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Loss Mitigation Director Jobs in Spring, TX (NOW HIRING)

Mitigation Project Manager

Houston, TX · On-site

$55K - $60K/yr

This leadership role includes scoping water/fire/mold losses, directing technicians, managing ... The ideal candidate brings a strong mitigation background, the ability to lead teams, and the ...

Collaborate with senior leadership on loss mitigation strategy for the portfolio's highest-risk loans, while directing the team's execution of mitigation plans across the broader portfolio * Deliver ...

Provide direct leadership and supervision to the Fraud Analyst team within Back Office Operations. Oversee all non-card fraud detection, investigation, dispute resolution, and loss-mitigation ...

Support risk identification and loss mitigation initiatives. * Advise on contractual risk transfer ... Direct experience managing OCIPs for construction, capital projects, or plant turnarounds. * Strong ...

Provide look-back analyses on the various risk mitigation strategies to ensure hedge effectiveness ... Demonstrated expertise in economic analysis, profit and loss (P&L) management, position management ...

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Loss Mitigation Director information

See Spring, TX salary details

$60.5K

$101.8K

$183.3K

How much do loss mitigation director jobs pay per year?

As of Sep 3, 2026, the average yearly pay for loss mitigation director in Spring, TX is $101,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,700.00 and $112,600.00 per year, depending on experience, location, and employer.

What does a loss mitigation director do?

A Loss Mitigation Director oversees strategies and operations to minimize financial losses for a lending institution, typically in the mortgage or banking industry. They manage teams responsible for working with borrowers to prevent foreclosures, such as by offering loan modifications, repayment plans, or short sales. The director ensures compliance with industry regulations, develops policies to reduce risk, and collaborates with other departments to implement best practices. Their goal is to protect the lender's assets while helping borrowers find solutions to keep their homes whenever possible.

How does a loss mitigation director typically collaborate with other departments to resolve delinquent loans?

A Loss Mitigation Director works closely with teams such as loan servicing, collections, legal, and risk management to develop and implement strategies for resolving delinquent loans. Collaboration often involves regular meetings to review at-risk accounts, sharing borrower information, and coordinating solutions like repayment plans or loan modifications. Effective communication with these departments ensures that all actions are compliant with regulations and that borrower needs are addressed promptly. This cross-functional teamwork is essential for minimizing losses while maintaining positive customer relationships.

What are the key skills and qualifications needed to thrive as a loss mitigation director, and why are they important?

To thrive as a Loss Mitigation Director, you need expertise in mortgage servicing, default management, and financial analysis, often supported by a bachelor's degree in finance or a related field. Familiarity with loan management systems, regulatory compliance tools, and industry certifications such as Certified Mortgage Banker (CMB) are commonly required. Strong leadership, negotiation, and strategic communication skills set top performers apart in this role. These skills are crucial for effectively managing risk, ensuring regulatory compliance, and optimizing loan recovery processes for financial institutions.

What is the difference between Loss Mitigation Director vs Loss Mitigation Specialist?

AspectLoss Mitigation DirectorLoss Mitigation Specialist
CredentialsTypically requires a bachelor’s degree and industry certificationsOften requires similar certifications but may have less formal education requirements
Work EnvironmentOversees teams and strategies in a corporate settingWorks directly with borrowers and loan portfolios
ResponsibilitiesDevelops loss mitigation policies, manages teams, and sets strategic goalsEvaluates borrower situations, recommends solutions, and processes mitigation options

The Loss Mitigation Director focuses on strategic leadership and team management within the industry, while the Loss Mitigation Specialist handles direct borrower interactions and case evaluations. Both roles require industry knowledge and certifications, but differ in scope and responsibilities.

What are the most commonly searched types of Loss Mitigation jobs in Spring, TX?

The most popular types of Loss Mitigation jobs in Spring, TX are:

What cities near Spring, TX are hiring for Loss Mitigation Director jobs?

Cities near Spring, TX with the most Loss Mitigation Director job openings:

Loss Mitigation Fulfillment Specialist

Cornerstone Capital Bank

Houston, TX • On-site

$23 - $26/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 16 days ago


Job description

***No agencies or 3rd party Recruiters please. Thank you! ***
Who we are:
Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for:
Cornerstone Servicing is seeking an experienced Loss Mitigation individual to join our growing team! The Loss Mitigation Fulfillment Specialist will be responsible for the generation of permanent loss mitigation documents, the fulfillment of terms in the system of record, and the handling of loss mitigation related collateral.
  • Location: Onsite daily in either Houston, TX or Englewood, CO
  • Compensation: $23-26/hr

Key Responsibilities:
  1. Process orders for permanent loss mitigation documents after final terms are calculated by the underwriting department.
  2. Complete quality control reviews of permanent loss mitigation documents prior to the documents being sent to customers for execution.
  3. Process executed documents received from customers, including notarization of the counter-signing process and document imaging.
  4. Settlement and/or reporting of permanent loss mitigation workouts in applicable investor systems.
  5. Fulfillment of permanent loss mitigation terms in the system of record.
  6. Recordation of any permanent loss mitigation document.
  7. Obtain title endorsements or policies for completed loss mitigation workouts as required by state and/or investor guidelines.
  8. Handling of collateral documents such as partial claims, payment supplements, modifications, and deeds-in-lieu of foreclosure.
  9. Maintain a log of exceptions related to the above processes and work diligently to clear items and adhere to required timelines.
  10. Assist with managing the day-to-day operations of third-party vendors contracted to assist with the fulfillment process.

What you'll need to be successful:
  • High School Diploma/GED or equivalent work experience
  • 3 - 5 years of experience in Loss Mitigation fulfillment preferred.
  • Experience with Black Knight Director 7 (MSP) and Loss Mitigation Solution (LMS) desired.
  • Knowledge of Fannie Mae, Freddie Mac, and Ginnie Mae permanent loss mitigation document requirements.
  • Understanding of Mortgage Electronic Registration System (MERS) document requirements.
  • Experience working in Fannie Mae - SMDU, Freddie Mac - Resolve, VA - VALERI, and USDA - USDALinc systems preferred.
  • Notary certification preferred.
  • Strong organizational skills and attention to detail.
  • High level of Integrity/confidentiality while handling secure information in addition to having the ability to work through stressful situations professionally and handle frequent changes.
  • Minimum 2 years of experience using Microsoft Office Suite (Word, Excel, Outlook, etc.)

What we offer:
Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.