Foreclosure Specialist II- Timeline Team

LoanCare; United States; Remote; USD 24,631 - 36,823; Full time

Benefits offered by this job

Health & Welfare Coverage

Paid holidays, vacation, and sick leave

Matching 401(k) plan

Employee stock purchase plan

Tuition reimbursement program

Job summary

A nationwide mortgage service provider seeks a Foreclosure Specialist II to manage foreclosure processes and compliance tasks, working with various stakeholders including investors and attorneys. The ideal candidate will have a strong background in mortgage banking, communication skills, and the ability to handle multiple accounts. They will execute important documents, calculate figures for judicial procedures, and support internal staff with foreclosure-related inquiries. This role offers a competitive hourly wage and a range of employee benefits.

Qualifications

• Minimum 2-5 years of foreclosure or mortgage default related experience.
• Ability to work in a fast-paced environment with strict deadlines.
• Knowledge of federal and state laws related to foreclosure and bankruptcy processes.

Responsibilities

• Responsible for document execution of financial foreclosure documents.
• Calculates bidding instruction for nationwide foreclosure sales.
• Provides exceptional representation in legal proceedings.

Skills

Knowledge of mortgage banking

Strong communication skills

Advanced organizational skills

PC skills including advanced Word and Excel

Education

High School Diploma or equivalent

College degree preferred in Business, Math, or Legal

Tools

LPS (Fidelity) application skills

Job description

Job Summary

The Foreclosure Specialist II position will report to the Foreclosure Supervisor. The incumbent is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and reporting in addition to ensuring compliance with all agency, investor and insurer guidelines. Support internal staff with questions regarding foreclosure loans within their delegated authority.

Responsibilities

• Responsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standards
• Beneficial to possess valid notary license
• Knowledgeable in agency, investor or insurer timelines and document requirements for judicial and non-judicial foreclosures
• Experienced in calculation and preparation of foreclosure judgment figures and state required documents
• Experienced Trial and Deposition knowledge and training beneficial
• Receives financial foreclosure documents via the LPS system
• Prints, reviews and executes the attorney provided foreclosure documents to prepare foreclosure loans for sheriff’s sale
• Calculates bidding instruction for nationwide foreclosure sales
• Reviews and provides HAMP certification nationwide notifications prior to foreclosure sale
• Ability to provide exceptional representation of LoanCare in a legal proceeding
• Works under general supervision applying well established techniques, procedures or specific standards
• Work reviewed for soundness of judgment and overall accuracy per company and federal compliance standards
• Executes policies at direction of supervisor and makes recommendations for change
• Internal/External contacts: Executive Management, Senior Management, Department Staff, Corporate Staff, Financial Institutions, Investors, Agencies, Approved Attorney Network
• All other duties as assigned

Qualifications

• High School Diploma or equivalent required
• Some college or a combination of equivalent work experience, knowledge, skills and abilities related to the position requirements
• College degree preferred in Business, Math, English, Legal or other related subject and/or equivalent work experience
• Knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes
• Previous Default servicing experience: 2-5 years of foreclosure or mortgage default related experience (Foreclosure preferred) or 1-3 years of experience with mortgage loan software highly desirable
• Working knowledge of mortgage loan documentation, best servicing practices regarding foreclosure processing, default/foreclosure laws and regulations, including FNMA, FHLMC, FHA and VA
• Strong professional and interpersonal communication skills verbally and through written electronic correspondence
• Advanced multi-tasking and organizational skills with strong attention to detail
• Ability to read legal terms and conditions and understand their meaning and how it applies to work processes
• PC skills including, but not limited to, advanced Word, Excel, Access, Internet, MSP (LPS/Fidelity) application skills
• Ability to meet strict deadlines and take direction from more senior paralegals and attorneys
• Proven ability to prioritize workflow during high volumes and within critical timeframe
• Self-starter who is able to work in a fast paced, multi-faceted environment
• Previous title work experience recommended
• Previous experience in monitoring activity of multiple accounts assigned to outside counsel

Total Rewards

• Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance
• Time Off: Paid holidays, vacation, and sick leave
• Retirement & Investment: Matching 401(k) plan and employee stock purchase plan
• Wellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
• Employee Recognition: Programs that celebrate achievements and milestones
• Lifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.

Compensation Range: $17.88 - $26.73 per hour. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.

Build Your Future with LoanCare™

• A culture that helps you thrive, with resources and support to fuel your growth
• Flexibility to work remotely, while staying connected through virtual engagement
• Opportunities to make a real impact in an industry that touches millions of lives
• If you're ready to grow your career in a place that values your contributions and empowers your success, we invite you to join our team.

About Remote Employment

We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS.

Who We Are

LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices over 1.8 million loans in 50 states. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry.

Work Conditions

Working conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Over time required as necessary. Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation.

EQUAL EMPLOYMENT OPPORTUNITY

LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.