Loss Mitigation Analyst Resume Samples

A Loss Mitigation Analyst provides support to mortgage holders who are involved in risk foreclosure tasks. Typical duties listed on the Loss Mitigation Analyst Resume are managing loss mitigation documents, evaluating foreclosed loans, assessing borrower financial situations, and assessing borrower financial situations. Other core duties include – supporting and assisting the mortgage holders who risk foreclosure; managing loss mitigation documents, updating customers and vendors through websites, handling all court proceedings, and legal actions, and adhering to stipulated guidelines to prevent foreclosure.

The nature of the job demands the following skills from incumbents – knowledge of financial products, negotiation skills, attention to detail, solid knowledge of real estate and finance laws, background in loss mitigation, and loss mitigation expertise. A bachelor’s degree in finance or economics is common among successful candidates.

Loss Mitigation Analyst Resume example

Loss Mitigation Analyst Resume

Objective : Seeking an opportunity to utilize my experience to become a team player in your industry and help achieve your goal.

Skills : Administrative, Management.

Description :

    1. Started working with KYHC (Keep Your Home California).
    2. Funded program to help home owner avoid foreclosure.
    3. Designed to help home owners with principal reduction, unemployment assistance and mortgage reinstatement program by funding money toward the mortgage payments based on the hardship.
    4. Worked with the home owner to go through the KYHC for assistance and well as CALHFA modification program.
    5. Assisted home owner with both program as the co aside with each other.
    6. Implemented program, followed guidelines until we were ready to accept file.
    7. Pulled file from E-fax forward file to admin to set up file.
    8. Reviewed new files for loan modification program for CALHFA.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
High School Diploma


Loss Mitigation Analyst Resume

Summary : Loss Mitigation Analyst is responsible for building, maintaining, and enhancing the confidence and trust of our clients in the reliability of their own systems. This includes building and maintaining a good working relationship with the IT/ITIL team, monitoring for issues and problems that might impact our clients’ operations.

Skills : Microsoft Office, Excel, Word, Powerpoint.

Description :

    1. Analyzed and made decisions on clients claim or request, to determine Citi Mortgage and its stakeholder responsibility relative to its validity.
    2. Enable competency in portfolio requirements and yield efficient balance in process compliance.
    3. Assisted qualifying customers meet standard guidelines or criteria requirements of the (HAMP) home affordable modification program.
    4. Confirmed assigned portfolio and outstanding exceptions in Share point, whilst driving projects to completion within prescribed timeframes.
    5. Verified and analyzed portfolio requirements and assess its compliance to modification guidelines and documentation, through varied systems like File net, DRI, and ISSYS (Citilink).
    6. Advised the appropriate departments on necessary expectations on pre-qualified portfolio for modification fulfillments.
    7. Validated all project requirements in compliance with internal matters of corporate audit and investor requirements, and also book files on guidelines regarding investor systems.
    8. Negotiated and resolution of mortgages in default to avoid foreclosure as well as to insure alignment with business strategies and objectives.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Systems Management


Loss Mitigation Analyst Resume

Objective : An organized strategic thinker that technologically savvy, motivated by results, with analytic knowledge; seeking to secure a position with a reputable, innovative, and growth oriented company that values customer driven, self-starters, and effective information seekers.

Skills : Demonstrated Knowledge Of Financial And Real Estate.

Description :

    1. Worked with clients in resolving Loss Mitigation issues, in compliance with investor guidelines.
    2. Ensured customer service level meets and/or exceeds clients expectations at all times.
    3. Considered unique situations and financials documents to determine client hardship qualifications.
    4. Formulated a course of action that mitigates potential loss, which may include but not limited to loan extension, loan modification or defensive refinance; review recommendation with manager.
    5. Performed outcalls on delinquent customer to discuss account with customer to alleviate delinquency and assess the condition of the property.
    6. Resolved and followed up with inquiries from borrowers, agents, regulatory authorities, attorney, and other third parties.
    7. Spoken with client and explain the foreclosure proceedings and the difference/benefits of all workout options offered by Sun Trust.
    8. Collected all the require documents and review that all documents are corrected signed and dated.
    9. Accepted Payments through Speed Pay.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Business Administration

Loss Mitigation Analyst Resume

Summary : Seeking an opportunity to strengthen and enhance a successful business core goals and objectives by aligning myself with their primary strategy and operations.

Skills : Administrative Assistant, System Testing, User Interface.

Description :

    1. Reviewed the GL and tie to the AR aging to ensure accuracy and completeness.
    2. Made sure that the current bankruptcy case accounts comply with established industry laws Variance analysis.
    3. Ensured full compliance with loan bankruptcy regulations.
    4. Responsible for the documentation and filing of loan bankruptcy materials with the appropriate attorneys Communicated with various departments to provide backup and substantiate findings.
    5. Performed daily validation of Assignments of Mortgage/Deed of Trust prepared by third party vendor Core Logic Randomly selects a minimum of 25 assignments to audit per signer.
    6. Made a decision if the assignment is a pass or fail SR.
    7. Analyzed client needs to improve relationships and increase customer standings Work together with Supervisor to initiate and lead project personnel and processes.
    8. Trained and monitored new hire.
    9. Managing up to 25 teams.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Bachelors Of Science

Loss Mitigation Analyst Resume

Objective : Would like to find a career worth holding onto ensuring long term success with growth opportunities using the vast experience have already obtained to this point in my life.

Skills : Microsoft Outlook, As400.

Description :

    1. Followed Banks initiative when underwriting all Loss Mitigation loans, requesting documentation needed for review of the loan, review of client personal financial portfolio, underwriting accounts on a need based approach.
    2. Managed portfolio of loans and, within two months of becoming an active member of my team have become a top producer managing to complete and manage my pipeline just as effectively as the seasoned team members.
    3. Experienced in a call center environment, effectively work multiple ACD line and personal lines simultaneously to insure excellent customer service and minimal dropped calls.
    4. Surpassed the required inbound/outbound call quota monthly.
    5. Able to analyze credit reports, with a strong understanding of lender/borrower information, while recognizing key indicators and understanding the importance of reducing risk to decisions.
    6. Cleared understanding of when to make corrections to credit reports and how.
    7. Cleared understanding of documentation needs and review of existing documentation.
    8. Advanced understanding of Real Estate collateral requirements and the reasoning behind the need to modify, release, or obtain new collateral documentation.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
Business

Loss Mitigation Analyst Resume

Headline : To obtain a position with a full range of responsibilities including developing a well-trained staff in a professional environment. Facilitate training in customer service excellence and utilizing years of experience in management.

Skills : SalesForce, COSMOS, ORACLE.

Description :

    1. Analyzed mortgage file, evaluated borrowers financials, manually calculated rate of pay, reviewed bank statements, tax returns and perform loan decisioning by Fannie Mae, Freddie Mac, Investor and Industry guidelines keeping in compliance with all company policy and procedures.
    2. Determined the value of each property by means of property reports, BPO and appraisals.
    3. Reviewed credit report to determine customer credit worthiness, gather pertinent information to make a sound financial decision.
    4. Provided excellent customer relations with customers, attorneys, appraisers, investors, field representatives.
    5. Accurately entered data keeping information current for investor and management reporting.
    6. Maintained and updated several reports for management such as tracking report, status reports, and projections.
    7. Reviewed loan for compliance with the GFE and HUD-1 requirements of RESPA, ECOA, SAFE Act and TIL.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Consultant
Education
Education
Associates In Management

Loss Mitigation Analyst Resume

Summary : Loss Mitigation Analyst with extensive experience in project management (PMP certified), change management (Prosci certified), business analysis, and strategic planning within the public and private sectors.

Skills : Effective verbal and written communication and Able to work efficiently as an individual and in a team setting.

Description :

    1. Administered and analyzed risk management and loss prevention programs to control and reduce losses.
    2. Analyzed financial documentation to determine most effective Loss Mitigation Alternative including repayment plans, forbearance plans, loan modifications, short sales, deed-in lieu of foreclosure and FHA/HUD partial claims.
    3. Generated profit and loss statements.
    4. Prepared documentation to submit qualifying cases to appropriate Investor/Insurer.
    5. Filed and monitored mortgage insurance and investor reimbursement claims for corporate advances.
    6. Identified and referred fraudulent and suspicious accounts to the Quality Assurance Department.
    7. Monitored the repayment plans and loan modification agreements.
    8. Supported change management effort to transfer operations out-of-state as part of company acquisition.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Information Technology

Loss Mitigation Analyst Resume

Summary : Seasoned professional, self-starter with proficiencies in reading, analyzing and interpreting mortgage documents such as technical journals, financial reports, legal documents, policies and procedures. Make sound judgment while underwriting loans and providing credit decisions; calculate financial figures and convey outcomes.

Skills : Contract Research, Microsoft Office, Fluent In Spanish.

Description :

    1. Provided servicing support borrowers including advanced or specialized loan processing; ensure timely completion and compliance with established internal standards and external regulations.
    2. Responded to customer and department inquiries and prepare necessary documents and reports in support of loan servicing, payments, and default processing.
    3. Maintained complete and accurate record of transactions in accordance with department and company policies and procedures.
    4. Reconciled and verified accuracy, research and resolve discrepancies.
    5. Submitted reports and make financial adjustments to accounts.
    6. Investigated and processed non-occupancy defaults.
    7. Monitored payments for taxes and mortgage insurance on active loans; and verify annual occupancy certifications.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
High School Diploma

Loss Mitigation Analyst Resume

Objective : Loss Mitigation Analyst is responsible for the analysis and mitigation of the effects of a disaster on the business. The analyst will maintain, update, and apply knowledge of current FEMA regulations, codes, standards and guidelines to analyze, create and maintain a disaster management program.

Skills : Javascript, SQL, Tableau, Business Objects, Financial Modeling, Statistical Analysis, VBA, Oracle, MySQL, Analytics, Series 7, Python, R, GoLang.

Description :

    1. Maintained an understanding of FEMA regulations, codes and guidelines.
    2. Created a risk assessment for specific types of events that may occur within your facility or region.
    3. Analyzed hazards identified in emergency plans and develop mitigation plans for each hazard in the plan.
    4. Implemented risk assessment training for employees who need it.
    5. Performed inspections to identify damage caused by natural disasters or manmade emergencies.
    6. Analyzed environmental data to determine how to mitigate risks created by natural disasters or manmade emergencies.
    7. Conducted emergency planning meetings with business partners to discuss hazards and needs.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
International Business

Loss Mitigation Analyst Resume

Objective : Loss Mitigation Analyst that possesses a strong ability to gather pertinent data and create useful reports. Proven ability to maintain strong channels of communication with all levels of the organization.

Skills : Risk Management, Customer Service, Microsoft Office, Negotiations, Settlements, Financial Analysis, Underwriting, Research, Portfolio Management.

Description :

    1. Analyzed home mortgage financial data.
    2. Alternated Team lead for department representatives.
    3. Experienced with a team oriented work environment and group goals.
    4. Assisted Request Audit member (Quality Management).
    5. Employed mentor for on-boarding process.
    6. Assisted in restructuring the financing for residential loans.
    7. Prepared documents needed for loss mitigation options.
Years of Experience
Experience
0-2 Years
Experience Level
Level
Entry Level
Education
Education
Bachelors Of Science