• Administers the loss mitigation, remedy enforcement and liquidation tasks for an assigned portfolio of geographically diverse, non-performing, commercial/business purpose mortgage loans • Initiate contact with defaulted commercial loan borrowers to identify default reason and resolution plan • Assess borrower financial situation, property operations and property conditions • Review commercial loan documents for borrower requirements and lender remedies • Prepare/verify calculations for legal demands • Negotiate workouts with borrowers within acceptable lender client parameters • Structure terms for loan modifications and forbearance agreements as needed • Review property valuation reports from appraisers, brokers, market sources, etc. • Review collateral property inspections • Prepare written business plans describing reasons for default, enforcement options, alternative strategies, and servicer recommendations • Direct and monitor third-party vendors, including attorneys, inspectors, appraisers, property managers, etc. • Provide instructions for posting and disbursement transactions • Maintain current and accurate status reports on all assigned assets • Support Commercial Primary Servicing representatives in borrower outreach efforts, market analysis and investor inquiries • Comply with all Company requirements for training, compliance, audits and reporting