MORTGAGE LENDERS

Homeowner Reemployment:
Helping borrowers get back on track.

We believe that lenders can find the win-win of helping their borrowers land jobs and careers that help them be financially sound.

NextJob launched its Homeowner Reemployment service—the first of its kind in the mortgage lending industry—to help financial institutions find a more powerful way to avoid foreclosures: by delivering a three-part job search service that includes one-on-one job coaching, skills based software training and weekly job club offering the best tools in motivation, education and connection we are helping unemployed homeowners find jobs.

The Problem

Loan modifications and payment deferrals are short-term solutions that only address the symptoms of mortgage distress.

The Solution

Help borrowers land jobs. Proactive lenders have an opportunity to bolster their bottom lines while cementing their relationships to an extent they may have never thought possible.

Half of all defaults are due to unemployment.

What’s in a Job Search Package?

Studies show that job seekers are 60% more likely to land a job with the right help.
And we’ve designed our job search packages with three powerful elements of the right help.

icon_landing_oneononeOne-on-One On Demand Job Coaching

A job coach is like a personal trainer for your career. Coaches help job seekers:

  • Craft and fine tune a resume, 30 sec. commercial, social media profile, etc.
  • Choose a career direction to best tap their talents and background
  • Stay focused, accomplish goals and interview with confidence

icon_landing_onlineOnline Proven Job Search Training System

Things change. Job boards, social media sites, resumes… Our system provides:

  • Tools and exercises to help be prepared, including a resume builder
  • Today’s networking tricks to tap the 50% of jobs that are “hidden”
  • Guidance to the top job boards and how to use them

icon_landing_jobseekersWeekly Job Club Webinar

Each week our JobTalk webinars dive into a key topic so job seekers can:

  • Hear experts discuss best practices and leading trends you need to know
  • Participate in group learning, share and hear from others
  • Download recordings to listen too demand

Take a tour of our approach

When it’s a loan structure issue, you can deal with that, but when it’s an unemployment issue, unless you go out and find them a job there’s not much you can do…eventually, that loan will go into foreclosure.

says Jay Brinkman, Chief Economist for the Mortgage Bankers’ Association.

WHY IT WORKS

Proven Track Record

We brought reemployment solutions to the lending industry with award winning Homeowner Reemployment.

LEARN MORE

More Personal Coaching

Compassionate and effective coaches specially chosen to match each job seekers needs.

LEARN MORE

Brand Building

Bringing better solutions to banking customers to help them build financial security.

2
people have been looking for work for more than 27 weeks

Homeowner
Reemployment
White Paper

Partnering With Lenders to Help
Homeowners Stay in Their Homes
– Voice of America TV

Homeowner
Reemployment
Case Study

The average foreclosure loss is over $50,000

“Fifth Third Aims to Stem Foreclosures by Focusing on Jobs” – American Banker

Fifth Third Bank Homeowner Reemployment Initiative – Winner of BAI-Finacle Global Banking Innovation Awards for Societal and Community Impact

“Attacking Foreclosure at its Roots” – Default Servicing News

With NextJob, we immediately recognized an opportunity to go the extra mile to assist our customers. This is specific, one-on-one training that helps people identify their transferable skills and re-gain the financial stability of a new job.

- Steven Alonso, Executive Vice President and head of the Consumer Bank Fifth Third Bancorp

Well, I don’t think I could have found such a great job if it hadn’t been for all of your support and the training from the NextJob classes.

Kathryn

Thank you! It is beyond words my appreciation. I once thought I would lose my home, but now have hope. I love my home and now my lender too! A foreclosure would have been a loss for me and the lender. I have been in my home and a great customer for almost 15 years.

Borrower

Find out what people are talking about.

 

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