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Sr. Default Litigation Loan Servicing Specialist - Foreclosure

Job in Cary, Wake County, North Carolina, 27518, USA
Listing for: First American
Full Time position
Listed on 2026-09-04
Job specializations:
  • Finance & Banking
    Loan Servicing, Regulatory Compliance Specialist, Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 43000 - 57000 USD Yearly USD 43000.00 57000.00 YEAR
Job Description & How to Apply Below

Who We Are

Service Mac is a new sub‑servicing entity backed by some of the leading practitioners of the mortgage servicing industry. Service Mac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability.

Our inclusive, people‑first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.

What

We Do

Responsible for hankding mortgage accounts to ensure all title resolution, contested, senior lien monitoring and non- monetary default activities follow all state and federal laws. Perform a variety of default loan servicing tasks within timelines and workflow processes on files. Processes are managed in accordance with established work rules, goals & objectives to improve timeline and attorney performance
Default Loan Servicing Specialists perform duties related to early-stage, late-stage, reporting, and litigation in the default loan servicing process.

WHAT YOU'LL DO
  • Experiencedteammembertomanagethehighriskportfolioassociatedwiththepositiontoensurecompliancewith regulatory guidelines.
  • Oversightofcounsel'slegalproceedingsinthejurisdictiontoensureappropriateactionistakeandallmilestonesare met.
  • Servicemortgageaccountstoensureavarietyofforeclosure,and bankruptcy,andescalatedactivitiesareprocessedin compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines.
  • Actasrepresentativetothecompanyinwitnesscapacityformediations,settlement,non-jury trials,jurytrialsand depositions.
  • Responsible for servicing mortgage accounts to ensure the foreclosure and bankruptcy are processed in compliance withallstateandfederallaws,whilemaintainingcompliancewith

    Investor,Insurer,Agency,andcompany guidelines.
  • Conducts complete reviews of filesto ensure all default time frames have been met.
  • Managesdefaultproceedingsonassignedcasesbyinteractingandinstructingvariouspartiessuchasmortgagors, attorneys, investors, insurers, trustees, appraisers, and any other party involved with the default process.
  • Monitorsattorneyperformancebyreviewingallproceedings,recordsandtimeframesinadditiontoworkingallsystem/ database activities throughout the default process.
  • Auditaccountsforexpensecomplianceandensuresproperapplicationtosystemof record
  • Performrequiredresearchonanyloanwithquestionableitemssuchastheapplicationofpayments,proper notification, and any other situation that may arise
  • Manageexceptionreportingusedaskeycontrolsforminimizingrisk.

    Trackstrendsandrecommendsprocess improvements
  • Experiencedteammembertomanagethehighriskportfolioassociatedwiththepositiontoensurecompliancewith regulatory guidelines.
  • Oversightofcounsel'slegalproceedingsinthejurisdictiontoensureappropriateactionistakeandallmilestonesare met.
  • Servicemortgageaccountstoensureavarietyofforeclosure,and bankruptcy,andescalatedactivitiesareprocessedin compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines.
  • Actasrepresentativetothecompanyinwitnesscapacityformediations,settlement,non-jury trials,jurytrialsand depositions.
  • Responsible for servicing mortgage accounts to ensure the foreclosure and bankruptcy are processed in compliance withallstateandfederallaws,whilemaintainingcompliancewith

    Investor,Insurer,Agency,andcompany guidelines.
  • Conducts complete reviews of filesto ensure all default time frames have been met.
  • Managesdefaultproceedingsonassignedcasesbyinteractingandinstructingvariouspartiessuchasmortgagors, attorneys, investors, insurers, trustees, appraisers, and any other party involved with the default process.
  • Monitorsattorneyperformanc…
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