Foreclosure Specialist II

Pennymac • Carrollton, TX

3d • Onsite

About The Position

As a Foreclosure Specialist II, you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. In this mid-level role, you will be expected to leverage your comprehensive understanding of the legal and financial procedures involved to ensure absolute accuracy and strict adherence to all applicable regulations. Your experience as a Foreclosure Specialist II will also be utilized to mentor and guide junior staff, helping to ensure team-wide compliance and operational efficiency.

Requirements

• A high school diploma or equivalent
• A minimum of two years of experience as a Foreclosure Specialist or two years in a related field
• In-depth knowledge of federal, state, and investor requirements related to foreclosure
• Proven ability to manage complex foreclosure cases and resolve escalated issues
• Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders
• Strong analytical and problem-solving skills. Exceptional attention to detail and a commitment to accuracy
• Proficiency in relevant software and systems, including Microsoft Office Suite
• Ability to work independently and as part of a team. Strong leadership skills and a willingness to mentor junior staff

Nice To Haves

• Bachelor's degree preferred

Responsibilities

• Manage a caseload of foreclosure accounts, which includes reviewing loan documentation, tracking critical deadlines, and ensuring compliance with company policies and investor guidelines. This role involves handling more complex cases and resolving escalated issues
• Oversee the preparation and execution of essential legal documents, such as filings and deeds for judicial foreclosures, ensuring accuracy and compliance with all legal and regulatory requirements
• Communicate and collaborate with external parties, including attorneys, property preservation vendors, and other service providers. This role requires a high level of professional communication and negotiation skills
• Ensure that all foreclosure actions are accurate, timely, and compliant with federal, state, and investor requirements. You will be a resource for ensuring adherence to best practices and regulatory changes
• Manage the calculation of financial figures, such as judgment figures and bid amounts, and analyze financial data to determine the best course of action
• Identify opportunities for process improvements and contribute to the development of departmental policies and procedures
• Provide guidance and mentorship to Entry-Level Foreclosure Specialists, supporting their professional development and ensuring team efficiency
• Participate in and/or lead special projects related to foreclosure processes, compliance, or system enhancements

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
• bonus opportunities

What This Job Offers

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