Salary
💰 $51,000 - $65,000 per year
About the role
- Maintain, review, follow up, and ensure timely and accurate completion of all regularly scheduled steps, including outstanding/late steps, within the foreclosure tracking template on a daily basis.
- Obtain approval for and properly manage any outstanding or upcoming events/tasks, including, but not limited to, completing steps within deadlines and ensuring the accuracy of dates entered.
- Communicate with assigned attorneys/trustees via vendor tracking software regarding delays and/or pending inquiries.
- Utilize all applicable tools available to effectively manage pipeline, system of record, and vendor tracking software.
- Ensure all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fees schedules.
- Properly maintain the system of record and/or vendor tracking software to ensure proper notification/reporting to investors, clients, borrowers, state, and/or federal/government agencies during foreclosure.
- Review future and upcoming sales, no less than five days prior to scheduling of sale, to ensure all requirements are met.
- Dispose and complete foreclosure sales and follow up on sale proceeds within respective judicial or non-judicial proceedings.
- Process all instructions for posting of funds within SLAs, ensuring timely and accurate instruction if/when funds or proceeds are received.
Requirements
- 5+ years of end-to-end foreclosure experience in the mortgage/banking space
- Keen understanding of the foreclosure process and the differences between judicial and non-judicial proceedings
- Full understanding of GSE (FNMA/FHLMC) and Government (GNMA) FHA/VA regulations/guidelines
- Strong communication skills, proficiency in the use of computers and software, attention to detail, persistence, and prioritizing
- Ability to multitask and follow mortgage-servicing guidelines accurately
- Assist with special projects and other duties as assigned.