Quorum Federal Credit Union seeks Loss Mitigation Underwriter

-Manages loss situations though loan workout negotiations for member hardship and trouble debt restructuring requests.

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-Coordinates revised loan terms/structure with lending department.

-Provides extensive loss analysis and recommendations related to all aspects of loss mitigation in support of departmental vision and current business objectives. 

-Responsible for outbound pro-active pursuit of loss mitigation cases from servicers and answering and processing inbound calls. 

-Serves as a back up to the Real Estate and Consumer Loan Underwriters. 

-Recommends appropriate resolutions on recovery loans including negotiating settlements, short sales, and repayment plans. 

-Heavily monitors loans in Bankruptcy, Foreclosure, & REO to ensure timely progression and minimize losses to the Credit Union.   

-Performs additional duties as required.

APPLY HERE