[Hiring] Senior Foreclosure Specialist @Carrington Mortgage

Role Description

Come join our amazing team and work remote from home! The Sr. Foreclosure Specialist will be responsible for monitoring vendor activities during the processing of an eligible foreclosure referral and/or foreclosure referred loan; relative to the accurate and timely handling of residential mortgage in accordance with applicable state requirements.

• Effectively collaborate and communicate with support groups within default; to ensure optimal resolution and/or outcome.
• Assist with new hire training, as well as meeting preparation with groups outside of immediate work area within a SME capacity.
• Perform all duties in accordance with the company’s policies and procedures, investor requirements and all US state and federal laws and regulations.
• The Target Pay range for this position is $24.00-$27.00 an hour.

What you'll do:

• Maintains, reviews, follows-up and ensures timely and accurate completion of all regular scheduled steps including outstanding/late steps within the foreclosure tracking templates on a daily basis.
• Effectively communicates with team, default support groups, clients, and investors during foreclosure proceedings.
• Obtains approval, and properly manages any outstanding or upcoming event/task, including completing steps within deadlines and accuracy of dates entered.
• Proper management of Custodians during collateral order and/or document scanning and upload - upon receipt.
• Communicates with assigned attorney/trustees via vendor tracking software regarding delays and/or pending inquiries.
• Utilizes all applicable tools to effectively manage pipeline, system of record, vendor tracking software-queue, as well as control reporting.
• Provision timely and accurate figures, information, documents, or instructions to assigned attorney/trustee/vendor within SLA as outlined in foreclosure and/or default procedures.
• Process all fee/cost/figure related inquiries within SLA to ensure proper loan dispositioning, system coding, investor reporting and/or funds’ processing.
• Ensures all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fees schedules.
• 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 a foreclosure completion.
• Ensures all foreclosure procedural documents are imaged timely.
• Identifies and analyzes “exception cases”/lien threats including but not limited to tax sales, drug seizures, and contested foreclosures and makes recommendations for a resolution and develops action plan and timeline with the attorney.
• Notifies the manager and the investor/insurer as required.
• Identifies, remediates, and resolves complex/escalated matters with management guidance, and approval to avoid delays in the foreclosure process.
• Readily available to assist with new hire training.
• Assist with workflow based presentations, projects, or initiatives preparation within a SME capacity.
• Verifies taxes and insurance are maintained, as well as paid timely.
• Documents all servicing activities, 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.
• Reviews future and upcoming sales, no less than 5 days prior to scheduling of sale, to ensure all requirements are met.
• Transfers files for conveyance/claim filing and/or to REO within 24 hours after the foreclosure sale of completion of the Ratification, Confirmation or Redemption period.
• Proper disposition and completion of a foreclosure sale, and follow up on sale proceeds within its respective judicial or non-judicial proceeding.
• Compiles, maintains, and ensures proper system coding for accurate and appropriate IRS 1099A/1099C (on foreclosed loan in the same month of sale completion).
• Processes all instructions for posting of funds within SLAs; ensures timely and accurate instruction if/when funds or proceeds are received.
• Performs other duties and special projects as assigned.

Qualifications

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

Requirements

• Ability to self-motivate and work with little to no supervision.
• Ability to understand opposing points of view on highly complex issues and to negotiate, and integrate different viewpoints.
• Ability to make decisions that have significant impact on immediate work unit.
• Ability to organize and prioritize own work schedule on short-term basis.
• Ability to add, subtract, multiply, divide and to record, balance and check results for accuracy.
• Ability to compose materials such as detailed reports, work-related manuals, publications of limited scope or impact.
• Ability to manage work in order to meet strict deadlines.
• Excellent written and oral communication, organizational, and time management skills.
• Ability to handle multiple tasks under pressure and changing priorities.
• Strong interpersonal skills with a focus on teamwork and quality of loan evaluation.
• Understanding the foreclosure process and understanding the difference between Judicial and Non-Judicial proceedings.

Benefits

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.