You might also like
in Coral Gables, FL
Foreclosure Specialist II
Verified Pay | $20 per hour |
---|---|
Hours | Full-time, Part-time |
Location | Coral Gables, FL Coral Gables, Florida |
About this job
Job Description
Seeking a Foreclosure Specialist II to join our clients team in Coral Gables, FL! This contract to possible hire position is with a reputable company in the Mortgage Industry!
- Position: Foreclosure Specialist II
- # of openings: 2
- Location: Coral Gables, FL 33146 (fully on-site)
- Schedule: M-F 8am-5pm
- Duration: contract role, at least until September, potential to convert based on business needs and performance
- Pay: $20/hour
- Start Date: ASAP
JOB SUMMARY
Monitors foreclosure loans and ensures that foreclosure actions on individual accounts are completed in a timely manner, according to investor/insurer, state, and regulatory guidelines, minimizing financial losses to the company.
ESSENTIAL JOB FUNCTIONS
- 1.Maintain attorney communication via phone, email, Fortracs, and Lenstar.
- 2.Responsible for timely processing of activities & responsiveness of alerts to ensure Foreclosure Timeline Management is met.
- 3.Minimize losses through management of attorney to ensure Foreclosure process is consistently progressing.
- 4.Responsible for special projects and reporting required by investors.
- 5.Ensure accounts are properly documented with actions taken, correspondence, and explanation of delay, if any. Ensure compliance with all state and investor requirements.
- 6.Negotiate any opportunities to shorten timeline, drive performance, or minimize loss.
- 7.Portfolio Management may include:
- Maintaining average CAPES assigned by state and firm.
- Following up with other departments and/or local counsel for outstanding items.
- Providing information and chronologies for investor requested reporting.
- Meet requirements/goals set forth for turn over ratio, FNMA timeline completion, milestone tracking exceptions, avoidable delays, and pull through rate.
EDUCATION / EXPERIENCE REQUIREMENTS
- Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position is preferred. Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job.
- Working knowledge of foreclosure law and terminology
- Working knowledge of fraud and appraisal problems and able to detect
- Proficiency with Fortracs/Lenstar preferred
- 4+ years of mortgage servicing default/foreclosure experience
PHYSICAL CONDITIONS/WORKING ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Individuals may need to sit or stand as needed; may require walking, primarily on a level surface, throughout the day; reaching above shoulder heights, below the waist or lifting as required to file documents or store materials; proper lifting techniques required; may include lifting up to 25 pounds for files or paper. Note any additional physical requirements for the job (e.g. heavy lifting requirements).