Foreclosure Litigation Specialist — Travel‑Ready

Coast One Mortgage; Houston (TX); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with employer match

Paid parental leave

Job summary

The Contested Foreclosure Specialist III at Newrez will provide litigation support to the Foreclosure Department, appearing at court appearances and depositions, and coordinating with outside counsel to maximize recovery. The role requires extensive travel and deep knowledge of mortgage servicing processes, with on-site work and collaboration across teams.

Five plus years of foreclosure or mortgage servicing experience, plus litigation exposure, are required.

Qualifications

• High school diploma or equivalent, required.
• Bachelor’s degree, preferred.
• 5+ years direct foreclosure or mortgage servicing related experience required.
• Experience in the legal field with law firm desired.
• 3+ years in litigation resolution experience required.

Responsibilities

• Manage a portfolio of contested cases within the foreclosure litigation inventory as assigned by management.
• Support the Contested Foreclosure Specialists and legal firms by appearing in-person and telephonically as a records custodian and fact witness at trials, depositions, mediations, etc.
• Explain servicing processes under oath as needed.
• Travel for appearance in person for trials that do not allow the witness to appear telephonically will be required.
• Ability to read, review, and interpret mortgage loan documents for the purpose of appearing as a fact witness on contested litigated foreclosure matters.
• Settle cases with minimal supervision within given settlement authority parameters.
• Process attorney requests for settlement authority, check requests, to bring a suit to resolution.
• Coordinate efforts directly with the firms for efficient and effective responses to all requests for discovery to include admissions, interrogatories, and production of documents.
• Research pertinent points of law that affect the recovery efforts.
• Provide information support to the legal recovery efforts.
• Identify and escalate to Supervisor any issues such that cause liability or are above authority level.
• Identify and escalate to Supervisor and Team Lead any trends that could become problematic in future suits.
• Receive and process all correspondence received on accounts placed with assigned attorneys.
• Ensure that all actions, discovery, and witness requirements and obligations are tracked through Black Knight (LoanSphere), Finastra Fusion Servicing Director, or other tracking database.
• Work with management and other team members to ensure all appearances are covered as needed.
• Assist on any special projects assigned by management.
• Accept special tasks as necessary and assume responsibility for successfully achieving objectives.
• Performs additional projects and duties as assigned by management.
• *These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely.
• In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity.
• Items not marked (*) as essential on-site, may still require partial on-site work to perform the role satisfactorily.

Skills

Communication skills

Analytical skills

Organizational skills

Time management

Travel-ready

Education

High school diploma

Bachelor's degree preferred

Tools

Black Knight LoanSphere

Finastra Fusion Servicing Director

Job description

The Contested Foreclosure Specialist III at Newrez will provide litigation support to the Foreclosure Department, appearing at court appearances and depositions, and coordinating with outside counsel to maximize recovery. The role requires extensive travel and deep knowledge of mortgage servicing processes, with on-site work and collaboration across teams.

Five plus years of foreclosure or mortgage servicing experience, plus litigation exposure, are required.