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Senior Mortgage Collections & Loss Mitigation Specialist

Job in Westland, Wayne County, Michigan, 48186, USA
Listing for: University Lending Group
Full Time position
Listed on 2026-09-07
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Loan Servicing
Salary/Wage Range or Industry Benchmark: 45000 - 65000 USD Yearly USD 45000.00 65000.00 YEAR
Job Description & How to Apply Below

University Bank in Michigan seeks a Senior Loan Counselor to manage loans 30+ days past due and guide borrowers through loss mitigation options. You will maintain proactive communication to support collections and reduce default risk, while complying with investor and regulatory requirements.

Responsibilities include negotiating repayment plans, documenting actions, and coordinating with investor contacts to optimize recovery and preserve portfolio value.

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Position Requirements
10+ Years work experience
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