Loan Default Single Point of Contact

The Loan Default Single Point of Contact is responsible for coordinating Loss Mitigation and Default activities including Foreclosure and Bankruptcy. This position will review the loss mitigation workout options for Default Members including Payment Deferrals, Modification, and Liquidation options. Additionally, they will coordinate Foreclosure and Bankruptcy processes with attorneys and other departments within the Firm as necessary during the Loss Mitigation process and will ensure that actions are properly documented and recorded while maintaining and adhering to the Loss Mitigation timeline.