Foreclosure Specialist II

LoanCare • ,

2d • Remote

About The Position

The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and reporting in addition to ensuring compliance with all agency, investor and insurer guidelines. Support internal staff with questions regarding foreclosure loans within their delegated authority.

Requirements

• High School Diploma or equivalent required
• Some college or the combination of equivalent work experience, knowledge, skills and abilities related to the position requirements
• Knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes
• Previous Default servicing experience: 2-5 years of foreclosure or mortgage default related experience (Foreclosure preferred) or 1-3 years of experience with mortgage loan software highly desirable
• Working knowledge of mortgage loan documentation, best servicing practices regarding foreclosure processing, default/foreclosure laws and regulations, including FNMA, FHLMC, FHA and VA
• Strong professional and interpersonal communication skills verbally and through written electronic correspondence
• Advanced multi-tasking and organizational skills with strong attention to detail
• Ability to read legal terms and conditions and understand their meaning and how it applies to work processes
• 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 from more senior paralegals and attorneys
• Proven ability to prioritize workflow during high volumes and within critical timeframe
• Self-starter who is able to work in a fast paced, multi-faceted environment

Nice To Haves

• Beneficial to possess valid notary license
• Experienced Trial and Deposition knowledge and training beneficial
• College degree preferred in Business, Math, English, Legal or other related subject and/or equivalent work experience
• Previous title work experience recommended
• Previous experience in monitoring activity of multiple accounts assigned to outside counsel

Responsibilities

• Responsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standards
• Knowledgeable in agency, investor or insurer timelines and document requirements for judicial and non-judicial foreclosures
• Experienced in calculation and preparation of foreclosure judgment figures and state required documents
• Receives financial foreclosure documents via the LPS system
• Prints, reviews and executes the attorney provided foreclosure documents to prepare foreclosure loans for sheriff’s sale
• Calculates bidding instruction for nationwide foreclosure sales
• Reviews and provides HAMP certification nationwide notifications prior to foreclosure sale
• Ability to provide exceptional representation of LoanCare in a legal proceeding
• Works under general supervision applying well established techniques, procedures or specific standards
• Work reviewed for soundness of judgment and overall accuracy per company and federal compliance standards
• Executes policies at direction of supervisor and makes recommendations for change
• Internal/External contacts: Executive Management, Senior Management, Department Staff, Corporate Staff, Financial Institutions, Investors, Agencies, Approved Attorney Network
• All other duties as assigned

Benefits

• Optional medical, dental, vision, life, and disability insurance
• Paid holidays, vacation, and sick leave
• Fidelity National Financial matching 401(k) and employee stock purchase plans
• Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
• Programs that celebrate achievements and milestones
• Discounts on gym memberships, pet insurance, and employee purchasing programs
• Tuition reimbursement program that supports your continued education and professional growth

What This Job Offers

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