Contested Foreclosure Specialist I

Newrez; Tempe (AZ); On-site; USD 55,000 - 70,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Retirement plan with employer

Paid Maternity Leave/Parental Bonding

Job summary

Newrez is seeking a Contested Foreclosure Specialist I to support the Foreclosure Department with litigation-related matters. You will monitor accounts, liaise with outside counsel, and help maximize recoveries through the court system. Travel may be required.

Ideal candidates have 1–2 years of foreclosure experience, strong time management and communication skills, and familiarity with BKFS/LoanSphere and MS Office.

Responsibilities

• Manage cases within the foreclosure litigation inventory as assigned by Supervisor.
• Process all requests by assigned attorneys for media issues, settlement authority, check requests, etc.
• Process all discovery, complaint and counterclaim actions as assigned; may involve executing documents.
• Provide information support to the legal recovery efforts.
• Identify issues and elevate to Supervisor; flag trends for future suits.

Job description

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function

The Contested Foreclosure Specialist I will provide support to the Foreclosure Department with litigation related matters associated with foreclosure accounts. Through analysis, review and authorization, litigation related accounts will be monitored, and support given to outside counsel to efficiently manage the foreclosure litigation and ensure maximum recovery with the court system. Travel may be required.

Principal Duties

• Manage cases within the foreclosure litigation inventory as assigned by Supervisor.
• Process all requests by assigned attorneys (by e-mail or telephone) for media issues, settlement authority, check requests, etc. to bring a suit to resolution.
• Process all discovery, complaint and counterclaim actions as assigned. This would include potentially executing documents.
• Provide support to Supervisor and legal department with assigned cases.
• Provide information support to the legal recovery efforts.
• Identify and elevate to Supervisor issues that cause liability or above authority level.
• Identify and elevate to Supervisor any trends that could become problematic in future suits.
• Assist on any special projects assigned by management.
• Accept special tasks as necessary and assume responsibility for successfully achieving objectives.
• Potential to testify at deposition/trial in person, via phone, or Zoom.
• Performs related duties as assigned by supervisor.

Education And Experience Requirements

• High school diploma or equivalent required.
• Bachelor’s degree, preferred.
• 1-2 years direct foreclosure experience required.

Knowledge, Skill, and Ability Requirements

• Prior experience in supporting litigation cases preferred.
• Must have strong time management, problem solving, and communication skills.
• Proficiency in BKFS/LoanSphere preferred.
• Proficiency in Microsoft Office- Outlook and Excel required.

Additional Information

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar‑for‑dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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