Senior Closer
Webster Bank

Southington, Connecticut

This job has expired.

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work.

Summary of Role/Responsibilities

This incumbent will focus on drafting documents for approved workouts to ensure a timely resolution for clients facing hardship and requesting loss mitigation assistance. Borrower contact will be required. There are other various functions in this position to support the loss mitigators as needed. Attention to detail is vital for this role.

  • Draft restated notes, loan modifications and deferment agreements
  • Prepare packages for mailing to borrowers for execution
  • Upon receipt of executed documents, validate all signatures have been completed, dated, and notarized in order to book the workout and send for recording
  • Process payment reversals to ensure modification system changes are processed accurately as needed
  • Send partial claims to FHA vendor and track to ensure FHA vendor's receipt of recorded partial claims documents
  • Mail accurate and executed loan modification documents to clients, borrowers, and investors as needed
  • Submit all required documents to Claims department
  • Complete post-closing QC to ensure all required settlement documents are packaged together and sent to imagine system
  • Work diligently with Attorneys and/or vendors for recordings as needed
  • Communicate with multiple departments within and outside of Restructure & Recovery
  • Perform additional QC functions as assigned by Loss Mitigation Supervisor
  • Cross train with Loss Mitigation Intake to ensure appropriate coverage should volume rise
  • Assist Collections on call campaigns as needed
  • All other duties assigned by Loss Mitigation Supervisor
  • High School / GED required.
  • Some college preferred - Business or Management
  • 2 -- 4 years of related experience -- previous Mortgage and Consumer closing, loss mitigation and/or collections experience in a loan servicing environment including FNMA, FHLMC, CHFA, and HUD products


This job has expired.

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