Workout Specialist Job in Brea, California US
Workout Specialist
Description Analyzes and determines best course of action on delinquent or potentially delinquent mortgage loans. Assists existing borrowers who may be experiencing difficulty meeting their monthly financial obligations by skillfully probing and evaluating borrowers for various workout programs, including loan modifications. This position requires the ability to apply credit skills and sound judgment, focusing on key areas of the borrower's ability, stability and willingness to repay their loan. May require a strong understanding of and the ability to educate borrowers on the efforts and outcomes of government modification programs. Handles routine levels of transactions with oversight by senior staff and managers to complete daily tasks. Typically will have more than 2-4 years experience with a working knowledge of the mortgage business and general office skills. Qualifications Required Skills: -High School diploma, GED or equivalent. -PC skills including (but not limited to) MS Word, MS Excel, and Internet -Must be able to attend to detail in order to make comparisons based on desired outcomes and guidelines -Must demonstrate entry level multi-tasking skills to handle various task/responsibilities and alternate between different work processes -Must display entry level decision making ability -Must demonstrate entry level time management skills -Must have good verbal and written communication skills -Must display entry level problem solving skills -Must display entry level organizational skills -Must be able to read and interpret numbers and letters correctly -Must be able to comprehend and follow instructions and guidelines Desired Skills: -Management of Deadline-Sensitive Assignments -Time Management -Some Secondary Leval Education or College Degree Preferred -3 years of foreclosure experience desired