Foreclosure Document Specialist II
PENNYMAC · Fort Worth, TX · 1 wk ago
Administrative$45k–$66k/yrFull-time
About the role
As a Foreclosure Document Specialist II, you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. You will be expected to leverage your comprehensive understanding of the legal and financial procedures involved to ensure accuracy and adherence to all applicable regulations. You will also mentor and guide junior staff.
Foreclosure Case Management
- Manage a caseload of foreclosure accounts, which includes reviewing loan documentation, tracking critical deadlines, and ensuring compliance with company policies and investor guidelines
- Handle more complex cases and resolve escalated issues
Document Preparation
- Oversee the preparation and execution of essential legal documents, such as filings and deeds for judicial foreclosures, ensuring accuracy and compliance with all legal and regulatory requirements
Stakeholder Communication
- Communicate and collaborate with external parties, including attorneys, property preservation vendors, and other service providers
- Requires a high level of professional communication and negotiation skills
Compliance and Accuracy
- Ensure that all foreclosure actions are accurate, timely, and compliant with federal, state, and investor requirements
- Serve as a resource for ensuring adherence to best practices and regulatory changes
Financial Calculations
- Manage the calculation of financial figures, such as judgment figures and bid amounts
- Analyze financial data to determine the best course of action
Process Management
- Identify opportunities for process improvements and contribute to the development of departmental policies and procedures
Mentorship and Guidance
- Provide guidance and mentorship to Entry-Level Foreclosure Specialists, supporting their professional development and ensuring team efficiency
Special Projects
- Participate in and/or lead special projects related to foreclosure processes, compliance, or system enhancements
Requirements
- High school diploma or equivalent; Bachelor's degree preferred
- Minimum of two years of experience as a Foreclosure Specialist or two years in a related field
- In-depth knowledge of federal, state, and investor requirements related to foreclosure
- Proven ability to manage complex foreclosure cases and resolve escalated issues
- Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders
- Strong analytical and problem-solving skills
- Exceptional attention to detail and a commitment to accuracy
- Proficiency in relevant software and systems, including Microsoft Office Suite
- Ability to work independently and as part of a team
- Strong leadership skills and a willingness to mentor junior staff
Benefits
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursement
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
- Bonus opportunities may be offered in addition to competitive salary
Pay
Salary $45,000 - $66,000