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Selene

Mortgage loan servicing and loss mitigation

Loss Mitigation Specialist

Retail & Commercial BankingPosted on Nov 12
Full-timeDallas, TX, USANo salary listedIn-person

About the Job

Requirements

  • A high school diploma or GED is required.
  • Two to four years of related experience in mortgage servicing or loss mitigation is required.

Responsibilities

  • Manage a portfolio of delinquent loans that are 30 or more and 90 or more days delinquent, and contact customers weekly.
  • Serve as the single point of contact for assigned accounts, including high-risk and specialty cases.
  • Conduct inbound and outbound calls with customers, attorneys, realtors, and authorized parties.
  • Analyze financial information to determine eligibility for loss mitigation options.
  • Recommend and process workout solutions, including loan modifications, forbearance, repayment plans, short sales, deeds in lieu, and cash-for-keys.
  • Perform light skip-tracing and review title searches to ensure lien integrity.
  • Maintain compliance with investor, legal, and company guidelines.
  • Meet monthly performance goals and workout-to-portfolio ratio targets.
  • Update and manage daily reports and account statuses.
  • Follow other job-related instructions and perform other job-related duties assigned by an authorized person.

Desired Qualifications

  • An Associate’s degree is preferred.
  • GSE experience with FHLMC or FNMA is strongly preferred.

About the Company

Selene

Mortgage loan servicing and loss mitigation

Selene provides mortgage loan servicing and resolution for residential loan portfolios, handling performing, re-performing, and high-touch distressed non-performing loans. It is an approved servicer for FHLMC, FNMA, GNMA, VA, and USDA, and is one of only two GNMA single-family master servicers and approved sub-servicers. The service uses loss-mitigation strategies guided by proprietary technology and personalized client management to service loans across all categories. Its goal is to help clients efficiently service and resolve portfolios at scale while reducing losses, serving banks, investors, REITs, private equity firms, hedge funds, GSEs, and government agencies from offices in Jacksonville, FL; Dallas, TX; and Salt Lake City, UT.

Company size
501-1,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Houston, TX
Founded
2004

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