Foreclosure Specialist

Company Description Newrez is a national mortgage company dedicated to supporting clients through every stage of homeownership, from their first home to their forever home. With a wide range of loan options, the company tailors solutions to match individual goals, whether clients are purchasing, refinancing, or accessing home equity. Customers benefit from a single, dedicated point of contact and a service approach that emphasizes clarity, empathy, and practical guidance. Newrez is also recognized as a Military Friendly® Employer and offers specialized resources to help U.S. servicemembers and their families achieve and sustain homeownership. Beyond lending, Newrez supports communities across the United States through employee volunteerism and grants to local organizations via the Newrez NOW program.Role Description The Foreclosure Specialist role at Newrez is a full-time, on-site position based in Tempe, AZ. This role is responsible for managing foreclosure processes within the company’s mortgage servicing portfolio, ensuring compliance with regulatory requirements, investor guidelines, and internal policies. Day-to-day tasks include reviewing loan files for foreclosure eligibility, coordinating with attorneys and trustees, monitoring timelines, updating system records, and communicating status updates to internal teams and external partners. The Foreclosure Specialist will also work closely with colleagues in default and bankruptcy areas to minimize risk, support loss mitigation efforts, and maintain accurate documentation. The position requires careful attention to detail, strong organizational skills, and the ability to handle sensitive information with professionalism.Qualifications Strong knowledge of Mortgage Servicing and Loan Servicing processes, including investor and regulatory requirements.Experience working with Defaults and Foreclosures, including timeline management and coordination with legal and third-party partners.Understanding of Bankruptcy Law as it relates to mortgage accounts, payment application, and legal restrictions.Ability to analyze loan documentation, identify issues, and ensure accurate, compliant file maintenance.Proficiency with servicing systems, spreadsheets, and standard office software tools.Excellent written and verbal communication skills, with the ability to collaborate across teams and interact with external stakeholders.Strong organizational, time management, and problem-solving skills, with a focus on meeting deadlines and maintaining data integrity.Prior experience in mortgage servicing, default management, or a related financial services role is preferred.High school diploma or equivalent required; associate or bachelor’s degree in business, finance, or a related field is a plus.