New

Loss Mitigation Specialist

TEKsystems
$23.16 / hr
life insurance, sick time, 401(k), retirement plan
United States, California, San Diego
Aug 13, 2025
Seeking a detail-oriented professional to manage the closing process of loan workout packages. This role ensures compliance with investor, insurer, and regulatory guidelines while coordinating across departments to finalize workout terms and cure delinquencies. Key Responsibilities * Review and validate borrower-executed documents for accuracy and compliance. * Reconcile loan modifications and ensure proper amortization. * Oversee quality control of funds movement, escrow balances, and advance setup. * Collaborate with cash management, escrow, and investor accounting teams. * Submit workout settlements to investor systems (FNMA/FHLMC) and finalize internal records. * Process post-workout invoices and corporate advance reconciliations. * Manage FHA Payment Supplement terminations and document recording approvals. * Prepare loans for buyout and ensure all documentation is complete. * Troubleshoot workout completion issues and improve internal procedures. * Maintain compliance with industry regulations and internal policies. * Deliver excellent customer service to internal and external stakeholders. Qualifications * 2+ years of mortgage servicing or loss mitigation experience. * High School Diploma required; Bachelor's Degree preferred. * Strong knowledge of FNMA, FHLMC, FHA, VA, USDA loan documents and regulatory requirements. * Familiarity with CFPB, FCRA, FDCPA, and SOPs. * Proficiency in Microsoft Office, loan servicing software, and document retention systems (e.g., Blitzdoc/ICE). * Strong analytical, organizational, and problem-solving skills. * Ability to work independently and collaboratively in a fast-paced environment. Pay and Benefits The pay range for this position is $23.16 - $23.16/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully onsite position in San Diego,CA. Application Deadline This position is anticipated to close on Aug 22, 2025. h4>About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. About TEKsystems and TEKsystems Global Services We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.