Default Analyst - Foreclosure

Valon Mortgage

4d

About The Position

The Default Analyst- Foreclosure role will be responsible for monitoring foreclosure cases relative to the accuracy and timeliness of residential mortgage loans within foreclosure, in accordance with applicable federal, state, and/or investor requirements. They will effectively collaborate and communicate with support groups within the default group to ensure optimal outcomes. Finally, this Senior Specialist should feel comfortable performing all duties in accordance with the company’s policies and procedures, investor requirements, and US state and federal laws and regulations.

Requirements

• 5+ years of end-to-end foreclosure experience in the mortgage/banking space
• Keen understanding of the foreclosure process and the differences between judicial and non-judicial proceedings
• Full understanding of GSE (FNMA/FHLMC) and Government (GNMA) FHA/VA regulations/guidelines
• Strong communication skills, proficiency in the use of computers and software, attention to detail, persistence, and prioritizing
• The ability to multitask and follow mortgage-servicing guidelines accurately is imperative.
• Assist with special projects and other duties as assigned.
• Minimum education requirement: High school diploma or GED equivalent required

Responsibilities

• Maintain, review, follow up, and ensure timely and accurate completion of all regularly scheduled steps, including outstanding/late steps, within the foreclosure tracking template on a daily basis.
• Obtain approval for and properly manage any outstanding or upcoming events/tasks, including, but not limited to, completing steps within deadlines and ensuring the accuracy of dates entered.
• Communicate with assigned attorneys/trustees via vendor tracking software regarding delays and/or pending inquiries.
• Utilize all applicable tools available to effectively manage the pipeline, system of record, and vendor tracking software.
• Ensures all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fee schedules.
• Properly maintain the system of record and/or vendor tracking software to ensure proper notification/reporting to investors, clients, borrowers, state, and/or federal/government agencies during foreclosure.
• Review future and upcoming sales, no less than five days prior to the scheduling of the sale, to ensure all requirements are met.
• Dispose of and complete foreclosure sales and follow up on sale proceeds within respective judicial or non-judicial proceedings.
• Process all instructions for posting of funds within SLAs, ensuring timely and accurate instructions if/when funds or proceeds are received.
• Other duties as assigned

Benefits

• Compensation: competitive salary and 401 (k) plan
• Health & well-being: we’ll invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits
• Food & meals: in-office snacks and drinks, and Bagel Fridays
• Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.
• Grow together: Company-wide orientation for you to successfully onboard and other learning & development opportunities, including regular review cycles that feature 360-degree feedback
• Generous time off: 17 days paid time off, sick days, and 11 company holidays
• Baby bonding time!: 12 weeks off for both birthing and non-birthing parents - fully paid, so you can focus your energy on your newest addition

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED