Foreclosure Specialist

Who We Are

Cornestone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who We Are Looking For

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.

Key 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.
• Makes sure applicable files are breached by the required milestone(s).
• Makes sure the foreclosure referral review is completed by the required milestone(s).
• Makes sure pre-foreclosure review timelines on assigned cases are met by interacting and instructing various parties such as mortgagors, attorneys, investors, and any other party involved with the pre-foreclosure.
• Ensures 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.
• Prepares financial figures as needed by counsel, including but 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.
• Follows departmental and business policies with strict adherence.
• Prioritizes allocated work to ensure timely and accurate resolution to both external and internal partners.
• Performs related duties as assigned by manager.

What You’ll Need To Be Successful

• A 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.
• 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.

What We Offer

• A competitive salary.
• Medical, Dental, Vision, Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits.
• The opportunity for a performance based bonus based on position and department.

What To Do Next

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.