[Remote] Foreclosure Specialist II- First Legal Team
Note: The job is a remote job and is open to candidates in USA. LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry. They are seeking a Foreclosure Specialist II to work with governmental agencies and clients to resolve foreclosure issues, ensure compliance, and manage attorney communications.
Responsibilities
- Work with governmental agencies, special servicing clients, private label clients, and high-profile investors to provide foreclosure issue resolutions and minimize risks/mitigate loss outside of their delegated authority
- Provide status updates and reporting to management; ensure compliance with agency, investor, and insurer guidelines
- Support internal business units with questions on foreclosure loans within their delegated authority
- Manage attorney communication through LoanSphere
- Ensure prompt and appropriate maintenance and actions on foreclosure portfolio
- Ensure attorney firms send appropriate letters as described in servicing handbooks
- Maintain knowledge in state/federal agency regulations, investor/insurer timelines, and document requirements for judicial and non-judicial foreclosures
- Accurately calculate and provide bidding instructions to attorney firms for nationwide foreclosure sales
- Apply established techniques, procedures, or specific standards to work performed under general supervision; ensure sound judgment and accuracy per company and federal compliance standards
- Execute policies at direction of management and make recommendations for necessary changes
- All other duties as assigned
Skills
- High School Diploma or equivalent required
- Some college or the combination of equivalent work experience and knowledge/skills/abilities related to the position's job duties
- 2+ years of foreclosure or mortgage default related experience (foreclosure preferred)
- Knowledge of mortgage banking and familiarity with RESPA, FDCPA, GLBA, OCC, CFPB, SCRA, and federal/state laws related to foreclosure and bankruptcy processes
- Working knowledge of mortgage loan documentation; foreclosure processing best servicing practices; default/foreclosure laws and regulations; and FNMA, FHLMC, FHA, and VA guidelines
- Ability to provide exceptional representation of LoanCare in a legal proceeding
- Strong professional, interpersonal, and verbal/written communication skills
- Advanced multitasking and organizational skills with strong attention to detail
- Ability to comprehend legal terms/conditions and apply them to work processes
- Ability to use a personal computer and research the internet
- Advanced skills in Microsoft Office products (Word, Excel, and Access) and MSP and LoanSphere applications
- Ability take direction from senior paralegals and attorneys
- Ability to prioritize workflow and work in a high-volume, fast paced, multifaceted, and time-sensitive environment
- Ability to work independently with minimal direction and effectively meet deadlines
- Trial and deposition training/knowledge and experience beneficial
- Previous title work experience preferred
- Experience monitoring the activity of multiple accounts assigned to outside counsel
- Notary Public commission beneficial but not required
Benefits
- Optional medical, dental, vision, life, and disability insurance
- Paid holidays, vacation, and sick leave
- Matching 401(k) plan and employee stock purchase plan
- Access to mental health resources, including freeCalmmemberships, and initiatives that promote physical and emotional well-being
- Programs that celebrate achievements and milestones
- Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to atuition reimbursement programthat supports your continued education and professional growth.
- Flexibility to work remotely, while staying connected through virtual engagement
- 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
Company Overview