Summary
Overview
Work History
Skills
Education Training
Timeline
Generic

Matthew Salomone

Burleson,TX

Summary

Seeking opportunity to advance and expand my knowledge Finance Industry

I have experience in Loss Mitigation, SPOC, Short Sales, Deed in Lieu and Settlements as well as modification fulfillment and contract recovery. I have excellent verbal and written communications skills and can be trusted to consistently meet or exceed departmental goals and standards.

Overview

20
20
years of professional experience

Work History

Modification Fulfillment Specialist

Mr. Cooper
  • Negotiate settlements on liens and judgments as needed
  • Modification Fulfillment Responsibilities – confirm trial payments have been made and that all required supporting documents have been received and imaged
  • Experience with Freddie Mack, VA and FHA HAMP, Flex and Government Mods.

Contract Recovery Specialist

Mr. Cooper
  • Review fees that were paid by Mr
  • Cooper post servicing transfer to determine if the investor or prior servicer was responsible and submit claims as needed.

Homeowner Support Specialist

CitiFinancial Mortgage
  • Single Point of Contact “SPOC”, managed a diverse portfolio of up to 200 consumer home loans consisting of FNMA, FHMC, FHA, VA, GNMA and Corporate risk accounts both 1st and 2nd liens as well as HELOC
  • Working directly with homeowners, realtors, authorized third parties and /or legal representation
  • Determined best retention tool to assist clients based on current income level, income to debt ratio and employment status
  • Primarily utilized modification and forbearance repayment plans to assist clients who are experiencing a long-term reduction in income or a short-term financial hardship.

Deed in Lieu Negotiator

Mr. Cooper
03.2016 - 10.2023
  • Responsible for servicing a mixed portfolio of VA, FHA and Freddie Mack loans that have been submitted for Deed in Lieu
  • Review and validate reason for default and inability to pay using credit reports
  • Process detailed income and expense analysis to better understand customers’ finances
  • Worked directly with clients and attorneys to assist in facilitating the deed in lieu process.

Short Sale Negotiator

CitiFinancial Mortgage
06.2003 - 06.2015
  • Responsible for servicing a mixed portfolio of first and second lien investor and mortgage accounts that have been submitted for Short Sale, Settlement or Deed in Lieu
  • Worked directly with clients, realtors, brokers and attorneys to complete the short sale process
  • Perform calculations to determine acceptable offers to negotiate acceptable offer that meet both corporate risk and investor expectations minimizing loss
  • Work with MI and PMI companies to obtain approvals and obtain promissory notes when needed
  • Negotiate an acceptable offer that meets both corporate risk and investor expectations minimizing loss.

Skills

  • LSAMS
  • AS400
  • Equator
  • Remedy
  • VALARIE
  • Proficient in MS Word, Excel, PowerPoint and 10 key by touch, typing 40 to 50 wpm

Education Training

  • Poway High school (Graduate)
  • Louis F Garland Fire Academy San Angelo Texas
  • United States Air Force - Certified Federal Fire Fighter (1997-2003)
  • United States Army - Tactical Command Communications Specialist (1993-1997)

Timeline

Deed in Lieu Negotiator

Mr. Cooper
03.2016 - 10.2023

Short Sale Negotiator

CitiFinancial Mortgage
06.2003 - 06.2015

Modification Fulfillment Specialist

Mr. Cooper

Contract Recovery Specialist

Mr. Cooper

Homeowner Support Specialist

CitiFinancial Mortgage
Matthew Salomone