Foreclosure Default Specialist
Listed on 2026-05-30
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Finance & Banking
Regulatory Compliance Specialist, Loan Servicing, Corporate Finance, Financial Consultant -
Law/Legal
Regulatory Compliance Specialist, Loan Servicing
Foreclosure Default Specialist
We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a Foreclosure Default Specialist opportunity with a trusted leader in title insurance, settlement services, and risk solutions, consistently recognized as one of the Fortune 100 Best Companies to Work For. They offer a culture of growth, stability, and innovation where employees are valued and supported in building long-term careers.
The Foreclosure Default Specialist is responsible for managing foreclosure-related default activities for residential and mortgage loans in compliance with investor, insurer, client, state, federal, and company requirements. This role serves as a key liaison between mortgage servicers, foreclosure attorneys, trustees, title teams, vendors, and internal stakeholders to ensure accurate, timely, and compliant processing of foreclosure actions and default servicing activities.
Your specific duties will include:
- Manage an assigned pipeline of foreclosure/default loans from referral through sale, reinstatement, dismissal, or claim resolution.
- Monitor foreclosure timelines, milestone dates, attorney actions, bankruptcy holds, and state‑specific requirements.
- Review and validate foreclosure referrals for completeness, accuracy, and compliance.
- Coordinate with foreclosure counsel, trustees, title companies, and servicing departments to resolve issues impacting foreclosure progression.
- Maintain compliance with CFPB, FHA, VA, USDA, Client, FHLMC, state foreclosure statutes, investor guidelines, and company servicing standards.
Title & Lien Coordination
- Review title reports, lien positions, legal descriptions, and foreclosure‑related documentation for accuracy.
- Identify title defects, judgment liens, tax issues, probate concerns, HOA liens, or chain‑of‑title discrepancies impacting foreclosure processing.
Vendor & Attorney Management
- Communicate regularly with foreclosure attorneys, trustees, process servers, and third‑party vendors.
- Monitor attorney performance, fee approvals, timeline adherence, and escalation items.
- Review invoices and vendor billing for accuracy and investor compliance.
Reporting & Documentation
- Maintain accurate servicing notes and system documentation.
- Generate reports related to foreclosure status, aging, delays, and exception tracking.
Required qualifications for the position include:
- High school diploma or equivalent.
- Excellent written and verbal communication skills required.
- Demonstrated ability to effectively manage priorities and as well as effective time management.
- Experience in mortgage servicing, foreclosure timelines, title and lien review, bankruptcy coordination, loss mitigation awareness, and vendor management within a high‑volume servicing environment.
Pay Rate: $21.43 per hour Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies and experience, and location. Employees have access to healthcare benefits including medical, dental and vision as well as a 401(k) plan. Workway can help you to put your best foot forward. Workway, Inc. is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations and ordinances.
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