(#31620) Spec III, Dflt
The Default Specialist is responsible for minimizing risk exposure by working in partnership with Foreclosure, Bankruptcy, and REO vendors, in addition to Title Resolution and Closing Attorney resources to administer foreclosure cases requiring higher levels of proficiency due to complexity (analytical, technical, and business knowledge components)
The Default Specialist will:
- Manage and report on financial and accounting aspects of assigned portfolio, including performance and profitability, timelines of disposition, overall characteristics, status and general reporting to senior management
- Interface and coordinate with other departments, including Home Retention, Capital Markets, REO, Bankruptcy, Appraisal, Accounting, Legal, and Collections.
- Manage title and vesting process, including collateral issues, and work with vendors and custodians as necessary
- Provide support to local and outside to review and comment on court documents, assist in resolution of litigation matters and attorney inquiries, and consult with counsel on escalated borrower issues received by default management
- Coordinate and attend deposition, mediation, and trial date appearances with counsel and senior department personnel
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
What You’ll Bring:
- High School Diploma / GED
- 5+ years of relevant work experience
- Thorough knowledge of loan servicing, foreclosure, bankruptcy, REO, legal and title
- Must be highly proficient in Excel and Word
- Financial Services and, if possible, mortgage industry experience preferred