Foreclosure Specialist II- Timeline Team at LoanCare

, , United States -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Foreclosure Documentation, Compliance Standards, Notary License, Judicial Foreclosure, Non-Judicial Foreclosure, Foreclosure Judgment Calculation, Trial Knowledge, Deposition Knowledge, LPS System, Bidding Instruction Calculation, HAMP Certification, Legal Proceedings Representation, Mortgage Banking, RESPA, FFDCPA, GLBA

Industry

Financial Services

Description

Overview JOB SUMMARY 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 LoanCare 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 to work processes PC skills including, but not limited to, advanced Word, Excel, Access, Internet, MSP (LPS/Fidelity) application skills Ability to meet strict deadlines and take direction from more senior paralegals and attorneys Proven ability to prioritize workflow during high volumes and within critical timeframe Self-starter who is able to work in a fast paced, multi-faceted environment Previous title work experience recommended Previous experience in monitoring activity of multiple accounts assigned to outside counsel WORK CONDITIONS Working conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Over time required as necessary. Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation. ESSENTIAL FUNCTIONS Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Reading Comprehension — Understanding written sentences and paragraphs in work related documents. English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. Speaking — Talking to others to convey information effectively. Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making. Active Listening — Giving full attention to what other people is saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. Instructing — Teaching others how to do something. Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one. Time Management — Managing one's own time and the time of others. Writing — Communicating effectively in writing as appropriate for the needs of the audience. Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. Deductive Reasoning — The ability to apply general rules to specific problems to produce answers that make sense. Problem Sensitivity — The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem. Written Comprehension — The ability to read and understand information and ideas presented in writing. Inductive Reasoning — The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events). Information Ordering — The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations). Near Vision — The ability to see details at close range (within a few feet of the observer). Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences. Oral Expression — The ability to communicate information and ideas in speaking so others will understand. Speech Recognition — The ability to identify and understand the speech of another person. Speech Clarity — The ability to speak clearly so others can understand you. PHYSICAL DEMANDS Sitting up to 95% of time Walking up to 5% of time Occasional standing, stooping, kneeling, crouching and reaching EQUAL OPPORTUNITY AND AFFIRMATIVE ACTION POLICY LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law

Responsibilities

The specialist handles foreclosure issues by working with various investors and governmental entities to minimize risk and loss, ensuring compliance with all agency, investor, and insurer guidelines. Responsibilities include executing required financial foreclosure documents, calculating judgment figures, and preparing loans for sheriff's sale.