Pre-Foreclosure Specialist, I

Carrington Mortgage • Orange, CA

5d • Onsite

About The Position

The Pre-Foreclosure Specialist I will be responsible for monitoring vendors and CMS activities during the breach process, processing of an eligible foreclosure referral, and referral validation process. Effectively collaborate and communicate with support groups within servicing to ensure proper referral timelines are met. Perform all duties in accordance with the company’s policies and procedures, investor requirements and all US state and federal laws and regulations, wherein the company operates.

Requirements

• High School Diploma or equivalent work experience
• One (1) year of Foreclosure experience or two (2) years’ banking/mortgage experience.

Nice To Haves

• some college preferred
• Notary Public or prior Paralegal experience preferred.

Responsibilities

• Maintains, reviews, follows-up and ensures timely and accurate completion of all regular scheduled steps within the foreclosure referral process on a daily basis.
• Effectively communicate with default and servicing support groups, clients during the foreclosure referral proceedings.
• Performs routine follow-up on a daily basis.
• File preparation and bulk dispositioning during breach processing.
• Dispositioning of breach or re-breach request within established service level agreements (SLAs).
• Pre-Foreclosure referral due diligence completed to ensure adherence and compliance with all state, federal, and investor requirements.
• Proper management of Custodians during collateral order, scanning and foreclosure template setup.
• Utilizes all applicable tools available to effectively manage pipeline which may include but not limited to; system of record, vendor tracking software-queuing, as well as control reporting.
• Properly maintains system of record and/or vendor tracking software to ensure proper notification/reporting to Investor, Client, Borrower, State, or Federal/Government Agency during foreclosure referral completion.
• Ensures all foreclosure procedural documents are imaged timely.
• Work with immediate team lead or supervisor for optimal resolutions on “exception cases”/lien threats including but not limited to tax sales, drug seizures, or contested foreclosures as identified.
• Identifies, remediates, and resolves complex/escalated matters with management guidance, and approval to avoid delays in the foreclosure process.
• Documents all servicing, action taken, delays, follow-up, and phone conversations in the system notes.
• Monitors vendor performance and properly notify Department Manager, Vendor Management, Oversight Management, or Client Management when performance issues occur (vendors’ inability/failure to comply with investor/insurer procedures and/or CMS requirements).
• Performs other duties and special projects as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses
• Educational Reimbursement.

What This Job Offers

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