Foreclosure Specialist I (On-site)
newrezTempe, AZ
Foreclosure Specialist I (On-site)
newrezTempe, AZMid L4
Real Estate CreditOther Activities Related to Real EstateOther Activities Related to Credit Intermediation
APPLY NOW (opens in a new tab)Foreclosure Specialist IThe Foreclosure Specialist I monitors and processes accounts that are in the foreclosure process.
Principal Duties:
- Completes pre-foreclosure reviews to ensure loans are referred for foreclosure based on company requirements.
- Completes, monitors progress, and ensures deadlines are met for invoice approval, foreclosure referrals, foreclosure breach letters and collection letters.
- Completes, monitors progress, and ensures deadlines are met for property preservation, order values, and inspections.
- Calculates and prepares reinstatement, payoff figures, and other debt information to attorneys.
- Manages a pipeline of foreclosure loans to ensure timely processing and adherence to investor, insurer, and client requirements.
- Provides adequate and accurate information to assigned foreclosure counsel.
- Prepares bidding instructions for utilization at foreclosure sale.
- Manages daily exception report to confirm adequate oversight of assigned pipeline.
- Completes follow-ups with foreclosure counsel to obtain all foreclosure documentation as required.
- Makes and answers calls from attorney firms and vendors.
- Adherences to company and department policies and procedures.
- Follows established company guidelines to increase revenue and reduce losses.
- Reviews tasks daily to ensure they are completed within company timelines.
- Performs other duties and projects as assigned by Management.
- Education and Experience Requirements:
- High school diploma or equivalent required.
- College degree preferred.1-2 years Foreclosure or mortgage servicing related experience preferred.
- Previous experience in law office preferred.
- Knowledge, Skill, and Ability Requirements:
- Good verbal and written communication skills.
- Good computer and internet skills.
- Must be a self-starter with excellent time management skills and be able to work with general supervision applying established procedures and specific standards.
- Proficient use of Microsoft Office- Outlook and Excel
- Attention to detail and ongoing time management.
- LoanSphere/BKFS experience preferred.
Additional Information:
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
- Newrez NOW:1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
- Matching Gifts Program - dollar-for-dollar up to $1,000 Access to grants, nonprofit resources, and volunteer opportunities
- More than $6,000,000 donated since 20201 in 5 employees participates in at least one Employee Resource Group (ERG)
Equal Employment Opportunity:
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
Matching similar jobs
Level
Mid L4
Location
Tempe, AZ
Occupation
Loan Officers
Industry
Real Estate Credit
Posted
2 days ago