Mitigation Coordinator

The Mitigation Coordinator manages a portfolio of defaulted loans to mitigate losses by negotiating with borrowers, investors, and realtors to develop solutions that avoid foreclosure. The role involves determining resolution strategies for severely delinquent loans, evaluating property values, and implementing approved loss mitigation methods such as modifications, short sales, and deeds in lieu of foreclosure. This position requires maintaining detailed records, ensuring compliance with state foreclosure and modification laws, and preserving vacant properties in a pre-REO status.