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Intern Loss Mitigation Analyst Jobs (NOW HIRING)

M&T Bank

Loss Mitigation Underwiter III

Getzville, NY · On-site

$26 - $43.34/hr

Review, compile and analyze documents (e.g., appraisals, title, arm's length addenda, HUD 90051) to ... Communicate with Single Point of Contact, title team, Loss Mitigation Closing team and Escalations ...

M&T Bank

Loss Mitigation Underwiter III

Getzville, NY · On-site

$26 - $43.34/hr

Review, compile and analyze documents (e.g., appraisals, title, arm's length addenda, HUD 90051) to ... Communicate with Single Point of Contact, title team, Loss Mitigation Closing team and Escalations ...

S and T Bank

Loss Mitigation Specialist

Indiana, PA · On-site

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... Maintain regular communication with borrowers; explore, analyze, and respond to issues and concerns ...

cathaybank

Mortgage Loss Mitigation Team Lead

El Monte, CA · On-site

$33.65 - $43.27/hr

... outbound loss mitigation efforts to resolve delinquency or assist the borrower with options ... Analyze customers' situations and collateral risks to present alternative solutions such as ...

Stbancorp

Loss Mitigation Specialist

Stafford, TX

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... Maintain regular communication with borrowers; explore, analyze, and respond to issues and concerns ...

cathaybank

Mortgage Loss Mitigation Team Lead

El Monte, CA · On-site

$33.65 - $43.27/hr

... outbound loss mitigation efforts to resolve delinquency or assist the borrower with options ... Analyze customers' situations and collateral risks to present alternative solutions such as ...

Arise Financial

Team Leader-Loss Mitigation

Canton, MA · On-site

$65K - $72K/yr

Lead the daily operations of the Loss Mitigation team, ensuring timely, accurate, and compliant ... Strong analytical, organizational, and problem-solving skills with the ability to manage multiple ...

Arise Financial

Team Leader-Loss Mitigation

Lowell, MA · On-site

$65K - $72K/yr

Lead the daily operations of the Loss Mitigation team, ensuring timely, accurate, and compliant ... Strong analytical, organizational, and problem-solving skills with the ability to manage multiple ...

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How much do intern loss mitigation analyst jobs pay per hour?

As of Aug 12, 2026, the average hourly pay for intern loss mitigation analyst in the United States is $22.50, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $24.52 per hour, depending on experience, location, and employer.
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Loss Mitigation Underwiter III

M&T Bank

Getzville, NY • On-site

$26 - $43.34/hr

Full-time

Posted 25 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

80th of 171 rated banks

Job description

Overview:

This position is responsible for reviewing mortgage loan accounts for the entire waterfall and determining whether customers qualify for retention or liquidation options through financial analysis of income and ability to repay. This position submits loan modification workups and reviews appeal requests for loans where loss mitigation has been denied. This position will also be responsible for preparing loans for foreclosure mediation hearings, QC'ing files and letters, and identifying loans missing investor, insurer or CFPB guidelines.

Primary Responsibilities:
  • Understand investor waterfalls and required documents for loss mitigation.
  • Manage and monitor account portfolio to ensure that all documentation and account decisions comply with banking policies, investor guidelines and applicable regulations.
  • Assess income and expenses, as well as property value and variance between appraised properties and offers submitted by potential buyers.
  • Serve as liaison to various investors, including, but not limited to Fannie Mae, Freddie Mac and M&T Bank to gain approval for settlements and provide each party with documentation necessary to render a decision.
  • Communicate with HUD regarding loss mitigation requests and extension approvals.
  • Review denied loan appeal requests by examining changes in customer's income, newly submitted documents and identifying possible miscalculations.
  • Calculate foreclosure costs, loss estimations and payoff totals to make account recommendations.
  • Review workout packages, including hardship letters, tax returns, income statements, pay stubs, credit reports, sources of debt and general customer financial documents to determine the most suitable repayment option for customers.
  • Calculate loan modification terms in adherence with FHA guidelines, M&T policies and applicable state and Federal law and regulations.
  • Review, compile and analyze documents (e.g., appraisals, title, arm's length addenda, HUD 90051) to approve or deny a short sale settlement.
  • Communicate with customers, real estate agents and attorneys to negotiate short sale settlement offers and advise of loss mitigation decisions.
  • Communicate with Single Point of Contact, title team, Loss Mitigation Closing team and Escalations team to gather information and resolve escalated accounts.
  • Prepare workout summaries for management approval. Maintain notes for management and audit review purposes.
  • Verify the accuracy of letters to be sent to customers from the Underwriting team.
  • QC Underwriting Team decisions for completeness and accuracy.
  • Manage and monitor loans in the HMP portal and loans receiving Hardest Hit Funds.
  • Participate in process improvements and providing procedure updates.
  • Review daily regulatory reports and complete report validation identifying issues for Underwriting Team and Management. Test new or updated investor programs and acquisitions loans in BKFS test systems providing feedback
  • Complete special ad hoc projects as requested by management (e.g., due diligence loan reviews).
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.
Scope of Responsibilities:

Manages and monitors an account portfolio of 70 loans.

Education and Experienced Required:

A combined 5 years' higher education and/or work experience, including a minimum of 3 years' collections or underwriting experience.

Ability to communicate effectively and professionally over the phone.

Excellent communication and customer service skills.

Proficiency with word processing and spreadsheet software.

Knowledge and understanding of land title.

Education and Experience Preferred:

Bachelor's degree.

Paralegal certification or experience.

Mortgage collections experience.

Knowledge of M&T systems.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.00 - $43.34 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationGetzville, New York, United States of America

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