[Hiring] Foreclosure Specialist @Planet Home Lending

Role Description

The Foreclosure Specialist is responsible for evaluating loans to determine if foreclosure is the best course for Planet Home Lending and its investors. This position will refer loans to approved attorneys and monitor to ensure foreclosure and bankruptcy activity meets timelines established by Planet Home Lending or its investors. Maintain state and regulatory compliance, as well as assist attorneys in responding to any defensive or litigated matter.

• Evaluates loans to determine if foreclosure is the best course of action for Planet Home Lending and its investors.
• Ensures pre-foreclosure requirements have been satisfied.
• Refers accounts to approved Planet Home Lending attorneys to initiate and foreclose within established foreclosure timelines through conveyance.
• Monitors attorney progress during the foreclosure process, instructing attorneys on activities to complete actions, facilitating timely document execution, and invoice processing.
• Maintains foreclosure workstation tracking and coding, timely reporting of foreclosure milestones, and obtaining approvals as needed from the investors or agencies.
• Upholds state and regulatory compliance prohibiting dual tracking, other foreclosure holds, and responding to complaints.
• Knowledge of investor requirements to ensure the foreclosure actions are in full compliance with requirements.
• Utilizes Planet Home Lending approved attorneys to defend, resolve and/or settle any counterclaims/defenses made by the mortgagors or third parties.
• Other duties as assigned.

Qualifications

• High School diploma required.
• College degree in Business, or work experience equivalent preferred.
• Minimum two (2) years of Foreclosure, or paralegal or law firm experience OR minimum one (1) year of default mortgage servicing.
• Knowledge of mortgage banking practices and procedures including familiarity with FHMLC, FNMA, VA, FHA, USDA guidelines and timeframes.
• Working knowledge of Default Servicing procedures.
• Effective verbal and written communication skills.
• Strong mathematical skills.
• Strong attention to detail.
• Ability to multi-task and manage time effectively.
• Must be flexible, organized and have the ability to manage multiple priorities and meet strict deadlines in a fast-paced work environment.
• Ability to problem-solve effectively.
• High proficiency in Microsoft Office products including Excel, Word, Outlook. LPS servicing system experience preferred.

Requirements

• Work is typically performed in a standard office environment.
• The employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch.
• The employee must occasionally lift and/or move up to 10 pounds.
• Specific vision abilities required by this job include close vision, and ability to adjust focus.
• Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Benefits

• 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance.
• Short term and long-term disability insurance.
• Basic life insurance.
• 401(k) plan.
• 11 employer paid holidays.
• Supplemental benefits including life insurance, critical illness and accident plans.