Foreclosure Specialist II

Overview
The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and reporting in addition to ensuring compliance with all agency, investor and insurer guidelines.

Support internal staff with questions regarding foreclosure loans within their delegated authority.

Overview
The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and reporting in addition to ensuring compliance with all agency, investor and insurer guidelines.

Support internal staff with questions regarding foreclosure loans within their delegated authority.

Responsibilities

• Responsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standards
• Beneficial to possess valid notary license
• Knowledgeable in agency, investor or insurer timelines and document requirements for judicial and non-judicial foreclosures
• Experienced in calculation and preparation of foreclosure judgment figures and state required documents
• Experienced Trial and Deposition knowledge and training beneficial
• Receives financial foreclosure documents via the LPS system
• Prints, reviews and executes the attorney provided foreclosure documents to prepare foreclosure loans for sheriff’s sale
• Calculates bidding instruction for nationwide foreclosure sales
• Reviews and provides HAMP certification nationwide notifications prior to foreclosure sale
• Ability to provide exceptional representation of Loan Care in a legal proceeding
• Works under general supervision applying well established techniques, procedures or specific standards
• Work reviewed for soundness of judgment and overall accuracy per company and federal compliance standards
• Executes policies at direction of supervisor and makes recommendations for change
• Internal/External contacts:
  Executive Management, Senior Management, Department Staff, Corporate Staff, Financial Institutions, Investors, Agencies, Approved Attorney Network
• All other duties as assigned

Qualifications

• High School Diploma or equivalent required
• Some college or the combination of equivalent work experience, knowledge, skills and abilities related to the position requirements
• College degree preferred in Business, Math, English, Legal or other related subject and/or equivalent work experience
• Knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes
• Previous Default servicing experience: 2-5 years of foreclosure or mortgage default related experience (Foreclosure preferred) or 1-3 years of experience with mortgage loan software highly desirable
• Working knowledge of mortgage loan documentation, best servicing practices regarding foreclosure processing, default/foreclosure laws and regulations, including FNMA, FHLMC, FHA and VA
• Strong professional and interpersonal communication skills verbally and through written electronic correspondence
• Advanced multi-tasking and organizational skills with strong attention to detail
• Ability to read legal terms and conditions and understand their meaning and how it applies…