Foreclosure Specialist II

LoanCare • ,

1d • $18 - $27 • Remote

About The Position

The Foreclosure Specialist II reports to the Foreclosure Supervisor and works directly with governmental, special servicing, private label, and high-profile investors. The position makes decisions and provides resolutions regarding foreclosure issues to minimize risks and mitigate losses within delegated authority. The incumbent provides management with status updates and reporting, ensures compliance with agency, investor, and insurer guidelines, and supports internal staff with questions about foreclosure loans within their delegated authority.

The role handles financial foreclosure documents, reviews and executes attorney-provided documents, prepares loans for sheriff’s sale, calculates bidding instructions for nationwide foreclosure sales, and reviews HAMP certification notifications before foreclosure sales. The position works under general supervision using established techniques and standards; work is reviewed for judgment and accuracy against company and federal compliance standards. The incumbent executes policies at the supervisor’s direction and may recommend changes.

This is a remote-eligible role. LoanCare provides necessary equipment; the employee must have a quiet, private home workspace and high-speed internet with minimum download speed of 25 Mbps and upload speed of 10 Mbps. Working conditions are otherwise described as normal for an office environment. Attendance and productivity during normal business hours are expected, with early, late, or weekend hours and overtime as needed.

Requirements

• High school diploma or equivalent required.
• Some college, or equivalent work experience, knowledge, skills, and abilities related to the position requirements.
• Knowledge of mortgage banking and familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes.
• Two to five years of foreclosure or mortgage-default-related experience, with foreclosure preferred; alternatively, one to three years of mortgage loan software experience is highly desirable.
• Working knowledge of mortgage loan documentation, foreclosure-processing best practices, and default and foreclosure laws and regulations, including FNMA, FHLMC, FHA, and VA requirements.
• Strong verbal and written professional and interpersonal communication skills.
• Advanced multitasking and organizational skills and strong attention to detail.
• Ability to read and interpret legal terms and conditions and understand their application to work processes.
• PC skills including advanced Word, Excel, Access, Internet, and MSP (LPS/Fidelity) application skills.
• Ability to meet strict deadlines and take direction from more senior paralegals and attorneys.
• Ability to prioritize workflow during high-volume periods and within critical timeframes.
• Self-starter able to work in a fast-paced, multifaceted environment.
• Ability to attend work and remain productive during normal business hours, and to work early, late, or weekend hours as needed.
• Ability to work overtime as necessary.

Nice To Haves

• College degree in Business, Math, English, Legal studies, or another related subject, and/or equivalent work experience.
• Valid notary license.
• Experience calculating and preparing foreclosure judgment figures and state-required documents.
• Trial and deposition knowledge and training.
• Previous title work experience.
• Experience monitoring activity of multiple accounts assigned to outside counsel.

Responsibilities

• Work directly with governmental, special servicing, private label, and high-profile investors to make decisions and resolve foreclosure issues within delegated authority, minimizing risk and mitigating loss.
• Provide management with status updates and reporting, and ensure compliance with agency, investor, insurer, and federal requirements.
• Support internal staff with questions about foreclosure loans within delegated authority.
• Execute financial foreclosure documents required during the foreclosure process in accordance with federal compliance standards.
• Receive financial foreclosure documents through the LPS system; print, review, and execute attorney-provided documents to prepare loans for sheriff’s sale.
• Calculate bidding instructions for nationwide foreclosure sales.
• Review and provide HAMP certification nationwide notifications before foreclosure sale.
• Represent LoanCare in legal proceedings.
• Execute policies at the supervisor’s direction and recommend changes.
• Perform 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).
• Employee stock purchase plan.
• Mental health resources, including free Calm memberships, and initiatives supporting physical and emotional well-being.
• Employee recognition programs.
• Discounts on gym memberships, pet insurance, and employee purchasing programs.
• Tuition reimbursement.

What This Job Offers

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