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12754 Foreclosure Specialist II

Our client is seeking a Foreclosure Specialist to monitor foreclosure loans and ensure that foreclosure actions on individual accounts are completed in a timely manner, according to investor/insurer, state, and regulatory guidelines, minimizing financial losses to the company.


1.Maintain attorney communication via phone, email, Fortracs, and Lenstar.

2.Responsible for timely processing of activities & responsiveness of alerts to ensure Foreclosure Timeline Management is met.

3.Minimize losses through management of attorney to ensure Foreclosure process is consistently progressing.

4.Responsible for special projects and reporting required by investors.

5.Ensure accounts are properly documented with actions taken, correspondence, and explanation of delay, if any. Ensure compliance with all state and investor requirements.

6.Negotiate any opportunities to shorten timeline, drive performance, or minimize loss. 7.Portfolio Management may include: •Maintaining average CAPES assigned by state and firm. •Following up with other departments and/or local counsel for outstanding items. •Providing information and chronologies for investor requested reporting. •Meet requirements/goals set forth for turn over ratio, FNMA timeline completion, milestone tracking exceptions, avoidable delays, and pull through rate.

EDUCATION / EXPERIENCE REQUIREMENTS •Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position is preferred. Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job. •Working knowledge of foreclosure law and terminology •Working knowledge of fraud and appraisal problems and able to detect •Proficiency with Fortracs/Lenstar preferred •4+ years of mortgage servicing default/foreclosure experience

Job Category: Administration
Job Location: Coral Gables FL

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