Loss Mitigation/Underwriter Job in Jacksonville Beach, Florida US
Loss Mitigation/Underwriter
Job Description: The Loss Mitigation Underwriter will be responsible to make determinations as to the strength of the mortgagors economic situation to evaluate potential resolutions such as: modification, short payoff, short sale, deed in lieu of foreclosure, and forbearance, as well as, investor specific loss mitigation programs. The ideal candidate would have relevant skills and experience in the mortgage industry with knowledge of general servicing practices, current legislative directives, as well as general knowledge of loss mitigation techniques including all initiatives under the Making Homes Affordable Act (i.e. HAMP, HARP, etc). Essential Job Functions: Review of Borrower loss mitigation packages for completeness and accuracy of documentation Assess Borrower current financial ability by calculating income, assets and debts utilizing client-based underwriting methodologies and investor-specific guidelines Calculate debt to income ratio and verify conformity to client and investor guidelines Render decision based on evaluation of the Borrower loss mitigation package Document loss mitigation decisions in the company systems and Client servicing systems Ability to travel, if required flexibility in hours as some weekends may be included We are an equal employment opportunity employer. We are an equal employment opportunity employer. You can view all of our jobs online at http://www.appleone.com/?sc=11id=665728