short sale processors, distressed homeowners, real estate agents, possible subordinate lien holders and the mortgage servicer in a document collection, review and negotiation role.
Candidate must have the prior training and skill set to pre-underwrite financial information along with the experience of working within a default mortgage servicing environment that includes knowledge about short sale guidelines. Responsibilities: -Evaluate and review short sale offers compared to property value, working closely with the valuation department and Real Estate Owned departments to identify issues with list and sales prices. -Recognize potential risk/legal issues that may require detailed and accurate descriptions and justifications in order to receive short sale approvals. -Maintain strong analytical and problem solving abilities. -Negotiation skills. -Work efficiently where priorities and guidelines change constantly. -Occasionally answer incoming telephone inquiries from borrowers, realtors, brokers and attorneys related to any short sale questions and/or accounts. -Take the necessary steps to ensure to resolve short sale discrepancies working with agents and servicers. -Maintain a customer service oriented personality while multi-tasking. -Pre-underwrite financial information to ensure homeowner meets short sale requirements. -Strong PC skills required ? Windows and MS Office environment (Outlook, Word, Excel, Powerpoint), phone system and dialer software, internet based application(s) such as Equator and DepotPoint.