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Coordinator, Foreclosure Affidavits

Ocwen Financial

West Palm Beach (FL)

On-site

USD 40,000 - 70,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a Contract Management Coordinator to join their team. In this role, you will be responsible for the meticulous review and execution of legal documents related to mortgage loans, ensuring compliance with all relevant laws and company policies. Your attention to detail and organizational skills will be crucial as you navigate complex legal terminology and collaborate with various stakeholders to achieve departmental goals. This position offers a unique opportunity to contribute to meaningful outcomes in the mortgage servicing industry while developing your expertise in legal document management.

Qualifications

  • High School Diploma or equivalent required.
  • Mortgage Loan Servicing experience preferred, particularly in Foreclosure and Bankruptcy.

Responsibilities

  • Review and execute legal documents for mortgage loan servicing.
  • Ensure compliance with state notary guidelines and company policies.

Skills

Detail-oriented
Organizational skills
Time management
Multitasking
Communication skills

Education

High School Diploma or GED

Tools

Microsoft Outlook
Microsoft Word
Microsoft Excel
Microsoft Access
Microsoft PowerPoint

Job description

The Contract Management Coordinator / Affidavit Team member is responsible for the timely review and execution of legal documents drafted by outside legal counsel. The duties of this job require a high degree of detailed analysis and maintaining established standards of quality for documents with both financial and legal terminology used in legal proceedings. Drive, determination, and a self-disciplined approach to achieving results are necessary skills for successful job performance.

Responsibilities:

  1. Review and execution of a variety of documents for court proceedings pertaining to servicing mortgage loans, including affidavits (sworn statements), declarations, complaints (petitions to commence first legal), deeds, Certification of Proceeds, Pleadings, Proof of Claims, Loss Mitigation Affidavits, Real Estate Owned (REO) supporting documents, etc. These documents are required in support of the Foreclosure proceedings, Bankruptcy proceedings, and REO transactions.
  2. Notarization of legal documents while ensuring compliance with all state notary guidelines.
  3. Review and confirm the accuracy of documents drafted by outside counsel.
  4. Ensure all steps taken during the verification, execution, and notarization of documents are in compliance with Ocwen’s policies and procedures, as well as state and federal laws.
  5. Communicate with investors, vendors, attorneys, and other business units, including Ocwen’s legal and senior leadership, to manage cases toward resolution.
  6. Produce error-free work material by assuring data and documents are consistent, error-free, formatted properly, and compliant with Ocwen, investor, state, and federal requirements.
  7. Adhere to the training plan and certification process to become proficient in all documents handled by contract management.
  8. May be called upon to testify on behalf of Ocwen in legal proceedings regarding executed documents.
  9. Navigate effectively through the system of record to ensure all information within documents is verified in a timely manner.
  10. Work collaboratively with co-workers to assist in achieving department goals.

Key Result Areas:

  1. Meet or exceed individual departmental standards.

Qualifications:

  1. High School Diploma, GED, equivalent certification, or military experience.
  2. Mortgage Loan Servicing experience, with emphasis in Foreclosure and/or Bankruptcy processing preferred.
  3. Knowledge of the Foreclosure process (Complaint, Affidavit of Debt, Substitution of Trustee, Foreclosure Deeds, etc.) preferred.
  4. Knowledge of the Bankruptcy process (Proof of Claim, Motion for Relief, Reaffirmation Agreements, etc.) preferred.
  5. Familiarity with Foreclosure and/or Bankruptcy terminology.
  6. Detail-oriented.
  7. Proficient with Microsoft applications (Outlook, Word, Excel, Access, PowerPoint).
  8. State Notary required (Will be paid by company).
  9. Ability to work effectively in a fast-paced environment.
  10. Ability to multitask.
  11. Organizational and time management skills (ability to prioritize efficiently).
About the company

Ocwen Financial Corporation and its subsidiaries, PHH Mortgage and Liberty Reverse Mortgage, are committed to helping our customers save money, build equity and, most importantly, stay in their homes.

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