Stretto Logo

Stretto

Mitigator III - DEFAULT MITIGATION MANAGEMENT

Posted Yesterday
Be an Early Applicant
Remote
Hiring Remotely in United States
65K-80K Annually
Mid level
Remote
Hiring Remotely in United States
65K-80K Annually
Mid level
Manages mortgage modification cases from intake through resolution, including borrower interviews, document validation, loss mitigation submissions, portal administration, deadline tracking, conferences, compliance documentation, court filings, and trial modification oversight. Maintains confidential case records, prepares reports, identifies noncompliance, coordinates with legal and financial stakeholders, and trains team members on procedures and quality standards.
The summary above was generated by AI
Summary

The Mitigator III manages mortgage modification program cases from intake through final resolution. This role gathers and validates borrower and case information, prepares and reviews loss mitigation submissions, administers Portal activity and deadlines, facilitates communications and conferences, documents compliance, prepares required reports and court filings, and maintains complete and confidential case records. The Mitigator III serves as a knowledgeable, neutral point of coordination for borrowers, counsel, creditors and servicers, trustees, and the Court, while training and supporting team members in established procedures.

Essential Duties and Responsibilities

1. Manage assigned mortgage modification program matters from intake and case setup through final resolution.

2. Schedule and conduct client interviews; gather and validate required bankruptcy, household, employment, income, expense, and mortgage information; and assist with applications, questionnaires, and forms.

3. Review data and supporting documentation for completeness, accuracy, and currency, and promptly resolve missing, stale, inconsistent, or incorrect information.

4. Prepare, assemble, and quality-control Initial MMP Packages and other loss mitigation submissions; upload documentation through the Portal; and coordinate required notices and court filings.

5. Apply MMP rules, procedures, forms, deadlines, participant responsibilities, creditor documentation requirements, and available loss mitigation options when guiding participants and administering cases.

6. Support access to and use of the Court-approved Portal and Document Preparation System, troubleshoot workflow questions, and create or update user guides and support materials.

7.  Monitor Portal communications, case activity, participant obligations, and case-specific deadlines, taking appropriate action to keep each matter progressing toward a decision.

8. Prepare for, schedule, and conduct MMP conferences as needed; coordinate with parties and counsel; issue required advance notice; and document conference activity in the Portal.

9. Identify and objectively document non-compliance, preserve supporting evidence, prepare required certificates and reports for Court review, and escalate delays, unresolved disputes, or failures to prosecute.

10. Monitor trial loan modifications through execution of a final modification or denial, maintaining appropriate Portal access and case oversight throughout the trial period.

11. Maintain complete and confidential case notes, ECF updates, status records, reports, correspondence, and other program documentation; coordinate with approved outside professionals when directed.

12. Train, coach, and supervise team members on assigned procedures, quality standards, and workflows, and maintain supporting process and training documentation.

13. Work independently, manage a high-volume caseload and competing deadlines, support required operating coverage, and complete assigned projects and operational reporting.

Education and/or Work Experience Requirements
  • College degree required.
  • Professional experience working with attorneys, courts, creditors and servicers, trustees, customers, and other stakeholders.
  • Mortgage loss mitigation knowledge is essential; prior experience as a Loss Mitigation Specialist is preferred.
  • Bankruptcy, legal support, court-program, mediation-program, paralegal, or comparable regulated case-administration experience is strongly preferred.
  • Demonstrated experience managing deadlines, case workflows, document exchanges, quality-control review, and electronic court filing or docket-review processes, including ECF/PACER-related workflows.
Knowledge, Skills, and Competencies
  • Advanced knowledge of mortgage loss mitigation, including loan modification, refinance, forbearance, short sale, surrender, mortgage financial instruments, income validation, documentation requirements, and program eligibility terms.
  • Working knowledge of Chapter 13 bankruptcy and MMP procedures, with the ability to interpret and follow Court orders, local procedures, deadlines, and required forms.
  • Ability to remain neutral, professional, and process-focused while communicating procedural requirements clearly to consumers, attorneys, creditors and servicers, trustees, and the Court.
  • Exceptional case-management skills, including deadline tracking, documentation control, quality assurance, issue escalation, and management of a high-volume caseload.
  • Strong judgment and attention to detail, including the ability to identify non-compliance, document facts objectively, and prepare accurate court-facing reports and compliance documentation.
  • Proficiency with Microsoft Office, Adobe Acrobat or equivalent PDF software, electronic document management, the Portal, and related case-management systems.
  • Ability to train, coach, and supervise others and to develop and maintain procedure guides, training materials, and user support documentation.
  • Self-directed and accountable, with the ability to prioritize competing demands, meet deadlines, and work effectively across required operating hours.

 

Why Join Stretto?

At Stretto, you’ll be part of a collaborative team that’s dedicated to innovation, excellence, and growth. You’ll have the opportunity to shape the direction of a rapidly expanding business unit while making a direct impact on the legal community.

 

The Company’s salary ranges are determined by role, level, location and alignment with market data. Individual pay is determined through interviews and an assessment of various factors, including job-related skills, relevant education and experience, abilities of the applicant, and equity with other team members. The salary range listed here is subject to change at any time, at the Company’s discretion, and does not alter in any way the at-will nature of the employment relationship.

 

Stretto offers a competitive and comprehensive benefits package, along with opportunities for growth. We are an equal opportunity employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, marital status or any other characteristics protected by law.

Similar Jobs

56 Seconds Ago
Remote
USA
Junior
Junior
Insurance • Financial Services
Supports sales teams and broker partners through prospecting, quoting, proposals, enrollments, renewals, RFPs, licensing, and producer appointments. Maintains pipeline and process tracking, coordinates with internal teams and third-party administrators, responds to product inquiries, supports broker training, and manages Salesforce records. The remote role may require occasional travel of less than 10% for open enrollment meetings.
Top Skills: ExcelMicrosoft Office SuiteOutlookPowerPointSalesforceTableauWord
12 Minutes Ago
Remote or Hybrid
50K-83K Annually
Junior
50K-83K Annually
Junior
Artificial Intelligence • Big Data • Cloud • Information Technology • Machine Learning • Software
Launch a professional services consulting career by engaging enterprise customers, leading workshops, translating needs into solution designs, configuring Nexthink deployments, and building dashboards, alerts, investigations, and automations. The role analyzes endpoint data, troubleshoots issues, supports customer adoption, documents solutions, and develops consulting, technical, communication, and customer-management skills through mentorship and training.
Top Skills: AnalyticsAPIsDashboardsDigital Employee Experience (Dex)End-User Computing (Euc)Endpoint ManagementNexthinkScriptingWindows
13 Minutes Ago
Remote or Hybrid
50K-83K Annually
Junior
50K-83K Annually
Junior
Artificial Intelligence • Big Data • Cloud • Information Technology • Machine Learning • Software
Launch and configure Nexthink solutions for enterprise customers, translating business needs into use cases, dashboards, investigations, alerts, automations, and solution designs. Lead customer workshops, analyze endpoint data, troubleshoot issues, guide adoption, document configurations, and build consulting expertise through mentorship and hands-on training.
Top Skills: APIsDigital Employee Experience (Dex)End-User Computing (Euc)Endpoint ManagementNexthinkScriptingWindows

What you need to know about the Los Angeles Tech Scene

Los Angeles is a global leader in entertainment, so it’s no surprise that many of the biggest players in streaming, digital media and game development call the city home. But the city boasts plenty of non-entertainment innovation as well, with tech companies spanning verticals like AI, fintech, e-commerce and biotech. With major universities like Caltech, UCLA, USC and the nearby UC Irvine, the city has a steady supply of top-flight tech and engineering talent — not counting the graduates flocking to Los Angeles from across the world to enjoy its beaches, culture and year-round temperate climate.

Key Facts About Los Angeles Tech

  • Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
  • Key Industries: Artificial intelligence, adtech, media, software, game development
  • Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
  • Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account