Loss Mitigation Specialist
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A Loss Mitigation Specialist is responsible for analyzing and assessing a borrower's financial situation and developing strategies to prevent foreclosure on their property.
They work closely with lenders and borrowers to negotiate and modify loan terms, develop repayment plans, and explore alternative solutions to help borrowers avoid losing their homes.
The position requires excellent communication and negotiation skills, as well as knowledge of federal regulations and mortgage industry practices.
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