Foreclosure Specialist III

The Foreclosure Specialist III will work with governmental agencies, special servicing clients, private label clients, and high-profile investors to provide foreclosure issue resolutions and minimize risks/mitigate loss outside of their delegated authority. They will also provide status updates and reporting to management and ensure compliance with agency, investor, and insurer guidelines. They are also expected to supports internal business units and staff with questions on foreclosure loans within their delegated authority, too. They should also assist with training and mentoring Foreclosure Specialist I and II, manage attorney communication through LoanSphere, ensure prompt and appropriate maintenance and actions on foreclosure portfolio, and ensure attorney firms send appropriate letters as described in servicing handbooks. Retaining familiarity of state/federal agency regulations, investor/insurer timelines, and document requirements for judicial and non-judicial foreclosures is required. The role also requires accurately calculating and providing bidding instructions to attorney firms for nationwide foreclosure sales for all investors, applying established techniques, procedures, or specific standards to work performed under general supervision, ensuring sound judgment and accuracy per company and federal compliance standards, and executing policies at direction of management and make recommendations for necessary changes.