PENNYMAC
Overview
Join to apply for the
Short Sale Negotiation Specialist I
role at
PENNYMAC . Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. What You’ll Do
Negotiate and formalize retention or liquidation workout solutions with defaulted borrowers to avoid foreclosure and mitigate loss to the borrower and the company. Ensure activities are in compliance with federal, state and local regulations as well as PNMAC policies and procedures. Analyze financial statements, loan documentation and other relevant data to determine the best workout solution. Conduct gain/loss analysis on loans to project potential future loss versus acceptance of a short sale or deed in lieu. Facilitate disposition efforts with borrowers, loan officers, attorneys, real estate agents, title companies and/or other third parties; follow up as needed to ensure closure of approved deals. Educate and counsel borrowers on workout options and the implications of each option. Obtain transaction approval by preparing a complete package for management review. Perform other duties as required and assigned. Demonstrate behaviors aligned with the organization’s values and culture. What You’ll Bring
Experience with first and second mortgage liens and short sale/liquidation preferred. Ability to maintain a professional demeanor while speaking with customers or via email. Proficiency in Excel and Word. Why You Should Join
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home ownership. Our vision is to be the most trusted partner for home. Four thousand Pennymac team members across the country are guided by our core values: Accountability, Reliability and Ethics in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. Benefits That Bring It Home
Whether you’re looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac’s benefits have you covered. Some key benefits include: Comprehensive Medical, Dental, and Vision Paid Time Off Programs including vacation, holidays, illness, and parental leave Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations) Retirement benefits, life insurance, 401k match, and tuition reimbursement Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships To learn more about our benefits visit: https://pennymacnews.page.link/benefits For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information Compensation
Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below. Lower in range - Building skills and experience in the role Mid-range - Experience and skills align with proficiency in the role Higher in range - Experience and skills add value above typical requirements of the role Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. Salary $40,000 - $60,000 Work Model
OFFICE Seniority level
Not Applicable Employment type
Full-time Job function
Sales and Business Development
#J-18808-Ljbffr
Join to apply for the
Short Sale Negotiation Specialist I
role at
PENNYMAC . Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. What You’ll Do
Negotiate and formalize retention or liquidation workout solutions with defaulted borrowers to avoid foreclosure and mitigate loss to the borrower and the company. Ensure activities are in compliance with federal, state and local regulations as well as PNMAC policies and procedures. Analyze financial statements, loan documentation and other relevant data to determine the best workout solution. Conduct gain/loss analysis on loans to project potential future loss versus acceptance of a short sale or deed in lieu. Facilitate disposition efforts with borrowers, loan officers, attorneys, real estate agents, title companies and/or other third parties; follow up as needed to ensure closure of approved deals. Educate and counsel borrowers on workout options and the implications of each option. Obtain transaction approval by preparing a complete package for management review. Perform other duties as required and assigned. Demonstrate behaviors aligned with the organization’s values and culture. What You’ll Bring
Experience with first and second mortgage liens and short sale/liquidation preferred. Ability to maintain a professional demeanor while speaking with customers or via email. Proficiency in Excel and Word. Why You Should Join
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home ownership. Our vision is to be the most trusted partner for home. Four thousand Pennymac team members across the country are guided by our core values: Accountability, Reliability and Ethics in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. Benefits That Bring It Home
Whether you’re looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac’s benefits have you covered. Some key benefits include: Comprehensive Medical, Dental, and Vision Paid Time Off Programs including vacation, holidays, illness, and parental leave Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations) Retirement benefits, life insurance, 401k match, and tuition reimbursement Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships To learn more about our benefits visit: https://pennymacnews.page.link/benefits For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information Compensation
Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below. Lower in range - Building skills and experience in the role Mid-range - Experience and skills align with proficiency in the role Higher in range - Experience and skills add value above typical requirements of the role Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance. Salary $40,000 - $60,000 Work Model
OFFICE Seniority level
Not Applicable Employment type
Full-time Job function
Sales and Business Development
#J-18808-Ljbffr