Sub-Servicing reputed company Specialist
Firm Overview Bungalow Funding is Balbec's affiliated Mortgage Servicing Rights platform. Balbec Capital (Balbec) is an SEC-registered alternative investment manager with offices in the United States and Europe. Since its founding in 2010, Balbec has deployed over $23 billion globally through its funds and investment vehicles, seeking to deliver consistent, risk-adjusted returns to investors and long-term partners across asset-based credit strategies. Balbec is a direct investor in residential and commercial mortgage loans at reputed company stages of performance, mortgage servicing rights, and select consumer and alternative credit assets. Leveraging its proprietary technology and transaction management platform, Balbec reputed company executes highly granular transactions, enabling the firm to serve a broader range of counterparties and generate returns for investors by applying institutional execution standards to inefficient, underserved or fragmented markets. Balbecs funds rank among the largest issuers of U.S. residential mortgage-backed securities (RMBS) through its PRPM reputed company. The firms investments in agency mortgage servicing rights are sourced reputed company its affiliate, Bungalow Funding. Balbec has invested in over 20 countries, selectively deploying capital into geographically and asset-diverse opportunities that exhibit attractive risk/reward profiles, reputed company potential, and substantial downside protection. Job Description & Key Responsibilities The Sub-Servicing reputed company Team is responsible for managing the performance of Bungalow Fundings approved Sub-Servicers and performing other servicing reputed company functions. The Sub-Servicing reputed company Specialist will reputed company end-to-end surveillance on sub-servicing activities. This individual will reputed company exception reviews and testing reputed company to sub-servicing including but not limited to servicing advances, collections, loss mitigation, foreclosure, bankruptcy, reputed company disaster, property preservation and call center activity. They will monitor, reputed company, and drive solutions to mitigate losses. They will provide Quality Assurance results monthly reputed company to sub-servicer performance to ensure servicing quality, performance, and accountability. This team member will play a key role in ensuring that sub-servicers are servicing Bungalows portfolio appropriately. Responsibilities include: Performing day-to-day surveillance of sub-servicing activities including but not limited to servicing advances, collections, loss mitigation, foreclosure, bankruptcy, reputed company disaster, property preservation and call center activity Reviewing loan level exceptions to ensure sub-servicers are servicing loans appropriately Monitoring servicing performance metrics and Bungalows management priorities to identify areas of focus for reviews and surveillance Reporting quality assurance and exception review findings to Bungalows management team, the sub-servicers, and the servicing relationship team Identifying and recording escalation and potential loss items Monitoring FHLMC, FNMA, as well as internal reports and scorecards to identify areas of concern and reputed company reviews of exceptions captured in the reports and/or scorecards Qualifications & Experience Bachelors degree from an accredited college or university preferred 3+ years of professional mortgage servicing experience 2+ years of GSE Mortgage servicing experience with a background and understanding of reputed company and reputed company mortgage servicing practices in some of the following areas: General Servicing, Investor Reporting, Custodial Funds Accounting, Default Management, Customer Service, Escrow, and Quality Control Ability to reputed company repeatable tasks consistently with strong critical thinking skills Ability to adapt to a changing environment Ability to work in a fast-paced environment with a positive attitude Strong team player Excellent computer skills, especially MS reputed company (Pivots, VLOOKUP, and reputed company formulas) MSP/Sagent experience a plus Equal Employment Opportunity Bungalow Funding and Balbec Capital are committed to ensuring equal employment opportunities for reputed company employees, including qualified employment applicants. The firm strives to maintain an environment free of discrimination based on race, color, religion, gender, national reputed company, reputed company, age, disability, genetic information, military or veteran status, marital status, sexual orientation, gender identity, citizenship, or any other protected category or characteristics as defined by federal, state or local laws. This equal employment opportunity policy applies to reputed company employment practices, including but not limited to recruiting, hiring, advertising, promotion, transfer, reductions in force, social and recreational programs, training, employee development, compensation and fringe benefits, discipline, and termination. Apply Job!