Jobs · OTHR · Illinois

Foreclosure Specialty Representative ll - On site

Dovenmuehle · Lake Zurich, IL · 2 wk ago
OTHRFull-time

About the role

Dovenmuehle Mortgage, Inc. is a leading mortgage subservicing firm with several hundred financial institution clients nationwide. As a Foreclosure Specialty Representative II on the Cash & Quotes Team, you will monitor and expedite foreclosure processes while ensuring compliance with various guidelines.

Responsibilities

  • Partner with foreclosure attorneys to ensure timely, accurate, and guideline-compliant handling of assigned loans.
  • Handle a higher volume of files and escalated issues than junior staff.
  • Ensure all actions to place a loan into foreclosure are within appropriate investor and legal guidelines and timelines.
  • Filing of first action, service, judgment, foreclosure sales, and notification of investors.
  • Prepare bidding instruction figures for all loan types.
  • Process the sale on all loan types.
  • Timely and accurately update reports for Freddie Mac DFRI, Fannie Mae Laser, and HUD SFDMS.
  • Process invoices, verify amounts against established guidelines, and ensure timely payment remittance.
  • Keep foreclosure screens accurately updated.
  • Train and mentor junior staff.
  • Identify and implement process improvement opportunities within the department.
  • Successfully complete annual regulatory compliance training.
  • Additional duties as assigned.

Team specific duties and tasks

  • Cash and Quotes Team
  • On-site 5 days per week
  • Daily Cash runs - Providing critical live checks and documents to multiple areas of DMIScanning clerical records of cash documents
  • Handling tasks and letter orders relating to Foreclosure Cash Returns

Requirements

  • Bachelor’s degree or equivalent combination of education and experience.
  • Strong PC skills: Proficient with Microsoft applications and loan servicing platforms.
  • Strong analytical and problem-solving skills with attention to detail.
  • Ability to handle complex, multiple tasks simultaneously in a fast-paced environment.
  • Effective verbal and written communication skills with the ability to interact professionally with all levels of both internal and external audiences.
  • 1+ years of Mortgage, Foreclosure, or Loan experience.

Qualifications

  • Paralegal certificate/experience preferred.
  • Experience with MSP preferred.

Benefits

  • Medical, Dental, Vision, Wellness, Flexible Spending Account, and Employee Assistance Program.
  • Employer-paid Life Insurance, Short Term Disability, and Long-Term Disability.
  • 401(k) Plan with company match.
  • Paid Vacation, Sick, Personal, and Holidays.

Physical Demands and Work Environment

  • The employee must be comfortable in either an on-site office setting or a quiet, designated work-from-home space.
  • The employee is frequently required to communicate through multiple methods of communication with clear understanding from others.
  • The employee must be able to remain in a stationary position and/or move about the organization or remote office.
  • The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle, or feel and reach.
  • May occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs.
  • Employees may be required to type and utilize a computer for long periods of time.
  • The noise level, if working on-site, is usually moderate and typical of an office environment.

Similar jobs

Foreclosure Specialist

Cornerstone Capital BankEnglewood, CO· 2 mo ago
Finance$50/hrapply on recruiting2.ultipro.com