Foreclosure Specialist (1796) in Irving, TX at Champion Mortgage

Date Posted: 1/11/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Irving, TX
  • Job Type:
    Management
  • Experience:
    Not Specified
  • Date Posted:
    1/11/2018

Job Description



Ready to be a Cooper too? This might just be right up your alley!



JOB SUMMARY
Monitors foreclosure loans and ensures 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.
 

ESSENTIAL JOB FUNCTIONS

  • Maintain attorney communication via phone, email, Fortracs, and Lenstar.
  • Responsible for timely processing of activities & responsiveness of alerts to ensure Foreclosure Timeline Management is met.
  • Minimize losses through management of attorney to ensure Foreclosure process is consistently progressing.
  • Responsible for special projects and reporting required by investors.
  • Ensure accounts are properly documented with actions taken, correspondence, and explanation of delay, if any.
  • Ensure compliance with all state and investor requirements.
  • Negotiate any opportunities to shorten timeline, drive performance, or minimize loss.
  • 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
  • 1+ years of mortgage servicing default/foreclosure experience


Job Requisition ID:

1796

Job Category:

Servicing

Primary Location City:

Irving

Primary Location Region:

Texas

Primary Location Postal Code:

75063

Primary Location Country:

United States of America

Posting Organization:

Champion Mortgage

Line of Business:

Servicing

Additional Posting Location(s):