Foreclosure Specialist

Job Description

Job Description

Description :

The Foreclosure Specialist is responsible for an assigned caseload of mortgage loans under the management of Default Servicing due to Foreclosure, litigation or liquidation. Responsibility includes but is not limited to ensuring all investor guidelines are adhered to, timelines are monitored and met while minimizing risk to Servbank and clients. All employees are expected to provide quality customer service and maintain high ethical standards when serving our clients.

About Servbank

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

Duties and Responsibilities :

• Manage pipeline of Active and Suspended Foreclosure loans from the referral through the post-sale process. Documenting all loan-level efforts into the Foreclosure Workstations in MSP and LoanSphere.
• Review and provide designated counsel all documentation necessary to effectively manage the Foreclosure process to ensure all accounts are being managed according to investor and insurer timelines.
• Coordinate with our Attorney network to maximize efficiency and timeliness of resolution through loss mitigation options or Foreclosure sale.
• Prepare relevant legal documents to be executed by management including, Affidavits, Assignment of Mortgage, SOT’s and other Foreclosure related documents.
• Review incoming expenses for invoices or additional fees for accuracy and investor compliance.
• Maintains a thorough working knowledge of all State, Federal, County and City requirements and regulations. Attends training sessions as required.
• Performs such other duties as may be assigned by Default Management

Requirements :

Education :

EEO Statement : We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.