Loss Mitigation Senior Director

Welcome to Freddie Mac, where we are dedicated to making home possible for millions of families across the country. As a Loss Mitigation Senior Director, you will play a critical role in our mission by leading the development and implementation of strategies to mitigate financial losses on mortgage loans. We are seeking a highly skilled and experienced professional to join our dynamic team and drive our loss mitigation efforts to new heights. If you have a strong understanding of mortgage servicing, exceptional leadership abilities, and a passion for helping people keep their homes, we want to hear from you. Join us and make a meaningful impact on the lives of countless individuals and families.

1. Lead the development and implementation of strategies to mitigate financial losses on mortgage loans.
2. Develop and maintain relationships with key stakeholders, including investors, servicers, and government agencies.
3. Analyze market trends and data to identify areas for improvement and implement changes to enhance loss mitigation efforts.
4. Provide guidance and support to team members to ensure effective execution of loss mitigation strategies.
5. Collaborate with cross-functional teams to develop and implement loss mitigation policies and procedures.
6. Monitor and track loss mitigation performance metrics and provide regular updates to senior management.
7. Utilize knowledge of mortgage servicing regulations and guidelines to ensure compliance with all relevant laws and regulations.
8. Stay informed about industry developments and trends related to loss mitigation and incorporate best practices into the company's strategies.
9. Develop and maintain a strong understanding of Freddie Mac's products, services, and processes related to loss mitigation.
10. Foster a positive and inclusive work environment that encourages teamwork, collaboration, and continuous learning.
11. Represent Freddie Mac in industry events and conferences related to loss mitigation.
12. Manage and allocate resources, including budget and staffing, to effectively support loss mitigation efforts.
13. Train and mentor team members to enhance their skills and knowledge in loss mitigation practices.
14. Monitor and assess the effectiveness of loss mitigation strategies and make recommendations for improvement.
15. Ensure timely and accurate reporting to senior management on loss mitigation activities and results.

According to JobzMall, the average salary range for a Loss Mitigation Senior Director is between $120,000 and $180,000 per year. This can vary depending on factors such as the company, location, and years of experience.

Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities.