Senior Foreclosure Specialist
Senior Foreclosure Timeline Specialist:
About the role
Must live within a commutable distance to Lake Forest, CA office for in-office responsibilities.
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
- Support and guide 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 escalating items to drive toward resolution
- Supports and guides 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
Benefits
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back.
Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
The compensation information below is provided in compliance with all applicable job posting disclosure requirements. The compensation for this position is $70,000-$135,000.00. The position may also be eligible for an annual bonus, incentives, and other employment-related benefits including, but not limited to, medical, dental, and vision benefits, 401K retirement plan, and paid-time off. More information regarding these benefits and others can be found here.
The information regarding compensation and other benefits included in this paragraph 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.