Foreclosure Specialist

Cornerstone Home Lending•Centennial, CO

4h•$50,000 - $60,000•Onsite

About The Position

The Foreclosure Specialist will monitor, and complete certain operational activities related to the foreclosure action in accordance with statutory compliance, regulatory compliance, and company guidelines. This position is responsible for managing foreclosure operational workflow processes. These files should be managed in accordance with established work rules, goals & objectives to improve timeline and attorney performance. The candidate will be expected to establish/maintain a culture of team collaboration, accountability, operational excellence, and unwavering commitment to customer service and satisfaction.

Requirements

High School Diploma/GED or equivalent work experience
Minimum 2+ Years Mortgage Servicing Experience Preferred
Minimum 2+ Years Foreclosure Experience Preferred
GSE and Government Experience Preferred
LPS Desktop Solution Experience Preferred
Knowledge of basic computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook.
Requires an extreme attention to detail and ability to adhere to strict guidelines and procedures.
Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service.
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices.
Excellent oral communication skills.

Responsibilities

Service mortgage accounts to ensure the foreclosure is processed in compliance with all state and federal laws, while maintaining compliance with Investor, Insurer, Agency, and Company guidelines.
Monitors delinquent files and ensures applicable files are breached by the required milestone(s)
Monitors delinquent files and ensures the foreclosure referral review is completed by the required milestone(s)
Monitors pre-foreclosure review timelines on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, and any other party involved with the pre-foreclosure
Ensure all eligible delinquent loans are referred to foreclosure, preparing the foreclosure recommendation package by the required milestone(s)
Coordinates delivery and receipt of any copies or original documents needed by counsel
Prepare financial figures as needed by counsel. This includes but it not limited to judgment figures, foreclosure bids, reinstatement quotes, and pay off quotes.
Prepares a pre-sale checklist to ensure the upcoming sale has been scheduled in compliance with guidelines
Manages reports geared to drive workflow
Manages exception reporting used as key controls for minimizing risk
Follow departmental and business policies with strict adherence
Prioritize allocated work to ensure timely and accurate resolution to both external and internal partners
Perform related duties as assigned by manager