Remarketing Specialist - Staunton, VA or REMOTE WORK

The Caton Companies•Staunton, VA

4d•Hybrid

About The Position

Park Lane Finance Solutions (PLF), one of The Caton Companies, provides affordable financing for purchasing new and used manufactured homes and rent-to-own sheds. We have an exciting opportunity for a Remarketing Specialist. The Remarketing Specialist leads the company's efforts in efficiently evaluating, rehabilitating, marketing, and selling repossessed inventory from defaulted loan transactions, and performs other special projects as assigned. Leads the company efforts on processing and managing borrower insurance claims. PLF provides loans in 12 states in the eastern United States. This position is based in Staunton, Virginia, but remote or hybrid work solutions will also be considered.

Requirements

5-years prior work experience in the manufactured housing industry or handling lender repossessed inventory is required.

Nice To Haves

College degree preferred but not required.

Responsibilities

Develop company policy and written standard operating procedures for repossessed homes and the remarketing effort required to protect home assets and minimize losses for the company.
Perform and assess repossessed inventory during field inspections and recommend the best course of action for remarketing individual homes.
Lead the company repossessed inventory rehabilitation program to include developing and maintaining a list of subcontractors needed to perform work. Execute work orders/contracts as developed for individual home remarketing plans.
Process invoices related to remarketing efforts including lot rent, contractor, utility, and others as needed. Ensure subcontractors are paid in a timely manner to continue good working relationships for future projects.
Serve as Park Lane ambassador when visiting dealers/communities during site visits. Promote Park Lane’s lending programs to assist Business Development, and gain business intelligence with respect to dealer/community activities on site.
Secure community and area salespersons (brokers) to assist Park Lane in selling repossessed inventory.
Prepare and post online advertising, including pictures, needed to promote and sell repossessed inventory.
Field and direct phone calls from prospective purchasers of repossessed inventory.
Develop company policy and written standard operating procedures for the handling of borrower insurance claims to protect company assets and minimize losses for the company.
Process invoices related to insurance claims as needed. Ensure subcontractors and borrowers are paid in a timely manner.
Develop a plan of action for problematic claim situations as they arise.
Ensure insurance claim documentation is attached to borrower files.
Educate and help borrowers through the claims process.