Sr. Default Litigation Loan Servicing Specialist - Foreclosure

WHAT YOU'LL DO

• Experienced team member to manage the high risk portfolio associated with the position to ensure compliance with regulatory guidelines.
• Oversight of counsel's legal proceedings in the jurisdiction to ensure appropriate action is take and all milestones are met.
• Service mortgage accounts to ensure a variety of foreclosure, and bankruptcy, and escalated activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines.
• Act as representative to the company in witness capacity for mediations, settlement, non-jury trials, jury trials and depositions.
• Responsible for servicing mortgage accounts to ensure the foreclosure and bankruptcy are processed in compliance with all state and federal laws, while maintaining compliance with Investor, Insurer, Agency, and company guidelines.
• Conducts complete reviews of files to ensure all default time frames have been met.
• Manages default proceedings on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, insurers, trustees, appraisers, and any other party involved with the default process.
• Monitors attorney performance by reviewing all proceedings, records and time frames in addition to working all system/ database activities throughout the default process.
• Audit accounts for expense compliance and ensures proper application to system of record
• Perform required research on any loan with questionable items such as the application of payments, proper notification, and any other situation that may arise
• Manage exception reporting used as key controls for minimizing risk. Tracks trends and recommends process improvements
• Experienced team member to manage the high risk portfolio associated with the position to ensure compliance with regulatory guidelines.
• Oversight of counsel's legal proceedings in the jurisdiction to ensure appropriate action is take and all milestones are met.
• Service mortgage accounts to ensure a variety of foreclosure, and bankruptcy, and escalated activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines.
• Act as representative to the company in witness capacity for mediations, settlement, non-jury trials, jury trials and depositions.
• Responsible for servicing mortgage accounts to ensure the foreclosure and bankruptcy are processed in compliance with all state and federal laws, while maintaining compliance with Investor, Insurer, Agency, and company guidelines.
• Conducts complete reviews of files to ensure all default time frames have been met.
• Manages default proceedings on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, insurers, trustees, appraisers, and any other party involved with the default process.
• Monitors attorney performance by reviewing all proceedings, records and time frames in addition to working all system/ database activities throughout the default process.
• Audit accounts for expense compliance and ensures proper application to system of record
• Perform required research on any loan with questionable items such as the application of payments, proper notification, and any other situation that may arise
• Manage exception reporting used as key controls for minimizing risk. Tracks trends and recommends process improvements

WHAT YOU'LL BRING

Knowledge and Skills/Technology Used

• High School diploma or equivalent, Paralegal Degree or Certificate preferred
• College preferred
• 3 years of directly related experience such as Mortgage Litigation, Mortgage Servicing, Mortgage Title Resolution, legal and/or financial
• Good verbal and written communication skills
• Extreme attention to detail and ability to adhere to strict guidelines and procedures
• GSE and Government experience preferred
• MSP and LoanSphere experience preferred
• Proficient in Microsoft Word, Excel and PowerPoint
• Working knowledge of computer software programs to include Windows, Microsoft Word and Excel, Internet and
• Microsoft Outlook experience preferred
• Strong attention to detail and ability to adhere to strict guidelines and procedures
• Ability to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service
• Ability to work independently and carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
• Ability to effectively coach, motivate and lead team members
• Strong written and verbal communication skills
• Strong interpersonal skills
• Self-motivated; self-starter
• Ability to manage multiple tasks and respond quickly to emergent problems

Candidates selected for employment will be required to successfully complete a background check and credit check as a condition of employment, where permitted by applicable law.