Loss Mitigation / Foreclosure Manager- Loan Servicing

Loss Mitigation / Foreclosure Manager- Loan Servicing Brea, CA Job Details Full-time $90,000 - $120,000 a year 20 hours ago Benefits Health insurance Dental insurance Paid time off Vision insurance 401(k) matching Life insurance Qualifications Microsoft Word MLO License Microsoft Outlook Refinancing (loan modification) Operations management Compliance with loan regulations Interpersonal skills Vendor management Federal Housing Administration (FHA) loans Phone communication Customer service Bachelor's degree in finance Computer literacy Regulatory compliance Bachelor's degree in business Legal risk management Commercial lending Associate's degree in finance Mid-level Performance management Mortgage industry Finance High school diploma or GED Team development Team management Bank experience Mortgage customer account management Vendor relationship management Loan servicing 1 year Business Associate's degree Balloon mortgages Communication skills Regulatory compliance management Real estate foreclosures Adjustable-rate mortgages Bankruptcy Full Job Description Company Summary AmWest Funding Corp is a growing mortgage lender dedicated to providing high-quality lending solutions while maintaining strong operational efficiency and compliance standards. Our team works collaboratively across departments to ensure loan files are processed accurately and delivered to investors in a timely manner. We value attention to detail, teamwork, and a commitment to excellence in everything we do. About the Role We are seeking a results-driven Loss Mitigation and Foreclosure Manager to oversee our default management operations. You will be responsible for minimizing financial losses and legal risks by managing a team focused on loan modifications, short sales, deeds-in-lieu, and the foreclosure process. This role requires a strategic leader who can balance strict regulatory compliance with empathetic customer service to achieve the best outcomes for both the company and the borrower.

Essential Duties and Responsibilities:

The Loan Servicing Loss Mitigation Manager will track and manage loans in default to ensure proper and compliant handling while considering agency and investor guidelines.

• Explore all pertinent workout options from reinstatement through liquidation
• Extensive and current knowledge of Loss Mitigation procedures and both agency and private investor default guidelines.
• Act as a high-level point of contact for internal departments and external customers, resolving complex disputes or sensitive borrower situations with professional empathy
• Manage and develop a team of staff to handle all loss mitigation inquiries and foreclosure proceedings, ensuring they meet performance objectives.
• Partner with and monitor the performance of outside attorneys and vendors to ensure foreclosure actions are timely and accurate.
• Track department metrics, analyze bad debt recovery projections, and develop strategies to reduce loan delinquency rates.

Education and/or

Work Experience Requirements:

• MLO License preferred; if not currently licensed, must be willing to obtain licensure in multiple states as required.
• Extensive and current knowledge and experience in Loss Mitigation
• Extensive and current knowledge and experience in both agency and private investor default guidelines
• Excellent verbal and written communication skills, including ability to effectively communicate with internal and external customers
• Excellent computer proficiency (MS Office - Word, Excel and Outlook)
• Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
• High school diploma or GED required
• Associate or bachelor's degree in business, Finance, or related field is preferred
• 5+ years of management experience in a high-volume, fast-paced mortgage or banking environment.

Physical Requirements:

• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards
• Must be able to lift and carry up to 50 lbs
• Must be able to talk, listen and speak clearly on telephone Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Duties, responsibilities and activities may change at any time with or without notice. EEO/AAP Policy Statement AmWest Funding Corp. (NMLS #167441) is an equal employment opportunity employer and will not discriminate against any employee or applicant for employment in an unlawful manner.

Job Type:

Full-time Job Type:

Full-time Benefits:

401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance Application Question(s): How many years of experience do you have with handling responsibilities across loss mitigation, foreclosure, and bankruptcy operations? The pay range for this role is $85,000 - $105,000 a year, depending on experience. What are your salary expectations? Please list the states in which you hold an MLO license. If not applicable, enter "N/A." Ability to

Commute:

Brea, CA 92821 (Required)

Work Location:

In person