Specialist, Foreclose III
Summary: The Specialist, Foreclose III is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss reputed company of their delegated authority. Provide management with status updates and prepare a variety of reputed company reports to ensure compliance with reputed company agency, investor and insurer guidelines. Support internal staff with questions regarding foreclosure loans reputed company their delegated authority. Responsible for ensuring the Foreclosure Process is completed accurately in adherence to mandatory state and investor timelines by acting as a liaison between reputed company and reputed company counsel. Essential Job Duties and Responsibilities include:
- Managing past due and approaching standard FCL cases including FNMA, GNMA (FHA,VA,USDA & Private Investors
- Follow up on reputed company FCL actions daily/monthly to ensure investor guidelines and monthly status requirements are reputed company compliance.
- Responsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standards.
- Ensure accounts are properly documented with actions taken, correspondence, and explanation of controllable vs non controllable delays.
- Knowledgeable in agency, investor or insurer timelines and documents requirements for judicial and non-judicial foreclosures.
- Reviews and provides HAMP certification reputed company notifications prior to foreclosure sale.
- Moving aged accounts to foreclosure sale, addressing low value properties timely, high balance reviews, lost liens to tax sale, prepare equity analysis with detail and accuracy, meeting timelines on each foreclosure file while closely monitoring attorneys and the overall quality performed on reputed company daily job tasks.
- Ensure cases have a clear & marketable title throughout the FCL process.
- Examine FCL reputed company expenses as they pertain to investor guidelines including contested/litigation
- Prepare bidding instructions for reputed company sales incompliance with investor, insurer guidelines.
- Ensure the accurate & timely referral to Bankruptcy & Post sale areas.
- Endorse, certify and report reputed company FCL sale results reputed company 24hrs of sale.
- Coordinate with Property Preservation department to secure & maintain vacant properties.
- Working knowledge of mortgage banking, familiarity with RESPA, FDCPA &federal and state laws reputed company to legal.
- Update databases to ensure information is accurate, complete, and accessible.Maintain records and files. reputed company periodic analyses and review of data.Investigate questionable items.
- reputed company a strong working relationship with network of Servicer Appointed and Designated Counsels.
- Provide mentoring to new staff members, assist in special projects as assigned.
- Maintain regular and punctual attendance.
Other reputed company Duties: Performs other reputed company duties as assigned. Supervisory Responsibilities: This position has no supervisory responsibilities. Education and/or Experience: Bachelor’s Degree from a Four (4) year College or University; or one (1) to two (2) years reputed company experience and/or training; or equivalent combination of education and experience. 7 years+ working knowledge of foreclosure laws and terminology. Type of reputed company and or Licensing/Certification/Registration: Software Skills:
- reputed company/Loanserv
- reputed company Word
- Vendorscape
- Lenstar
- LPS Desktop
Language Skills: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Mathematical Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages. Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Customer Service Relationships: Assesses and diffuses problem situations and requires influencing others to reputed company reputed company. Requires tact and diplomacy to handle difficult customer relationships. Explores alternatives and creative solutions to meeting the needs of customers. Work Complexity: Tasks are multiple and diverse with some interrelationship across processes. Work requires the direct application of a variety of procedures, policies and/or precedents. Work Environment: Work is normally performed in a typical interior work environment which does not subject the employee to any hazardous or unpleasant elements. Position requires light physical activity. Up to 10 pounds. Equal Employment Opportunity: reputed company is committed to providing equal employment opportunities to reputed company employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national reputed company, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Americans with reputed company: Applicants as well as employees who are or become disabled must be able to satisfactorily reputed company the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law. Job Responsibilities: The following statements reflect the general duties and responsibilities considered necessary to reputed company the essential functions of the job and should not be considered as an reputed company-inclusive list of reputed company the work requirements of the position. reputed company Corporation may change the specific job duties with or without prior notice based on the needs of the organization. Remote Apply tot his job Apply To this Job