Eastridge
Loss Mitigation Workout Closing Specialist
Eastridge, San Diego, California, United States, 92111
Eastridge Workforce Solutions is a leading provider of workforce management solutions, committed to connecting skilled professionals with meaningful career opportunities.
Job Title:
Loss Mitigation Workout Closing Specialist Job Type:
Full-Time Work Location:
Remote or On-site (as applicable) Industry:
Mortgage Servicing / Financial Services Position Overview
A mortgage services organization is seeking a
Loss Mitigation Workout Closing Specialist
to manage the execution and finalization of loan workout solutions. This position is responsible for ensuring compliance with federal, investor, and insurer guidelines while maintaining data integrity and supporting post-modification activities. The successful candidate will have direct experience in mortgage servicing, strong attention to detail, and the ability to manage multiple priorities in a deadline-driven environment. Key Responsibilities
Conduct quality reviews of borrower-executed documentation to ensure compliance and proper execution Validate modification terms, including amortization and delinquency cures Reconcile capitalized amounts against principal balance adjustments Coordinate with internal departments on escrow balances, corporate advances, and fund movements Submit finalized workout packages to investor systems (e.g., FNMA, FHLMC) Review FHA payment supplements and manage cancellation or termination requests Process post-workout invoice payments and investor reclassifications Finalize loan details in proprietary systems post-workout Ensure accurate loan data for investor buyouts Support process improvement efforts across the loss mitigation closing function Maintain regulatory compliance with state, federal, and agency guidelines Perform other duties as assigned Required Qualifications
High School Diploma or equivalent (required) Minimum of 2 years experience in mortgage servicing or loss mitigation (required) Knowledge of FNMA, FHLMC, FHA, VA, or USDA documentation and processes Familiarity with CFPB regulations, FCRA, and FDCPA (preferred) Experience with proprietary servicing systems or document retention tools such as Blitzdoc or ICE (preferred) 10-key proficiency (strongly preferred) Skills and Competencies
High attention to detail and accuracy Strong organizational and time management abilities Ability to interpret and reconcile financial data Proficient in Microsoft Office Suite and servicing platforms Clear, professional communication skills Ability to work independently and within a collaborative team environment Comfortable handling confidential data with discretion Adaptable to a fast-paced and metrics-driven environment Work Environment
This role may be performed remotely or on-site, depending on business needs. Standard business hours apply, with potential for overtime during peak processing periods. Benefits : Use this link
bit.ly/4cGUQSh
to learn more about benefits available to Eastridges temporary employees. From time to time Eastridges clients may offer additional benefits to Eastridge employees while on assignment. Information about those benefits will be communicated when applicable.
Eastridge Workforce Solutions is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We celebrate diversity and are committed to creating an inclusive environment for all employees. Please note that Eastridge is unable to provide visa sponsorship to applicants.
Certain clients require Eastridge to perform background checks and Eastridge will consider qualified applicants with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance. #IPRO
Job Title:
Loss Mitigation Workout Closing Specialist Job Type:
Full-Time Work Location:
Remote or On-site (as applicable) Industry:
Mortgage Servicing / Financial Services Position Overview
A mortgage services organization is seeking a
Loss Mitigation Workout Closing Specialist
to manage the execution and finalization of loan workout solutions. This position is responsible for ensuring compliance with federal, investor, and insurer guidelines while maintaining data integrity and supporting post-modification activities. The successful candidate will have direct experience in mortgage servicing, strong attention to detail, and the ability to manage multiple priorities in a deadline-driven environment. Key Responsibilities
Conduct quality reviews of borrower-executed documentation to ensure compliance and proper execution Validate modification terms, including amortization and delinquency cures Reconcile capitalized amounts against principal balance adjustments Coordinate with internal departments on escrow balances, corporate advances, and fund movements Submit finalized workout packages to investor systems (e.g., FNMA, FHLMC) Review FHA payment supplements and manage cancellation or termination requests Process post-workout invoice payments and investor reclassifications Finalize loan details in proprietary systems post-workout Ensure accurate loan data for investor buyouts Support process improvement efforts across the loss mitigation closing function Maintain regulatory compliance with state, federal, and agency guidelines Perform other duties as assigned Required Qualifications
High School Diploma or equivalent (required) Minimum of 2 years experience in mortgage servicing or loss mitigation (required) Knowledge of FNMA, FHLMC, FHA, VA, or USDA documentation and processes Familiarity with CFPB regulations, FCRA, and FDCPA (preferred) Experience with proprietary servicing systems or document retention tools such as Blitzdoc or ICE (preferred) 10-key proficiency (strongly preferred) Skills and Competencies
High attention to detail and accuracy Strong organizational and time management abilities Ability to interpret and reconcile financial data Proficient in Microsoft Office Suite and servicing platforms Clear, professional communication skills Ability to work independently and within a collaborative team environment Comfortable handling confidential data with discretion Adaptable to a fast-paced and metrics-driven environment Work Environment
This role may be performed remotely or on-site, depending on business needs. Standard business hours apply, with potential for overtime during peak processing periods. Benefits : Use this link
bit.ly/4cGUQSh
to learn more about benefits available to Eastridges temporary employees. From time to time Eastridges clients may offer additional benefits to Eastridge employees while on assignment. Information about those benefits will be communicated when applicable.
Eastridge Workforce Solutions is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. We celebrate diversity and are committed to creating an inclusive environment for all employees. Please note that Eastridge is unable to provide visa sponsorship to applicants.
Certain clients require Eastridge to perform background checks and Eastridge will consider qualified applicants with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance. #IPRO