Loss Mitigation Representative - LOSS Mitigation Expereince
Listed on 2026-01-17
-
Finance & Banking
Risk Manager/Analyst
Job Title:
Loss Mitigation Representative
Pay: $23.00/hour + Monthly Bonus (up to $500)
Location:
On-site (Training period)
Schedule:
- Training:
Mandatory, 3 weeks on-site, Mon–Fri, 9 AM–6 PM - Post‑training: 7 AM–4 PM or 9 AM–6 PM (based on preference)
Join Valon’s Default Servicing Team, which plays a critical role in preventing foreclosures and supporting homeowners in financial hardship. As a Loss Mitigation Representative, you will be the primary point of contact for homeowners in default, helping them navigate complex mortgage assistance options and avoid foreclosure.
Responsibilities- Complete assigned queues promptly and accurately.
- Communicate with clients regarding delinquent borrowers and default milestones (bankruptcy, foreclosure, loss mitigation, collections).
- Respond to inquiries from clients, investors, homeowners, and internal teams in compliance with SLAs and regulatory guidelines (RESPA, state, federal).
- Coordinate with foreclosure attorneys for bidding instructions, payoff/reinstatement quotes, and account updates.
- Evaluate homeowner eligibility for mortgage assistance programs.
- Negotiate and draft workout agreements, trial repayment plans, forbearance plans, and other loss mitigation agreements.
- Monitor pre‑foreclosure and foreclosure populations and generate related reports.
- Handle escalated delinquent accounts with professionalism and urgency.
Ideal Background:
- Previous experience with escalated delinquent accounts, foreclosure, and bankruptcy.
- Strong organizational skills and ability to work independently in a fast‑paced environment.
- 1+ years of experience in collections and/or loss mitigation.
- High school diploma or GED required.
- Experience in mortgage servicing, portfolio management, or default servicing.
- Familiarity with GSE servicing (loan modifications, forbearances).
- Excellent oral and written communication skills.
- Strong problem‑solving and multitasking abilities.
- Career Growth:
Company promotes from within—this team is a feeder for leadership and back‑office roles. - Leadership Development:
Managers started as CSRs; growth is part of the culture. - Innovation:
Be part of a mortgage startup shaping the future of sub‑servicing with cutting‑edge technology. - Impact:
Your feedback will help build a product that will transform the industry in 2026.
- Monthly incentive up to $500 based on attendance and call performance.
- Eligibility begins after 30 days on the phones.
This is a Contract to Hire position based out of Phoenix, AZ.
Pay and BenefitsEligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms.
If eligible, the benefits available for this temporary role may include the following:
- Medical, dental & vision
- Critical Illness, Accident, and Hospital
- 401(k) Retirement Plan – Pre‑tax and Roth post‑tax contributions available
- Life Insurance (Voluntary Life & AD&D for the employee and dependents)
- Short and long‑term disability
- Health Spending Account (HSA)
- Transportation benefits
- Employee Assistance Program
- Time Off/Leave (PTO, Vacation or Sick Leave)
This is a fully onsite position in Phoenix, AZ.
Final date to receive applicationsThis position is anticipated to close on Jan 28, 2026.
About TEKsystems:We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full‑Stack Technology Services, Talent Services, and real‑world application, we work with progressive leaders to drive change.
That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any…
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