This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
PENNYMAC
nPennymac (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.
nAt Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
nA Typical Day
nThe Loan Research Negotiation Specialist II will negotiate and formalize retention or liquidation workout solutions with defaulted borrowers, in an effort to avoid the completion of foreclosure and to mitigate loss to the borrower and the company. As the Specialist , you will ensure activities are in compliance with federal, state and local regulations as well as in accord with PNMAC policies and procedures.
nThe Loan Research Negotiation Specialist II will :
nnnAnalyze financial statements, loan documentation and other relevant data to determine best workout solution
n
nnConduct gain/loss analysis on loans to project any potential future loss versus the acceptance of a short sale or deed in lieu
n
nnObtain transaction approval by preparing complete package for management review
n
nnReview delinquent mortgages on a daily basis to ensure proper resolution
n
nnProcess applications needing more oversight or Investor involvement, especially applications that may involve more risk to Pennymac
n
nnPerform other duties as required and assigned
n
nnDemonstrate behaviors which are aligned with the organization’s desired culture and values
n
n nWhat You’ll Bring
nnnExperience with first and second mortgage liens and short sale/ liquidation preferred
n
nnAbility to maintain a professional demeanor and attitude while speaking with customers or conversing via email
n
nnMust be highly proficient in Excel and Word
n
n nWhy You Should Join
nAs one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical 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.
nBenefits 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:
nnnComprehensive Medical, Dental, and Vision
n
nnPaid Time Off Programs including vacation, holidays, illness, and parental leave
n
nnWellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
n
nnRetirement benefits, life insurance, 401k match, and tuition reimbursement
n
nnPhilanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
n
n nTo learn more about our benefits visit:
nFor residents with state required benefit information, additional information can be found at:
nCompensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
nnnLower in range - Building skills and experience in the role
n
nnMid-range - Experience and skills align with proficiency in the role
n
nnHigher in range - Experience and skills add value above typical requirements of the role
n
n nSome roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
nSalary
n$45,000 - $66,000
nWork Model
nOFFICE
Worksite address
moorpark, CA, 93020, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.