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Loss Mitigation Associate Jobs in Georgia (NOW HIRING)

Loss Mitigation Associate

Atlanta, GA · On-site

$39K - $58K/yr

Conduct outbound collection activities negotiating payment arrangements, deferrals, and other loss mitigation solutions while balancing customer circumstances and company objectives, including ...

... loss mitigation holds, and bankruptcy interactions Familiarity with investor/servicer guidelines for Fannie Mae, Freddie Mac, FHA, VA, or private label investors Associate's or Bachelor's degree, or ...

Additionally, PLG offers national bankruptcy, replevin, and loss mitigation services. The firm ... Developing and maintaining congenial relationships with business associates and clients. Providing ...

... and loss mitigation efforts across multiple intake channels to decision Fraud Solution Service ... 10. Associate Degree 11. Experience in investigation, law enforcement, or lending role 12.

... and loss mitigation efforts across multiple intake channels to decision Fraud Solution Service ... 10. Associate Degree 11. Experience in investigation, law enforcement, or lending role 12.

Additionally, PLG offers national bankruptcy, replevin, and loss mitigation services. The firm ... Developing and maintaining congenial relationships with business associates and clients. Providing ...

Fraud Specialist I

Atlanta, GA

$16.25 - $21.75/hr

... and loss mitigation efforts across multiple intake channels to decision Fraud Solution Service ... 10. Associate Degree 11. Experience in investigation, law enforcement, or lending role 12.

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Loss Mitigation Associate information

How does a Loss Mitigation Associate typically collaborate with other departments to resolve delinquent accounts?

Loss Mitigation Associates work closely with various departments such as collections, underwriting, and customer service to develop solutions for borrowers facing financial hardship. They often coordinate with loan officers to gather documentation, communicate with legal teams regarding regulatory compliance, and partner with customer service representatives to ensure borrowers are informed about available options. Effective teamwork and clear communication are essential in this role to create workable repayment plans and achieve positive outcomes for both the lender and the borrower.

What are Loss Mitigation Associates?

Loss Mitigation Associates are professionals who work with borrowers and lenders to prevent loan defaults and minimize financial losses, typically in mortgage or lending environments. They assess delinquent accounts, review borrower hardship situations, and recommend solutions such as loan modifications, repayment plans, or short sales. Their goal is to find mutually beneficial resolutions that help borrowers keep their properties while reducing risk and loss for the lender.

What are the key skills and qualifications needed to thrive as a Loss Mitigation Associate, and why are they important?

To thrive as a Loss Mitigation Associate, you need a solid understanding of mortgage servicing, loan workout options, and financial analysis, often supported by experience in banking or real estate and a relevant associate or bachelor’s degree. Familiarity with loan servicing platforms, document management systems, and regulations like RESPA and FHA guidelines is typically required. Strong negotiation, problem-solving, and communication skills are crucial for working with borrowers and collaborating with internal teams. These competencies help minimize financial losses for lenders while assisting borrowers in retaining their homes or navigating alternatives.

What is the highest paying job in the mortgage industry?

In the mortgage industry, senior roles such as Mortgage Vice Presidents, Chief Underwriters, or Regional Managers tend to have the highest salaries, often exceeding six figures. These positions typically require extensive experience, leadership skills, and industry knowledge, and may involve overseeing large teams or strategic operations.

What jobs pay $500,000 a year in the US?

In the US, high-paying roles such as senior executives, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. Certain finance, technology, and legal positions, especially with bonuses or profit sharing, also reach this level, often requiring advanced skills, extensive experience, and professional certifications.

What is a loss mitigation job description?

A loss mitigation associate is responsible for working with borrowers to develop solutions that prevent foreclosure or loan default, such as loan modifications, repayment plans, or forbearance agreements. The role involves analyzing financial documents, negotiating terms, and maintaining compliance with lending regulations, often requiring strong communication and problem-solving skills. This position typically involves working within a team and using specialized software to track case progress.

How much does a loss mitigation manager make?

A loss mitigation manager typically earns between $50,000 and $85,000 annually, depending on experience, location, and the size of the organization. They often require strong communication skills and knowledge of loan servicing or financial regulations.
What are the most commonly searched types of Loss Mitigation jobs in Georgia? The most popular types of Loss Mitigation jobs in Georgia are:
What cities in Georgia are hiring for Loss Mitigation Associate jobs? Cities in Georgia with the most Loss Mitigation Associate job openings:

Loss Mitigation Associate

Hyundai Capital

Atlanta, GA • On-site

$39K - $58K/yr

Full-time

Re-posted 26 days ago


Job description

Description
Who We Are
Through our service brands Hyundai Motor Finance, Genesis Finance, and Kia Finance, Hyundai Capital America offers a wide range of financial products tailored to meet the needs of Hyundai, Genesis, and Kia customers and dealerships. We provide vehicle financing, leasing, subscription, and insurance solutions to over 3 million consumers and businesses. Embodying our commitment to grow, innovate, and diversify, we strive to reimagine the customer and dealer experience and launch innovative new products that broaden our market reach. We believe that success comes from within and are proud to support our team members through skill development and career advancement. Hyundai Capital America is an Equal Opportunity Employer committed to creating a diverse and inclusive culture for our workforce. We are a values-driven company dedicated to supporting both internal and external communities through volunteering, philanthropy, and the empowerment of our Employee Resource Groups. Together, we strive to be the leader in financing freedom of movement.
What You Will Do
Help customers navigate challenging financial situations while making a meaningful impact. In this role, you'll manage delinquent accounts from 80 days past due through charge-off, investigating account status, identifying solutions, and helping drive positive outcomes. You'll collaborate across teams to deliver an exceptional customer experience while ensuring compliance with company policies and procedures. Success requires strong problem-solving skills, attention to detail, and a customer-first mindset.
Qualifications
What You Will Bring
  • 3 years late-stage collections experience (automotive preferred)
  • Utilize approved skip tracing tools, internal systems, and available resources to locate customers and obtain updated contact information.
  • Conduct outbound collection activities negotiating payment arrangements, deferrals, and other loss mitigation solutions while balancing customer circumstances and company objectives, including follow up and inbound calls as needed.
  • Previous experience in late-stage collections is preferred
  • High school graduate or GED equivalent
  • Ability to independently manage their time daily to ensure productivity and goals are met
  • Strong negotiation skills - Ability to negotiate mutually beneficial arrangements with the customer
  • Skip tracing skills - Ability to utilize various skip tracing tools (where applicable)

Work Environment
Employees in this class are subject to extended periods of sitting, standing and walking, vision to monitor and moderate noise levels. Work is performed in an office environment.
The posted salary range for this job takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; geographic location, and other business and organizational needs. Successful candidates may be hired anywhere in the salary range based on these factors. It is uncommon to hire candidates at or near the top of the range.