Foreclosure Specialist

Cornerstone Capital; Englewood (CO); On-site; USD 50,000 - 60,000; Full time

Benefits offered by this job

Competitive salary

Full benefits package

Performance-based bonus

Job summary

Cornerstone Capital is seeking a Foreclosure Specialist in Englewood, Colorado. This role involves monitoring foreclosure workflows and ensuring compliance with legal standards. The ideal candidate will have a high school diploma, with preferred experience in mortgage servicing and foreclosure procedures. We offer a competitive salary between $50,000 and $60,000, along with comprehensive benefits and the potential for performance bonuses. Join a team committed to excellence and customer service.

Qualifications

• Minimum 2+ years mortgage servicing experience preferred.
• Minimum 2+ years foreclosure experience preferred.
• Requires extreme attention to detail and adherence to guidelines.

Responsibilities

• Monitor and manage foreclosure workflows in compliance with laws.
• Coordinate with stakeholders involved in the foreclosure process.
• Prepare financial figures and documentation as needed.

Skills

Attention to detail

Customer service

Mortgage servicing

Foreclosure knowledge

Computer software proficiency

Education

High School Diploma/GED or equivalent work experience

Tools

LPS Desktop Solution

Windows

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

• Pay or shift range: $50,000 USD to $60,000 USD
  
  The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Description

***No agencies or 3rd party Recruiters please. Thank you! ***

Who we are:

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions.

We honorGodby using our talents to make apositive differencein the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are lookingfor:

The Foreclosure Specialist will monitor, and complete certain operational activities related to the foreclosure action in accordance with statutory compliance, regulatory compliance, and company guidelines. This position is responsible for managing foreclosure operational workflow processes. These files should be managed in accordance with established work rules, goals & objectives to improve timeline and attorney performance. The candidate will be expected to establish/maintain a culture of team collaboration, accountability, operational excellence, and unwavering commitment to customer service and satisfaction.

• Compensation: $50-60k

Key Responsibilities:

• Service mortgage accounts to ensure the foreclosure is processed in compliance with all state and federal laws, while maintaining compliance with Investor, Insurer, Agency, and Company guidelines. This includes the following:
  • Monitors delinquent files and ensures applicable files are breached by the required milestone(s)
  • Monitors delinquent files and ensures the foreclosure referral review is completed by the required milestone(s)
  • Monitors pre-foreclosure review timelines on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, and any other party involved with the pre-foreclosure
  • Ensure all eligible delinquent loans are referred to foreclosure, preparing the foreclosure recommendation package by the required milestone(s)
  • Coordinates delivery and receipt of any copies or original documents needed by counsel
  • Prepare financial figures as needed by counsel. This includes but it not limited to judgment figures, foreclosure bids, reinstatement quotes, and pay off quotes.
  • Prepares a pre-sale checklist to ensure the upcoming sale has been scheduled in compliance with guidelines
• Manages reports geared to drive workflow
• Manages exception reporting used as key controls for minimizing risk
• Follow departmental and business policies with strict adherence
• Prioritize allocated work to ensure timely and accurate resolution to both external and internal partners
• Perform related duties as assigned by manager

What you’ll need to be successful:

• High School Diploma/GED or equivalent work experience
• Minimum 2+ Years Mortgage Servicing Experience Preferred
• Minimum 2+ Years Foreclosure Experience Preferred
• GSE and Government Experience Preferred
• LPS Desktop Solution Experience Preferred
• Knowledge of basic computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook.
• Requires an extreme attention to detail and ability to adhere to strict guidelines and procedures.
• Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service.
• Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices.

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, onceyou'rea part of our Cornerstone team, we'll continue to invest in you asa valuable assetto our company. As many of our team members can tell you, there's something special about working at Cornerstone.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.