Negotiator sales vs loan servicing specialist

Differences between negotiator sales and loan servicing specialist duties and responsibilities

Negotiator sales example responsibilities.

• Manage the sales per FHLMC guidelines to ensure the integrity of each sale.
• Process FHA short sale loans in a high pressure environment, previously negotiate for FNMA short sales.
• Evaluate valuations of the property which includes BPO and appraisal analysis, for end of the month records.
• Evaluate economics of the property (including BPO and appraisal analysis) for month-end figures and the best marketing disposition plans
• Conduct initial file reviews and determine the specific investor guidelines, mortgage insurance guidelines, foreclosure procedures, and bankruptcy procedures.
• Maintain full delegation authority representing investors for short sale negotiation, settlement offers & deed in lieu of foreclosure liquidation solutions.
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Loan servicing specialist example responsibilities.

• Manage the non-judicial and judicial FNMA foreclosure portfolio.
• Time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
• Coordinate and schedule settlements upon final loan approval and review HUD-1 for reconciliation of itemize financial data.
• Train new hires in the MSP system to ensure they understand how to gather data and for escrow analysis.
• Prepare internally generate commercial loan documentation for all states the organization does business in.
• Work with LIS, LPS, and ESO program.
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