Mortgage Servicing Specialist
Centralbancompany
Apply to this job Jefferson City, MO, US Until 10/3/2026 First posted August 4, 2026 Last posted August 4, 2026
Job description
Maintain knowledge of collection policies, manuals, Freddie Mac and Fannie Mae regulations and guidelines, the legalities that apply to collections, mortgage loan documents (including terms and covenants that affect collections) and the collateral security of the loan.
Retrieve delinquency reports. Make initial contact (telephone, letter or face-to-face) with mortgage loan customers whose accounts are delinquent in accordance with Company policy, Fair Credit Collection laws and secondary market guidelines. Work with customers to establish a repayment arrangement to cure delinquency. Maintain the servicing system by documenting the dates contacted, reason for delinquency, action requested and promises made by the customer. Follow-up as needed.
Request financial statements from the borrower when necessary to evaluate potential repayment and/or forbearance plans. Review information with the borrower. Counsel delinquent borrowers with credit problems and assist them in reducing their indebtedness and making full repayment to creditors thus re-establishing a satisfactory credit rating or refer them to an appropriate credit counseling organization.
Obtain and provide information to credit reporting agencies regarding payment records of borrowers and use credit bureau services as needed to collect accounts. Skip-trace customers using information obtained from loan files and credit bureaus.
Maintain an acceptable level of delinquency percentages.
Research lost and misapplied payments. Collect funds due from insufficient funds checks. Complete general ledger entries when applicable.
Review unapplied reports to determine the receipt of delinquent payments. Review and collect payments from the Return Resolution report (ACH returns) that are returned for various reasons (i.e. insufficient funds, closed accounts, etc.)
Prepare documentation for attorneys on the delinquent mortgage loan accounts that are referred for breach/right-to-cure letters.
Other duties as assigned.
Retrieve delinquency reports. Make initial contact (telephone, letter or face-to-face) with mortgage loan customers whose accounts are delinquent in accordance with Company policy, Fair Credit Collection laws and secondary market guidelines. Work with customers to establish a repayment arrangement to cure delinquency. Maintain the servicing system by documenting the dates contacted, reason for delinquency, action requested and promises made by the customer. Follow-up as needed.
Request financial statements from the borrower when necessary to evaluate potential repayment and/or forbearance plans. Review information with the borrower. Counsel delinquent borrowers with credit problems and assist them in reducing their indebtedness and making full repayment to creditors thus re-establishing a satisfactory credit rating or refer them to an appropriate credit counseling organization.
Obtain and provide information to credit reporting agencies regarding payment records of borrowers and use credit bureau services as needed to collect accounts. Skip-trace customers using information obtained from loan files and credit bureaus.
Maintain an acceptable level of delinquency percentages.
Research lost and misapplied payments. Collect funds due from insufficient funds checks. Complete general ledger entries when applicable.
Review unapplied reports to determine the receipt of delinquent payments. Review and collect payments from the Return Resolution report (ACH returns) that are returned for various reasons (i.e. insufficient funds, closed accounts, etc.)
Prepare documentation for attorneys on the delinquent mortgage loan accounts that are referred for breach/right-to-cure letters.
Other duties as assigned.
About this role
Summary
Manage delinquent mortgage accounts, contact customers, process payments, and ensure compliance.
Job title
Mortgage Servicing Specialist
Experience level
none
Industry
financial services
Location requirements
Jefferson City, MO, USA; remote not allowed
Salary
Not specified
Management role
No
Skills & keywords
Required skills
knowledge of collection policiesmortgage loan documentscredit reporting
Preferred skills
skip-tracingcredit counselinglegal documentation
Specializations
collectionsmortgage loanscredit reportingdelinquency management
Locations
Structured locations inferred from the posting.
Jefferson City, MO, USA
On-site City