Foreclosure Specialist I (On-site)

Newrez • Tempe, AZ

2d • Onsite

About The Position

The Foreclosure Specialist I monitors and processes accounts in the foreclosure process. The role manages a pipeline of foreclosure loans to support timely processing and adherence to investor, insurer, client, company, and departmental requirements. The specialist works with foreclosure counsel, attorney firms, and vendors, and completes reviews, calculations, documentation, and follow-ups within required timelines.

The position requires a high school diploma or equivalent. A college degree is preferred, as is 1–2 years of foreclosure or mortgage servicing-related experience and previous law office experience. The specialist should have strong verbal and written communication, computer and internet skills, attention to detail, and time-management skills; be a self-starter able to work with general supervision under established procedures; and be proficient in Microsoft Outlook and Excel. LoanSphere/BKFS experience is preferred.

Employees must have a smartphone that meets company security standards and can install apps such as Microsoft Authenticator. Employment is contingent on meeting this requirement.

Requirements

• High school diploma or equivalent required.
• Good verbal and written communication skills.
• Good computer and internet skills.
• Self-starter with excellent time-management skills, able to work with general supervision while applying established procedures and specific standards.
• Proficient use of Microsoft Office, including Outlook and Excel.
• Attention to detail and ongoing time management.
• Must have a smartphone meeting Company security standards with the ability to install apps such as Microsoft Authenticator; employment is contingent on this requirement.

Nice To Haves

• College degree preferred.
• 1–2 years of foreclosure or mortgage servicing-related experience preferred.
• Previous law office experience preferred.
• LoanSphere/BKFS experience preferred.

Responsibilities

• Complete pre-foreclosure reviews to ensure loans are referred for foreclosure according to company requirements.
• Complete and monitor invoice approvals, foreclosure referrals, foreclosure breach letters, and collection letters, ensuring deadlines are met.
• Complete and monitor property preservation, order values, and inspections, ensuring deadlines are met.
• Calculate and prepare reinstatement and payoff figures and other debt information for attorneys.
• Manage a pipeline of foreclosure loans to ensure timely processing and adherence to investor, insurer, and client requirements.
• Provide accurate and adequate information to assigned foreclosure counsel.
• Prepare bidding instructions for use at foreclosure sales.
• Manage the daily exception report to confirm adequate oversight of the assigned pipeline.
• Follow up with foreclosure counsel to obtain required foreclosure documentation.
• Make and answer calls from attorney firms and vendors.
• Adhere to company and department policies and procedures.
• Follow established company guidelines to increase revenue and reduce losses.
• Review tasks daily to ensure completion within company timelines.
• Perform other duties and projects as assigned by Management.

Benefits

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) retirement plan with employer match
• Paid maternity leave, parental bonding leave, and caregiver leave
• Adoption assistance
• Tuition and certification reimbursement
• Employee Mortgage Loan Program
• Employee Emergency and Disaster Fund
• One company-paid Volunteer Time Off day
• Matching Gifts Program, dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities

What This Job Offers

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