Selene Finance LP · 1 hour ago
Loss Mitigation Specialist
DFW Metroplex
Full-time
Onsite
Entry, Mid Level
2+ years expSelene Finance LP is a financial services firm specializing in mortgage servicing. The Loss Mitigation Specialist will act as the Single Point of Contact for a portfolio of non-performing assets, negotiating and implementing loss mitigation alternatives to minimize foreclosure losses.
FinanceFinancial ServicesLeasing
Responsibilities
Contributes to the progress of the department by understanding the measurements used to define success and how they can positively impact those measurements
Meets monthly individual and team goals and key performance indicators
Handles a portfolio of multiple mortgage products that are 90+ days delinquent, or have requested loss mitigation, as governed by investor, departmental and legal guidelines; minimizing the loss due to foreclosure through the use of loss mitigation options. Portfolios worked by a Loss Mitigation Specialist II are non-traditional workouts such as Short Sales, and Deeds-in-Lieu, as well as high risk customer types
Receives inbound calls and makes outbound calls to customers, attorneys, realtors and other authorized parties on the account and educates them on options available to resolve delinquencies
Understands and discusses customers’ general requirements for loan modifications, short sales, deeds in lieu, cash for keys, and consents to judgment other loss mitigation options
Analyzes specific financial situations; recommends and initiates the proper loss mitigation tool to assist each borrower
Conducts light skip-tracing activities
Reviews title searches to ensure that no title issues threaten the standing of our investor’s lien on the property
Ensures compliance with company policies and procedures
Reviews and update daily reports and accounts
Qualification
Required
Excellent attention to detail
Ability to multi-task and consistently meet multiple deadlines
Strong verbal and written communication skills
Ability to work in a team environment
Ability to use good judgment
Strong consulting and advising customer communication skills via telephone and written communication
High school diploma or general education degree (GED) required
Two to four years' related experience and/or training required
Working knowledge of and experience with Microsoft Office (Word, Excel, and Outlook)
Preferred
Associate's degree (A. A.) from two-year College preferred
GSE loss mitigation experience preferred, with specific emphasis on FHLMC and FNMA loss mitigation
Previous experience with MSP, Black Knight/LPS and Sagent preferred
Benefits
Paid Time Off (PTO)
Medical, Dental & Vision
Employee Assistance Program
Flexible Spending Account
Health Savings Account
Paid Holidays
Company paid Life Insurance
Matching 401(k) Plan
Company
Selene Finance LP
Founded in 2007, Selene was created to provide loan resolution strategies for distressed mortgage investment portfolios.
501-1000 employees
H1B Sponsorship
Selene Finance LP has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (7)
2023 (1)
2022 (4)
2021 (5)
2020 (1)
Funding
Current Stage
Late StageLeadership Team
James N. Vinci
CHIEF TECHNOLOGY OFFICER
Robert L.
Chief Financial Officer
Recent News
HousingWire.com
2025-05-17
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