Newrez LLC · 1 day ago
Loss Mitigation Specialist (On-site)
Newrez LLC is focused on exceeding the expectations of residential mortgage borrowers through superior service. The Loss Mitigation Specialist I role involves communicating and negotiating with borrowers to resolve at-risk mortgages while ensuring compliance with company policies.
FinanceFinancial Services
Responsibilities
Handles multiple mortgage products that are 60+ days delinquent, as governed by investor, departmental and legal guidelines
Handles inbound and outbound calls supporting homeowner questions and helping homeowners to become engaged in loss mitigation workout assistance
Makes calls to borrowers, borrowers’ authorized representatives, and brokers
Analyzes financial statements, tax returns, credit reports, and the value of the collateral in order to determine and recommend the most feasible and appropriate workout to the customer
Addresses any borrower questions or concerns. Handles escalated files appropriately by providing an articulate and complete response
Contributes to the progress of the department by understanding the measurements used to define success and how they can positively impact those measurements
Ensures compliance with company policies and procedures
Performs related duties as assigned by management
Qualification
Required
High school diploma or equivalent, required
Ability to obtain and maintain ongoing Mortgage Loan Originator License
Proficient in Microsoft Word and Excel
Excellence in consulting and advising customers via telephone and written communication
Understanding of debt collections in any stage of delinquency
Portfolio management, strong organizational skills, and attention to detail
Comfortable talking on the phone for extended periods
Okay with sitting for extended periods of time
Comfortable working on a computer for extended period of time, including typing and viewing a screen
Preferred
Bachelor's degree, preferred
Loss Mitigation, Collections, Foreclosure, Bankruptcy and Real Estate Owned (REO) experience preferred
Benefits
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Company
Newrez LLC
Newrez brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table.
Funding
Current Stage
Late StageRecent News
2026-01-08
2025-11-01
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