Short Sale Negotiator

Short Sale Negotiator
Job ID
2016-4017
Job Locations
US-CA-Anaheim
Position Category
Servicing
Company
Carrington Mortgage Services, LLC
Position Type
Regular
More information about this job:
Overview:
FOUNDED IN 2003, Carrington has evolved from a mortgage credit asset manager into a vertically-integrated financial services company that covers virtually every aspect of the single family residential real estate transaction, including investment in U.S. real estate and mortgage markets, loan origination and servicing, asset management and property preservation, real estate sales and rental, and title and escrow services. Carrington has built the infrastructure necessary to maximize value during any market cycle. We are currently hiring a Short Sale Negotiator to join our team in Anaheim, CA!
Consider Carrington Today!
Responsibilities:
The Short Sale Negotiator will negotiate short sale offers and deeds in lieu of foreclosure presented to the company via real estate agents, attorneys, and other third parties. Will recommend best available exit strategy for borrowers while reducing loss severity for the company. Perform all duties in accordance with company policies and procedures and all state and federal regulations.
+ Receive inbound calls transferred to the Home Retention Negotiator phone line to answer borrower, real estate agent, attorney and authorized third party questions regarding short sale and deed in lieu of foreclosure requests.
+ Convey approvals and declines to real estate agents, attorneys, and authorized third parties.
+ Negotiate and formulate counter offer that reduces loss severity and meets or exceeds company-determined property valuation, and present counter offer to real estate agents, attorney, and authorized third parties.
+ Submit negotiated files to senior management for approval.
+ Decline purchase offers with excessive variance between purchase offer price and company-determined property valuation.
+ Compare purchase offer selling price with company-determined property valuation to determine appropriate counter offer.
+ Prepare loss analysis worksheet to determine the loss severity of the purchase offer or deed in lieu of foreclosure submitted.
+ Postpone foreclosure sales when additional time is needed to review and approve short sale and or deed in lieu of foreclosure requests.
+ Perform all other duties as assigned.
Qualifications:
+ High school diploma or equivalent required.
+ Some college courses in business or finance preferred.
+ Two (2) or more years of related experience in loss mitigation/negotiation required.
+ Knowledge of Microsoft Suite at intermediate level preferred.
+ Knowledge of mortgage/real estate terminology required.
+ Knowledge of industry and/or company-specific software in sales/collections required.
WHAT WE OFFER:
? An entrepreneurial environment ? Innovative products unique to the real estate and mortgage industry ? Award winning learning platform ? Superior benefits package
EEO/AAP Employer 3a0e2094ca954fdcb4b097663b7f0103

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