Loss Mitigation Specialist
Develop and maintain relationships with default servicing representatives Proactive focus on avoiding or minimizing losses resulting from short sales and deed in lieu of foreclosure Gathered and analyzed borrower’s personal financial information, credit report, property evaluation and circumstances related to the default. Maintained a large average volume of 120 workouts a month, providing constant follow up with default servicing representatives Loss avoided on 442 properties removed from lenders’ portfolio resulting in a total loss mitigated of $7.3M. Reduced the estimated claim payouts by 13% compared to the goal of 6% which was the highest in the department.