Pre-Foreclosure Process Specialist II

Carrington; Augusta (ME); On-site; USD 33,000 - 36,000; Full time

Benefits offered by this job

Healthcare plans

401(k) match

Employee discounts

Training programs

Educational Reimbursement

Community charitable foundation

Job summary

Carrington Mortgage Services in Augusta, ME seeks a Pre-Foreclosure Specialist II to monitor vendors and CMS activities during breach processing, process eligible foreclosure referrals, and validate referrals to meet timelines while ensuring compliance with state and federal laws. The approved starting pay is $24-$26/hour.

You’ll collaborate with default and servicing groups, perform daily follow-up, prepare files, and manage breach dispositions within SLAs while maintaining thorough

Qualifications

• High School Diploma or equivalent work experience; some college preferred.
• Two (2) years of Foreclosure experience or a combination of three (3) years’ banking/mortgage experience.
• Notary Public or prior Paralegal experience preferred.

Responsibilities

• Maintains, reviews, follows up, and ensures timely and accurate completion of all regularly scheduled steps within the foreclosure referral process on a daily basis.
• Effectively communicates with default and servicing support groups and clients during the foreclosure referral proceedings.
• Performs routine follow-up on a daily basis.
• File preparation and bulk dispositioning during breach processing.
• Dispositioning of breach or re-breach requests within established service level agreements (SLAs).
• Pre-Foreclosure referral due diligence completed to ensure adherence and compliance with all state, federal, and investor requirements.
• Proper management of Custodians during collateral order, scanning, and foreclosure template setup.
• Utilizes all applicable tools available to effectively manage the pipeline, which may include, but not limited to: system of record, vendor tracking software-queuing, as well as control reporting.
• Properly maintains system of record and/or vendor tracking software to ensure proper notification/reporting to Investor, Client, Borrower, State, or Federal/Government Agency during foreclosure referral completion.
• Ensures all foreclosure procedural documents are imaged timely.
• Works with immediate team lead or supervisor for optimal resolutions on “exception cases”/lien threats including but not limited to tax sales, drug seizures, or contested foreclosures as identified.
• Identifies, remediates, and resolves complex/escalated matters with management guidance and approval to avoid delays in the foreclosure process.
• Documents all servicing, action taken, delays, follow-up, and phone conversations in the system notes.
• Monitors vendor performance and properly notifies Department Manager, Vendor Management, Oversight Management, or Client Management when performance issues occur (vendors’ inability/failure to comply with investor/insurer procedures and/or CMS requirements).
• Performs other duties and special projects as assigned.

Skills

Self-motivation

Communication

Time management

Negotiation

Organizational skills

Attention to detail

Teamwork

Loan evaluation

Education

High School Diploma or equivalent work experience; some college preferred.

Two (2) years of Foreclosure experience or a combination of three (3) years’ banking/mortgage experience

Notary Public or prior Paralegal experience preferred.

Tools

System of record

Vendor tracking software

Job description

Carrington Mortgage Services in Augusta, ME seeks a Pre-Foreclosure Specialist II to monitor vendors and CMS activities during breach processing, process eligible foreclosure referrals, and validate referrals to meet timelines while ensuring compliance with state and federal laws. The approved starting pay is $24-$26/hour.

You’ll collaborate with default and servicing groups, perform daily follow-up, prepare files, and manage breach dispositions within SLAs while maintaining thorough