Senior Foreclosure Specialist
Responsibilities
- Work with law firms and title companies to gather/produce documents needed
- Access various systems to obtain necessary documentation - including ICE/Desktop, Filenet, and other proprietary reports
- Communicate clearly with all parties on updates and necessary items
- Provide support and guidance to all clients, attorneys and team members while working through loan level details to support functions such as document creation, research, bidding, and issue resolution
- Manage work queues for foreclosure by following all associated rules and working with a sense of urgency
- Aids in escalated items to drive toward resolution
- Supports and guides all clients, attorneys, and team members while working through loan level details
- Manages work queues for foreclosure by following all associated rules and complying with investor guidelines
- Consistently meets minimum production goal numbers and quality metrics
- Finds potential solutions to escalated loans using available resources
- Identifies patterns and trends for areas of opportunity on the team
Qualifications
- Established network of industry relationships, including mortgage servicers, attorneys, title companies, compliance providers, and other third-party vendors
- Strong understanding of mortgage servicing, loan resolution strategies, investor guidelines, and default management practices
- Knowledge of financial markets, credit and risk management principles, and the impact of market, liquidity, leverage, and operational risks on portfolio performance
- Advanced proficiency in Microsoft Excel, including the ability to analyze large datasets and support portfolio-level decision making
- Demonstrated experience in loan retention and non-retention strategies, including modifications, repayment plans, forbearance agreements, short sales, deeds-in-lieu of foreclosure, foreclosure management, bankruptcy proceedings, litigation oversight, and regulatory compliance
- Thorough understanding of federal and state mortgage servicing regulations, including CFPB requirements and industry best practices
- Minimum Qualifications: 5 years of Mortgage Servicing/Default of direct experience including one or more of the following portfolio types: FNMA, Conventional, FHA, VA and/or Non-Conventional
- Experience using mortgage servicing software
About the role
Must live within a commutable distance to Lake Forest, CA office for in-office responsibilities.
Benefits
The company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, at Careers@Rocket.com. The compensation information below is the company's current, good faith estimate at the time of posting. [Compensation and benefits are subject to modification from time to time as the Company, in its sole and exclusive discretion, deems appropriate.] The Company may determine during its future reviews of the proposed compensation and benefits provided for this position, that the compensation and benefits for such position should be reduced. In no event will the Company reduce the compensation for the position to a level below the applicable jurisdictional minimum wage rate for the position.
Pay
$70,000-$135,000.00
Schedule
Not specified
Skills
N/A
Benefits
Not specified
Schedule
Not specified
Qualifications
Not specified