Loan Counselor responsible for collecting delinquent loan payments at University Bank. Contacting borrowers and working with internal staff to maximize collection potential.
Responsibilities
Contact borrowers in early stages of delinquency to remedy defaults
Ensure adherence to regulatory requirements for collections process
Work with internal/external staff and investor contacts to maximize potential for collection
Create and mail loss mitigation letters and financial packages as requested by the borrower
Maintain borrower’s default department files
Retrieve and process collections voicemails
Inform borrowers about available assistance options or potential consequences of foreclosure or bankruptcy
Requirements
High school diploma (or equivalent) required
Previous experience in mortgage loan servicing desired
Previous experience in collections and/or default servicing desired
Maintain & foster positive relationships with customers and business partners
Complete all assigned training in a timely manner
Provide professional communication in both oral & written expression
Excellent organizational, time management & analytical skills
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