Default Risk Specialist

LoanCare•,

1d•Remote

About The Position

LoanCare, a top provider in the mortgage services industry, is seeking a Default Risk Specialist to join their team. This role is ideal for an individual with a solid work history in the mortgage or real estate industry who enjoys working with clients, is detail-oriented, and can meet tight deadlines in a fast-paced environment. This is an opportunity to advance your career and be part of a significant organization.

Requirements

High School Diploma or equivalent required.
Paralegal certificate, legal experience and/or 4+ years default and title curative experience.
Previous Default servicing experience.
Knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure.
Ability to audit and analyze work outputs by interpreting government agency and department guidelines/standards.
Advanced analytical skills, ability to analyze problems and provide the appropriate solution.
Strong professional and interpersonal communication skills verbally and through written electronic correspondence.
Advanced problem solving, multi-tasking and organizational skills with strong attention to detail.
Ability to read legal terms and conditions and understands their meaning and how it applies to work processes.
Ability to analyze data and make recommendations on how to improve trends.
Ability to maintain strict confidentiality.
PC skills including (but not limited to) advanced Word, Excel, Access, Internet, MSP (LPS/Fidelity) application skills.
Ability to meet strict deadlines and take direction.
Proven ability to prioritize workflow during high volumes and within critical time frame.
Self-starter who is able to work in a fast paced, multi-faceted environment.
Previous experience with working with attorneys and negotiating settlements.
Previous experience in monitoring activity of multiple accounts assigned to outside counsel.
High-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS.

Nice To Haves

Bachelor’s degree preferred.

Responsibilities

Monitor and resolve litigated matters and those requiring title curative action related to delinquent loans.
Accountable for case management and analysis to determine case merit and assign monetary risk to the company.
Assist counsel in the facilitation of strategy to be used in resolving matters that are consistent with applicable law and investor guidelines.
Update the system of record and reports with current information on the status of the litigation/title curative, strategy currently used, and upcoming critical events, and dates.
Responsible for reporting and discussing loans with senior management and clients.
Identify trends in assigned portfolio that are the result of process gaps and provide recommendations to remedy to department leadership.
Adhere to investor guidelines in the handling of assigned portfolio.
Communicate in a professional manner with attorneys, senior management, clients, and title companies.
Respond to all inquiries from management and/or the client, as well as present recommendations for resolution.
Attend hearings, trials, and depositions on behalf of the company. Travel could exceed 50%.
All other duties as assigned.