Default Loan Servicing Speciaist-Foreclosure-ServiceMac

First American•Usa, SC

15h•Remote

About The Position

Responsible for managing foreclosure activities. Monitors and completes all activities, with an emphasis on activities leading up to and including the First Legal Action, in foreclosure actions in accordance with statutory compliance, regulatory compliance and company guidelines. Manages foreclosure timelines and workflow processes on files in which a foreclosure action has been initiated. Manages processes in accordance with established work rules, goals and objectives to improve timeline and attorney performance.

Requirements

High School Diploma or equivalent or combination of education and experience
3 + years of directly related experience such as Mortgage Foreclosure, Bankruptcy, and/or Legal
Good verbal and written communication skills
Strong attention to detail and ability to adhere to strict guidelines and procedures
Working knowledge of fundamental concepts, practices and procedures of foreclosure
Ability to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service
Ability to work independently and carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
Strong interpersonal skills
Self-motivated; self-starter
Ability to manage multiple tasks and respond quickly to emergent problems
Candidates selected for employment will be required to successfully complete a background check, credit check and drug screening as a condition of employment, where permitted by applicable law.

Nice To Haves

GSE and Government experience preferred
MSP and LoanSphere experience preferred
Working knowledge of computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook experience preferred

Responsibilities

Servicing mortgage accounts to ensure the foreclosure is processed in compliance with all state and federal laws, while maintaining compliance with Investor, Insurer, Agency, and company guidelines.
Ensuring the First Legal Actions are completed by the established deadlines by managing and removing impediments and requesting First Legal Action extensions as needed.
Conducting complete reviews of foreclosure files to ensure all default timeframes and regulatory and statutory compliance guidelines have been met.
Managing foreclosure proceedings on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, insurers, trustees, appraisers, and any other party involved with the foreclosure.
Monitoring attorney performance by reviewing all proceedings, records and timeframes in addition to working all system/ database activities throughout the foreclosure process.
Following up on all outstanding requests and telephone calls from internal and external partners.
Auditing accounts for expense compliance and ensuring proper application to system of record.
Performing required research on any loan with questionable items such as the application of payments and any other situation that may arise.
Reviewing and responding to audit and quality control requests.
Reporting all litigated, and class action matters to management.
Performing detailed analysis on all aspects of the assigned portfolio including performance, timelines, overall characteristics, and status to ensure compliance of the foreclosure action.
Managing exception reporting used as key controls for minimizing risk.