Foreclosure Specialist

BSI Financial Services; Irving (TX); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, and vision

Company-paid life insurance

Disability coverage

401K with company matching

PTO 17 days

9 company paid holidays

Job summary

BSI Financial Services in Irving, TX is seeking a Foreclosure Specialist to manage loans from default through foreclosure sale in line with agency guidelines.

You will perform pre-foreclosure due diligence, provide referrals to counsel, and monitor milestones to expedite the process while maintaining accurate records. Strong organization and communication skills are essential.

Qualifications

• Ability to multi-task and prioritize effectively.
• Organizational skills and ability to handle confidential material.
• Excellent interpersonal, oral, and written communication skills.
• Ability to work in a team or independently.
• Understanding of mortgage terminology, risk, and compliance.
• Works well in a high pressure, fast-paced environment.
• Strong problem-solving and analytical abilities.
• Good research skills and client focus.
• Proficient with PC and MS Office (Excel and Word).

Responsibilities

• Manage loans from date of default through foreclosure sale under agency guidelines.
• Handle pre-foreclosure/due diligence and referrals to attorney for foreclosure commencement.
• Provide complete foreclosure referrals to attorney and monitor milestones.
• Follow up weekly to ensure files progress without delays.
• Maintain foreclosure status in all systems of records.
• Calculate foreclosure bid figures per agency guidelines.
• Respond promptly to internal and external requests; review attorney documents for accuracy.
• Clear queues daily and ensure compliance with legal requirements and internal policies.

Job description

• The Foreclosure Specialist is responsible for servicing loans from the date of the default through a foreclosure sale, following Agency guidelines.

Brief Description

• The Foreclosure Specialist is responsible for servicing loans from the date of the default through a foreclosure sale, following Agency guidelines.

What You Will Do

• Responsible for pre foreclosure /due diligence review prior to referral to attorney for foreclosure commencement
• Provide complete foreclosure referrals to attorney
• Diligent review of loans assigned to foreclosure attorney to assure that milestones are being
• completed and attorneys are expediting the foreclosure process to be completed within allowable state timelines.
• Aggressive follow up and high touches, at minimum weekly, to assure files are moving without delays
• Maintains current foreclosure status in all systems of records being used by BSI
• Calculates foreclosure bid figures in accordance with agency guidelines
• Timely response and follow up to all requests from internal and external contacts
• Review of legal documents/affidavits prepared by counsel for accuracy prior to executionClearing out and working queues assigned daily
• Responsible for meeting legal requirements and following internal policies.

What We’re Looking For

• Ability to multi-task & prioritize effectively and efficiently
• Organizational skills and ability to handle confidential material
• Highly effective interpersonal, oral, and written communication skills
• Ability to work well in a team environment or individually
• Understanding of mortgage terminology, risk, and compliance
• Works well in high pressure, fast paced environment
• Identify Issues and create resolutions quickly
• Ability to research extensively
• Problem Solving/Analysis
• Excellent computer skills
• Client Focus

Work Environment

• This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Ability to sit for long periods of time is essential.

Position Type And Expected Hours Of Work

• This is a full-time job in office position. Days of work are Monday through Friday.

Education And Experience

• Proficient with PC and related software such as Excel and Word
• 2+ years of related experience in the foreclosure industry
• Familiar with standard concepts, practices, and procedures for foreclosure processing to ensure that BSI always complies
• Knowledge of handling foreclosures from date of default through foreclosure sale
• Knowledge of HUD First Legal Deadline calculation and extension process

Other Duties

• Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

What’s in it for you?

• Competitive compensation and full benefits package include medical, dental, and vision.
• 100% company-paid life insurance and disability coverage!
• 401K with company matching!
• 17 days PTO (increases with tenure) and 9 company paid holidays!
• Professional but fun, casual work environment and great team culture!

About BSI Financial

Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.

BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S. companies.

EEO Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.