Foreclosure Specialist I (On-site)

Primary Function

The Foreclosure Specialist I monitors and processes accounts that are in the foreclosure process.

Principal Duties

• Completes pre-foreclosure reviews to ensure loans are referred for foreclosure based on company requirements.
• Completes, monitors progress, and ensures deadlines are met for invoice approval, foreclosure referrals, foreclosure breach letters and collection letters.
• Completes, monitors progress, and ensures deadlines are met for property preservation, order values, and inspections.
• Calculates and prepares reinstatement, payoff figures, and other debt information to attorneys.
• Manages a pipeline of foreclosure loans to ensure timely processing and adherence to investor, insurer, and client requirements.
• Provides adequate and accurate information to assigned foreclosure counsel.
• Prepares bidding instructions for utilization at foreclosure sale.
• Manages daily exception report to confirm adequate oversight of assigned pipeline.
• Completes follow-ups with foreclosure counsel to obtain all foreclosure documentation as required.
• Makes and answers calls from attorney firms and vendors.
• Adherences to company and department policies and procedures.
• Follows established company guidelines to increase revenue and reduce losses.
• Reviews tasks daily to ensure they are completed within company timelines.
• Performs other duties and projects as assigned by Management.

Education and Experience Requirements

• High school diploma or equivalent required.
• College degree preferred.
• 1-2 years Foreclosure or mortgage servicing related experience preferred.
• Previous experience in law office preferred.

Knowledge, Skill, and Ability Requirements

• Good verbal and written communication skills.
• Good computer and internet skills.
• Must be a self-starter with excellent time management skills and be able to work with general supervision applying established procedures and specific standards.
• Proficient use of Microsoft Office- Outlook and Excel.
• Attention to detail and ongoing time management.
• LoanSphere/BKFS experience preferred.

Benefits

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships