Loss Mitigagtion Specialist
• Proactively managed non-performing loans throughout the U.S.• Safeguarded loans that are in bankruptcy; coordinated any required legal action• Orchestrated the processing, underwriting, approval and review of loans in foreclosure • Successfully applied appropriate loss mitigation alternatives such as repayment plans, loan modifications, short sales, partial claims and deeds-in-lieu of foreclosure to encourage a performing status• Accomplished accurate claims filing with mortgage insurance companies, including Freddie Mac, Fannie Mae, VA, WHEDA and HUD. Settled $2 million in claims during a one-year period (a Bank record).• Achieved a 20% increase in the timely and accurate processing of Trustee payments• Negotiated terms and conditions of rate reductions in times of falling rates to reduce turnover.