CWCOT Specialist I

Rocket Mortgage•Lake Vista, TX

10d•Hybrid

About The Position

As a CWCOT (Claims Without Conveyance of Title) Specialist I, you will be responsible for managing and coordinating all duties and tasks within a portfolio of assets for clients through Auction/REO/Foreclosure/Short Sale services. This hybrid role requires working in the office on Tuesdays and Wednesdays at the Lewisville location. Candidates must be local to DFW, TX to be considered.

Requirements

Minimum of 2 years of related professional level work experience or equivalent combination of education and related work experience.
Strong verbal and written communication skills.
Ability to multitask, prioritize, and manage time effectively in a fast-paced environment.
Strong problem-solving skills and attention to detail.
Must be local to DFW, TX to be considered.

Nice To Haves

Bachelor’s Degree preferred

Responsibilities

Oversee and coordinate all Claims Without Conveyance of Title (CWCOT) tasks within an assigned portfolio of assets.
Manage properties through auction, REO, foreclosure, and short sale processes to ensure efficient liquidation.
Monitor pre-foreclosure and post-foreclosure property statuses to maximize successful sales.
Ensure timely execution of CWCOT sales strategies in alignment with client objectives.
Act as the primary liaison for CWCOT clients, servicers, asset managers, and investors.
Provide guidance on bidding thresholds, pricing strategies, and auction timelines to maximize asset performance.
Collaborate with internal teams, including auction operations, compliance, and legal, to ensure smooth transactions.
Coordinate with auction teams to facilitate online and live property auctions for CWCOT assets.
Ensure properties are marketed effectively to drive buyer interest and competitive bidding.
Oversee offer reviews, contract negotiations, and closing procedures to ensure compliance with client and regulatory requirements.
Ensure all transactions comply with HUD, FHA, and investor regulations governing CWCOT properties.
Stay updated on industry guidelines, foreclosure laws, and regulatory changes impacting CWCOT sales.
Work closely with compliance teams to mitigate risk and resolve regulatory issues.
Track and analyze key performance metrics (KPIs) related to auction success rates, conversion rates, and client satisfaction.
Generate reports and provide insights on portfolio performance, market trends, and process improvements.
Identify opportunities to enhance efficiency and maximize CWCOT liquidation rates.