Servicing Default Prevention Specialist I - Houston Office

AI overview

This entry-level role focuses on educating borrowers on loan resolution options and proactively reviewing loans to determine workout solutions to avoid foreclosure.

Servicing Default Prevention Specialist I is an entry level position in Servicing Default Prevention.  This position will be responsible for handling outbound and inbound calls as necessary to assist borrowers or heirs and explain their options on loan resolution. This includes proactively reviewing loans to determine workout solutions for borrower or heirs in difficult situations.

Primary Job Duties:

  • Handle outbound/inbound calls as necessary to assist borrowers or heirs in default education and explain their options on loan resolution in compliance with FHA or investor requirements.
  • Communicate with borrowers or heirs to assist where needed by engaging the subservicer to ensure the best customer service.
  • Effectively work with subservicer to ensure any escalated borrower situations are resolved.  
  • Educate borrowers or heirs on all workout options to include Repayment Plans, At-Risk Extensions, Short Sale, or Deed-In-Lieu for foreclosure avoidance.
  • Communicates regularly to interrelated departments within the company to successfully serve the customer, both internal and external.
  • Analyze and respond timely to subservicer or investor requests for workout solutions as needed.
  • Communicates any issues with upper management that may put Longbridge or its investors at reputational risk.
  • Skip tracing to locate borrowers, alternative contacts, or heirs.
  • Analyze and respond timely to subservicer on data reconciliation and exception reporting.
  • All work efforts are to be documented in the Bridge Online Servicing Solutions (BOSS) system.

 

 

 

  • Any mortgage experience is preferred but not required
  • Bi-lingual a plus
  • Precise attention to detail
  • Ability to multitask and work well under pressure
  • Excellent communication and customer service skills
  • Skilled in the use of computers and related software applications, specifically Internet Explorer, Microsoft Outlook, Microsoft Excel and Word
  • High level of integrity and trust
  • Must be able to work in the office Monday - Friday start time 7:30am - 
  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is a non-exempt role
  • Target base salary range is 43K- 48K which is based on various factors including skills and work experience.
  • In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

 

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Perks & Benefits Extracted with AI

  • Equity Compensation: 401(k) with company match
  • Health Insurance: Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • Paid Time Off: Paid time off

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward.  In fact, we are now a top 2 reverse mortgage lender.Why work with us?At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee.  We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential.  Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

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Salary
$43,000 – $48,000 per year
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