Note: The job is a remote job and is open to candidates in USA. LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry. The Foreclosure Specialist II position is responsible for managing foreclosure issues, ensuring compliance with guidelines, and providing support to internal staff regarding foreclosure loans.
Responsibilities
- Responsible for document execution of various financial foreclosure documents required during the foreclosure process per Federal Compliance standards
- Beneficial to possess valid notary license
- Knowledgeable in agency, investor or insurer timelines and document requirements for judicial and non-judicial foreclosures
- Experienced in calculation and preparation of foreclosure judgment figures and state required documents
- Experienced Trial and Deposition knowledge and training beneficial
- Receives financial foreclosure documents via the LPS system
- Prints, reviews and executes the attorney provided foreclosure documents to prepare foreclosure loans for sheriff’s sale
- Calculates bidding instruction for nationwide foreclosure sales
- Reviews and provides HAMP certification nationwide notifications prior to foreclosure sale
- Ability to provide exceptional representation of LoanCare in a legal proceeding
- Works under general supervision applying well established techniques, procedures or specific standards
- Work reviewed for soundness of judgment and overall accuracy per company and federal compliance standards
- Executes policies at direction of supervisor and makes recommendations for change
- Internal/External contacts: Executive Management, Senior Management, Department Staff, Corporate Staff, Financial Institutions, Investors, Agencies, Approved Attorney Network
- All other duties as assigned
Skills
- High School Diploma or equivalent required
- Some college or the combination of equivalent work experience, knowledge, skills and abilities related to the position requirements
- Knowledge of mortgage banking, familiarity with RESPA, FFDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes
- Working knowledge of mortgage loan documentation, best servicing practices regarding foreclosure processing, default/foreclosure laws and regulations, including FNMA, FHLMC, FHA and VA
- Strong professional and interpersonal communication skills verbally and through written electronic correspondence
- Advanced multi-tasking and organizational skills with strong attention to detail
- Ability to read legal terms and conditions and understand their meaning and how it applies to work processes
- PC skills including, but not limited to, advanced Word, Excel, Access, Internet, MSP (LPS/Fidelity) application skills
- Ability to meet strict deadlines and take direction from more senior paralegals and attorneys
- Proven ability to prioritize workflow during high volumes and within critical timeframe
- Self-starter who is able to work in a fast paced, multi-faceted environment
- College degree preferred in Business, Math, English, Legal or other related subject and/or equivalent work experience
- Previous Default servicing experience: 2-5 years of foreclosure or mortgage default related experience (Foreclosure preferred) or 1-3 years of experience with mortgage loan software highly desirable
- Previous title work experience recommended
- Previous experience in monitoring activity of multiple accounts assigned to outside counsel
Benefits
- Optional medical, dental, vision, life, and disability insurance
- Paid holidays, vacation, and sick leave
- Matching 401(k) plan and employee stock purchase plan
- Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
- Programs that celebrate achievements and milestones
- Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.
- Flexibility to work remotely, while staying connected through virtual engagement
Company Overview