Foreclosure Specialist II (On-site)

About the Role

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

Responsibilities

• 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.
• Adheres 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.

Requirements

• High school diploma or equivalent required; college degree preferred.
• 2+ years direct foreclosure experience required.
• Previous experience in law office or mortgage servicing company required.

Qualifications

• 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.
• Proficiency of Black Knight/LPS required.
• Proficient use of Microsoft Office - Outlook and Excel required.
• Ability to multi-task in an environment of changing priorities by maintaining a daily worklist in addition to other assignments.

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
• 1 company-paid Volunteer Time Off day
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• Employee Resource Groups (ERGs)