Newrez

Foreclosure Specialist III (On-site)

TX HoustonFull timeMidPosted 6 days ago
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Who We AreAt Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.Primary FunctionThe Foreclosure Specialist III monitors and processes accounts that are in the foreclosure process.Principal DutiesCompletes pre-foreclosure reviews to ensure loans are referred for foreclosure based on company requirements.Completes, monitors progress, and ensures deadlines are met for invoice approval, foreclosure referrals, foreclosure bidding instructions and other tasks.Completes, monitors progress, and ensures deadlines are met for property preservation, order values, and inspections. Calculates and prepares reinstatement, payoff figures, and other debt information to attorneys.Manages a pipeline of foreclosure loans to ensure timely processing and adherence to investor, insurer, and client requirements.Provides adequate and accurate information to assigned foreclosure counsel.Prepares bidding instructions for utilization at foreclosure sale.Manages daily exception report to confirm adequate oversight of assigned pipeline.Completes follow-ups with foreclosure counsel to obtain all foreclosure documentation as required.Makes and answers calls from attorney firms and vendors.Works with network of attorneys and management team to develop strategic resolution plans for aging actions within foreclosure process.Maintains working knowledge of in-depth foreclosure requirements of investors, insurers, and clients to ensure premier performance.Manages attorneys to ensure Foreclosure process is consistently progressing.Ensures accounts are properly documented with accurate and comprehensive status updates.Follows established company guidelines, department policies and procedures.Ensures compliance with all investor requirements.Identify opportunities to shorten timelines, drive performance and minimize loss.Assists management team in development of talent through mentoring of junior staff members.Performs other duties and projects as assigned by Management.Education and Experience Requirements  High school diploma or equivalent required.College degree preferred.5+ years direct foreclosure or mortgage servicing related experience preferred.Previous experience in law office or mortgage servicing company required.Knowledge, Skill, and Ability Requirements Good computer and internet skills.Good verbal and written communication skills.Must be a self-starter with excellent time management skills and b...