Foreclosure Specialist II

Pennymac

Pennymac is (NYSE: PFSI) a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of home ownership through the complete mortgage journey.

As a Foreclosure Specialist II, you will be responsible for managing various aspects of the foreclosure process, working with a high degree of autonomy and expertise. You will be expected to leverage your comprehensive understanding of the legal and financial procedures involved to ensure accuracy and adherence to all applicable regulations. You will also mentor and guide junior staff.

• Foreclosure Case Management: manage a caseload of foreclosure accounts, including reviewing loan documentation, tracking critical deadlines, and ensuring compliance with company policies and investor guidelines. This role involves handling more complex cases and resolving escalated issues.
• Stakeholder Communication: communicate and collaborate with internal parties including multiple levels of leadership and encompassing multiple lines of business such as Loss Mitigation, Loan Modification, Foreclosure, Foreclosure Review, and Bankruptcy. This role requires a high level of professional communication.
• Compliance and Accuracy: ensure that all foreclosure actions are accurate, timely, and compliant with federal, state, and investor requirements. Serve as a resource for ensuring adherence to best practices and regulatory changes.
• Process Management: identify opportunities for process improvements and contribute to the development of departmental policies and procedures.
• Mentorship and Guidance: provide guidance and mentorship to Entry‑Level Foreclosure Specialists, supporting their professional development and ensuring team efficiency.
• Special Projects: participate in and/or lead special projects related to foreclosure processes, compliance, or system enhancements.

• A high school diploma or equivalent;
  Bachelor's degree preferred.
• A minimum of two years of experience as a Foreclosure Specialist or two years in a related field.
• In‑depth knowledge of federal, state, and investor requirements related to foreclosure.
• Proven ability to manage complex foreclosure cases and resolve escalated issues.
• Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders.
• Strong analytical and problem‑solving skills with exceptional attention to detail and a commitment to accuracy.
• Proficiency in relevant software and systems, including Microsoft Office Suite.
• Ability to work independently and as part of a team. Strong leadership skills and a willingness to mentor junior staff.

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.

Pennymac is committed to conducting a business that makes positive contributions and promotes long‑term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.

• Comprehensive Medical, Dental, and Vision.
• Paid Time Off Programs including vacation, holidays, illness, and parental leave.
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe‑style dining (select locations).
• Retirement benefits, life insurance, 401(k) match, and tuition reimbursement.
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsor ships.
• A competitive salary and bonus opportunities.

To Learn More About Our Benefits Visit: (Use the "Apply for this Job" box below)./benefits

For residents with state‑required benefit information, additional information can be found at:

• Lower in range – building skills and experience in the role.
• Mid‑range – experience and skills align with proficiency in the role.
• Higher in range – experience and skills add value above typical requirements of the role.

Some roles may be eligible for performance‑based compensation and/or stock‑based incentives awarded to employees based on company and individual performance.

$45,000 - $66,000

OFFICE