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United Wholesale Mortgage

Late Stage Collections Specialist

United Wholesale Mortgage, Pontiac, Michigan, United States, 48340

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Late Stage Collections Specialist

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United Wholesale Mortgage

As a Late Stage Collections Specialist, you will work with borrowers who are significantly delinquent (typically 90+ days past due) on their mortgage payments. Your focus will be to engage, educate, and guide borrowers toward positive resolution, whether through reinstatement, loss mitigation, or foreclosure alternatives—always with a strong emphasis on compliance, compassion, and client experience.

What You Will Be Doing

Proactively contact borrowers in late-stage delinquency to review account status and recommend appropriate resolution strategies.

Explain UWM’s available workout and loss mitigation options, including repayment plans, loan modifications, forbearance, short sales, and deeds-in-lieu of foreclosure.

Document all communications and borrower activities thoroughly and accurately in servicing systems (e.g., MSP).

Collaborate across internal teams including Foreclosure, Loss Mitigation, Legal, and Compliance to ensure timely and effective handling of defaulted accounts.

Follow regulatory guidelines from CFPB, RESPA, FDCPA, and investor requirements (e.g., Fannie Mae, Freddie Mac, FHA).

Prepare accounts for foreclosure referral or suspension based on borrower responsiveness and eligibility.

Deliver a best-in‑class borrower experience with empathy and professionalism during difficult conversations.

Meet or exceed individual and team performance metrics while upholding UWM’s culture of excellence.

What We Need From You Must-Have Qualifications

High school diploma or equivalent (GED)

2–4 years of experience in mortgage servicing, default collections, or loss mitigation

Strong knowledge of foreclosure processes and late-stage delinquency regulations

High attention to detail and ability to manage sensitive, time‑critical accounts

Excellent verbal and written communication skills

Ability to thrive in a high‑volume, compliance‑focused environment

Strong computer skills; comfort with Microsoft Office and mortgage servicing platforms (e.g., MSP)

Nice To Have Qualifications

Associate’s or Bachelor’s degree in Business, Finance, or related field

Experience with Fannie Mae, Freddie Mac, FHA, or VA loss mitigation guidelines

Bilingual skills (especially Spanish)

Familiarity with UWM systems and servicing workflows

THE PLACE & THE PERKS Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award‑winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.

More Reasons You’ll Love Working Here Include

Paid Time Off (PTO) after just 30 days

Additional parental and maternity leave benefits after 12 months

Adoption reimbursement program

Paid volunteer hours

Paid training and career development

Medical, dental, vision and life insurance

401k with employer match

Mortgage discount and area business discounts

Free membership to our large, state‑of‑the‑art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full‑size basketball court

Wellness area, including an in‑house primary‑care physician’s office, full‑time massage therapist and hair salon

Gourmet cafeteria featuring homemade breakfast and lunch

Convenience store featuring healthy grab‑and‑go snacks

In‑house Starbucks and Dunkin

Indoor/outdoor café with Wi‑Fi

DISCLAIMER All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job‑related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is “at‑will.” UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes.

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