Mortgage Collector Salary in Rhode Island

A Mortgage Collector is responsible for contacting individuals who have fallen behind on their mortgage payments and working with them to bring their accounts up to date. This may involve making phone calls, sending letters, and negotiating payment plans. Mortgage collectors must have strong communication and negotiation skills, as well as a thorough understanding of mortgage laws and regulations. They must also be able to work with individuals who may be experiencing financial hardship and be empathetic to their situations. Additionally, mortgage collectors may be responsible for documenting all communication and maintaining accurate records of payment arrangements.