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Loan Processor - /

Location: San Bernardino
Posted on: May 11, 2024

Job Description:

This Loan Processor Position Features:

? Opportunity for growth

? Work for a well known financial institution

? Great Pay to $19/hr

Manage alternative disposition methods of REO properties that are typically received via foreclosure sale or acquisition of Non-Performing Assets (NPA) portfolios. Identify options for either charitable donation or discounted sale as appropriate. Establish and enact plans to maintain property, prepare property for transition and determine extraneous costs such as holding cost, repair, and cost of property preservation.

Connect all interested parties, including the housing foundation as applicable, charitable entities, and community contacts. Manage and resolve properties with severe title issues and/or litigation to prepare for marketing. Identify alternative marketing strategies given title defects. Collaborate with Asset Recovery managers regarding repair strategy for severely distressed REO properties. Work with repair contractors to obtain bids for work including hazardous material removal and environmental concerns. Coordinate surveys and inspections by jurisdictional and governmental entities. Analyze repair bids to determine the cost benefits and implement such strategies upon approval from management, client and/or investor. Arrange property preservation.

Adhere to client, investor, or jurisdictional guidelines. Negotiate sales or transfers directly. Identifies trends within client portfolio and makes necessary recommendations to clients.

Acts as mentor and provides direction to team members on more difficult and/or unique investor/property situations. Apply for this great position as a loan processor today! We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.

Keywords: , San Bernardino , Loan Processor - /, PR / Public Relations , San Bernardino, California

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