Loan Research Negotiation Specialist II

About the role

A Typical Day The Loan Research Negotiation Specialist II will negotiate and formalize retention or liquidation workout solutions with defaulted borrowers, in an effort to avoid the completion of foreclosure and to mitigate loss to the borrower and the company. As the Specialist, you will ensure activities are in compliance with federal, state and local regulations as well as in accord with PNMAC policies and procedures.

Responsibilities

• Analyze financial statements, loan documentation and other relevant data to determine best workout solution
• Conduct gain/loss analysis on loans to project any potential future loss versus the acceptance of a short sale or deed in lieu
• Obtain transaction approval by preparing complete package for management review
• Review delinquent mortgages on a daily basis to ensure proper resolution
• Process applications needing more oversight or Investor involvement, especially applications that may involve more risk to Pennymac
• Perform other duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Requirements

• Experience with first and second mortgage liens and short sale/liquidation preferred
• Ability to maintain a professional demeanor and attitude while speaking with customers or conversing via email
• Must be highly proficient in Excel and Word

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

For more details, visit: Pennymac Benefits Overview and State‑specific benefit information.

Pay

Salary range: $45,000 – $66,000. Compensation may vary based on role, geographic location, experience, and performance; eligibility for performance‑based and stock‑based incentives.

Work Model: OFFICE