Foreclosure Specialist II (On-site)

NewrezHouston, TX
Onsite

About The Position

The Foreclosure Specialist II monitors and processes accounts that are in the foreclosure process. This role involves completing pre-foreclosure reviews, managing deadlines for various legal and property preservation tasks, calculating financial figures for attorneys, and maintaining a pipeline of foreclosure loans to ensure adherence to all requirements. The specialist will also communicate with foreclosure counsel and vendors, manage exception reports, and ensure daily tasks are completed within company timelines.

Requirements

  • High school diploma or equivalent required.
  • 2+ years direct foreclosure experience required.
  • Previous experience in law office or mortgage servicing company required.
  • Good verbal and written communication skills.
  • Good computer and internet skills.
  • Must be a self-starter with excellent time management skills and be able to work with general supervision applying established procedures and specific standards.
  • Proficiency of Black Knight/LPS required.
  • Proficient use of Microsoft Office- Outlook and Excel required.
  • Ability to multi-task in an environment of changing priorities by maintaining a daily worklist in addition to other assignments.
  • Employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator.

Nice To Haves

  • College degree preferred.

Responsibilities

  • Completes pre-foreclosure reviews to ensure loans are referred for foreclosure based on company requirements.
  • Completes, monitors progress, and ensures deadlines are met for invoice approval, foreclosure referrals, foreclosure breach letters and collection letters.
  • Completes, monitors progress, and ensures deadlines are met for property preservation, order values, and inspections.
  • Calculates and prepares reinstatement, payoff figures, and other debt information to attorneys.
  • Manages a pipeline of foreclosure loans to ensure timely processing and adherence to investor, insurer, and client requirements.
  • Provides adequate and accurate information to assigned foreclosure counsel.
  • Prepares bidding instructions for utilization at foreclosure sale.
  • Manages daily exception report to confirm adequate oversight of assigned pipeline.
  • Completes follow-ups with foreclosure counsel to obtain all foreclosure documentation as required.
  • Makes and answers calls from attorney firms and vendors.
  • Adheres to company and department policies and procedures.
  • Follows established company guidelines to increase revenue and reduce losses.
  • Reviews tasks daily to ensure they are completed within company timelines.
  • Performs 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/Caregiver Leave
  • Adoption Assistance
  • Tuition & Certification reimbursement
  • Employee Mortgage Loan Program
  • The Newrez Employee Emergency and Disaster Fund
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