Foreclosure Specialist maintains current foreclosure status of assigned accounts. Processes foreclosure cases accurately and timely. Being a Foreclosure Specialist calculates and prepares reinstatement, payoff figures and other debt information to attorneys. Requires a high school diploma or equivalent. Additionally, Foreclosure Specialist typically reports to a supervisor. The Foreclosure Specialist works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Foreclosure Specialist typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
```Duties``` As a Foreclosure Specialist, you will be responsible for managing the foreclosure process for delinquent accounts. Your duties will include: - Reviewing and analyzing loan files to determine foreclosure eligibility - Coordinating with attorneys, trustees, and vendors to facilitate the foreclosure process - Ensuring compliance with all state and federal regulations related to foreclosure proceedings - Communicating with borrowers regarding foreclosure timelines and options - Managing foreclosure timelines and deadlines to ensure timely resolution ```Experience``` To excel in this role, the ideal candidate should possess the following skills and experience: - Experience in loan origination, processing, or underwriting - Strong mathematical skills with a focus on basic math and financial calculations - Knowledge of loan documents, contracts, Truth in Lending Act (TILA), and other relevant financial services regulations - Familiarity with loan officer duties and responsibilities - Proficiency in 10-key typing for accurate data entry This position requires attention to detail, excellent organizational skills, and the ability to work efficiently under pressure. If you have a background in financial services and a passion for helping clients navigate challenging situations, we encourage you to apply for this rewarding opportunity.
Job Type: Full-time
Pay: From $20.00 per hour
Expected hours: 40 per week
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Work Location: In person