Foreclosure Specialist II (On-site)

Newrez LLC • Houston, TX

1d • Onsite

About The Position

The Foreclosure Specialist II monitors and processes accounts in foreclosure. The role reviews loans before foreclosure referral, manages foreclosure loan pipelines, tracks deadlines and exceptions, provides information to foreclosure counsel, and coordinates with attorneys and vendors. The specialist ensures work follows company timelines, policies, procedures, and applicable investor, insurer, and client requirements.

This position requires a high school diploma or equivalent and at least two years of direct foreclosure experience, as well as prior experience in a law office or mortgage servicing company. A college degree is preferred. The role requires proficiency with Black Knight/LPS and Microsoft Office, particularly Outlook and Excel. Employees must have a smartphone that meets company security standards and can run applications such as Microsoft Authenticator; employment is contingent on meeting this requirement.

Requirements

• High school diploma or equivalent.
• At least 2 years of direct foreclosure experience.
• Previous experience in a law office or mortgage servicing company.
• 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.
• Proficiency with Black Knight/LPS.
• Proficient use of Microsoft Office, including Outlook and Excel.
• Ability to multitask amid changing priorities, maintaining a daily worklist alongside other assignments.
• Must have a smartphone meeting company security standards and be able to install apps such as Microsoft Authenticator; employment is contingent on this requirement.

Nice To Haves

• College degree.

Responsibilities

• Complete pre-foreclosure reviews to ensure loans are referred for foreclosure according to company requirements.
• Complete, monitor, and ensure deadlines are met for invoice approval, foreclosure referrals, foreclosure breach letters, and collection letters.
• 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 compliance with investor, insurer, and client requirements.
• Provide accurate and adequate information to assigned foreclosure counsel.
• Prepare bidding instructions for foreclosure sales.
• Manage daily exception reports to ensure 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 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.
• Newrez 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.
• Employee Resource Groups (ERGs).

What This Job Offers

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