SPOC Team/Loss Mitigation Job Description
11:00a-8p, 30 min lunch,
Job Summary:
The SPOC Team Member serves as the primary liaison between the mortgage servicer and borrowers experiencing hardship or going through the loss mitigation process. The SPOC is responsible for delivering consistent, accurate, and timely communication while guiding customers through available mortgage assistance options and ensuring compliance with investor, regulatory, and internal guidelines.
Key Responsibilities:
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Serve as the assigned representative for a portfolio of borrowers requiring loss mitigation, foreclosure prevention, or delinquency management.
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Maintain regular, proactive communication with assigned borrowers via phone, email, and written correspondence.
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Provide status updates on loss mitigation applications, mortgage assistance programs, and other servicing processes.
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Explain available options (e.g., forbearance, loan modification, repayment plans, deferrals, etc.) and assist borrowers in completing and retrieving required documentation(s) for review.
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Coordinate with internal departments (e.g., underwriting, collections, foreclosure) to ensure timely resolution of borrower inquiries and requests.
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Ensure all actions and communications are accurately documented in the servicing platform.
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Monitor accounts to ensure timely follow-ups, task completions, and borrower outreach within regulatory timelines.
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Maintain compliance with all applicable federal and state laws and servicing guidelines.
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Provide compassionate and solution-focused support to borrowers during financially stressful situations.
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Meet performance standards without sacrificing quality of service.
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Maintain up-to-date knowledge of investor guidelines, as well as FDCPA regulations.