I know a guy who works as negotiator in a loss mitigation department of a servicer we all know. He gets $18 an hour + something like 10% of the service incentive. So when $1500 is paid to the servicer as part of the their HAFA incentive, he gets $150+....Not too shabby but yes, they are motivated.
wally pelaez > Justin BerryMarch 6, 2012 at 7:13am
Very interesting ,thanks a lot for this information.
Replies
Many get bonused for each closing over their minimum. Depends on the lender.
I know a guy who works as negotiator in a loss mitigation department of a servicer we all know. He gets $18 an hour + something like 10% of the service incentive. So when $1500 is paid to the servicer as part of the their HAFA incentive, he gets $150+....Not too shabby but yes, they are motivated.
Very interesting ,thanks a lot for this information.