Mortgage Pre Foreclosure Specialist II

Truist Financial Corporation; Richmond (VA); Hybrid; USD 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to manage foreclosure processes and ensure compliance with guidelines. This role involves preparing foreclosure letters, reviewing documents, and maintaining quality standards in a fast-paced environment. The ideal candidate will possess strong communication and analytical skills, with a background in mortgage operations. Enjoy a mix of in-office and remote work, along with comprehensive benefits including medical, dental, and retirement plans. Join a team dedicated to excellence and make a significant impact in the mortgage sector.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Paid Vacation

Sick Days

Holidays

Pension Plans

Stock Units

Deferred Compensation

Qualifications

• 2+ years experience in Mortgage, Operations, or related fields.
• Knowledge of default servicing and mortgage systems.

Responsibilities

• Prepare and send foreclosure letters and documents.
• Monitor loans for third-party funds and foreclosure results.

Skills

Mortgage Operations

Quality Assurance

Microsoft Office

Communication Skills

Analytical Skills

Education

High School Diploma

Bachelor's Degree

Tools

Microsoft Excel

WebEx

GoToMeeting

Skype

Job description

Job Description

Please review the following job description:

Position Overview: Responsible for sending foreclosure letters, referring loans to foreclosure, performing service member reviews, creating foreclosure bids, reviewing foreclosure documents, and providing bidding instructions.

Essential Duties and Responsibilities

1. Prepare and send foreclosure letters.
2. Perform service member reviews and refer files to foreclosure.
3. Review foreclosure documents, prepare foreclosure bids, and monitor foreclosure sale results.
4. Monitor loans for third-party funds, foreclosure redemption, confirmation, and rescissions.
5. Review and reconcile corporate advance expenses.
6. Review and address suspense balances.
7. Enter foreclosure credit reporting events.
8. Ensure compliance with investor, department, and company guidelines.
9. Maintain quality, productivity, attendance, and SLA expectations.
10. Perform all other duties as assigned.

Qualifications

Required Qualifications:

• High school diploma or equivalent.
• Two or more years of experience in Mortgage, Operations, Default, Quality Assurance, or related fields.
• Knowledge of basic default servicing and mortgage systems.
• Proficiency in Microsoft Office, including Excel formulas.
• Strong communication, interpersonal, organizational, and time management skills.
• Ability to work in a fast-paced, changing environment.
• Strong analytical and decision-making skills.
• Experience with collaboration platforms like WebEx, GoToMeeting, Skype.

Preferred Qualifications:

• Bachelor’s degree in a relevant field.
• Mortgage default experience.
• Knowledge of GSE servicing guidelines and mortgage applications.

Work Conditions

Sitting, walking, lifting up to 25 lbs., and working in an office environment with standard office equipment. Availability to work scheduled hours, including overtime, and up to 10% travel. The position involves in-office work 4 days a week and remote work 1 day a week.

Benefits

Eligible employees receive medical, dental, vision, life insurance, disability, savings plans, 401k, paid vacation, sick days, and holidays. Additional benefits may include pension plans, stock units, and deferred compensation, depending on the position and division. For details, visit our Benefits site.

Equal Opportunity Statement

Truist is an Equal Opportunity Employer and maintains a Drug-Free Workplace. For more information, see the provided links.