Foreclosure Specialist Jobs
A Foreclosure Specialist is a key professional in the banking industry who oversees the foreclosure process. They manage and process foreclosure cases, coordinate with legal teams and other involved parties, conduct property appraisals, and communicate with clients to resolve delinquent accounts. Their main goal is to minimize loss for the bank by ensuring all foreclosure procedures are complied with, including legal requirements and internal policies. Foreclosure Specialists may also play a crucial role in loss mitigation, trying to work out agreements between borrowers and the bank to avoid foreclosures.
Essential skills for a Foreclosure Specialist include strong knowledge of foreclosure laws and real estate procedures, high attention to detail, excellent communication, and negotiation abilities. These professionals should be certified in foreclosure or have a related qualification like a degree in Business or Finance. Prior to becoming a Foreclosure Specialist, an individual may have roles such as Loan Processor, Loss Mitigation Specialist, or Real Estate Paralegal, all of which provide relevant experience and knowledge in real estate, law, and financial processes.
Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Loan...
As a Mortgage Servicing Specialist, you will have the opportunity to work directly with members by answering questions and requests regarding their mortgage account on a daily basis....
Work Location: Greenville, South Carolina, United States of America Hours: 40 Pay Details: $25.00 - $37.25 USD TD is committed to providing fair and equitable compensation opportunities to all...
Dividend - Loan Resolution Specialist (Collections)-8
- Las Vegas, NV
- 3 days ago
- Las Vegas, NV
- 3 days ago
Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Loan...
Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Loan...
Skills, Abilities, and Knowledge Ability to obtain and maintain ongoing Mortgage Loan Originator License. Proficient in Microsoft Word and Excel....
Our Company: Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional...
Consumer Loan Resolution Specialist - Credit Resolution
- Ellwood City, PA
- 4 days ago
- Ellwood City, PA
- 4 days ago
SUMMARY: Manages the day-to-day collections of a portfolio of credit lines and consumer and personal loans both secured and unsecured. Maintains a comprehensive knowledge of applicable state and...
Job Details Job Location : Corporate Office - Rapid City, SD Salary Range : Undisclosed Description General Purpose: Primary support and contact for all of mortgage servicing....
Skills, Abilities, and Knowledge Ability to obtain and maintain ongoing Mortgage Loan Originator License. Overall knowledge of mortgage loan servicing and loan modification process....
Schedule Mon Sat Flex Overview Under the direction of the manager is responsible for performing collection activities associated with various negative shares and delinquent member accounts,...
lender in Colorado....
The position of Mortgage Servicer II has a leadership mindset, performs direct support duties of department, takes initiative to coordinate with team for coverage for Mortgage Servicing in all related...
, loss mitigation, loan processing, loan modification + Strong communication skills + Attention to detail + Organized and self-motivated + Ability to meet strict deadlines + Ability to work with minimal...
SBA loan documentation, servicing and liquidations requirements is a plus Experience in 1st party/3rd party collections required Functional / Technical Skills Knowledge of FDCPA standards and state...
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs Nationwide
Highest Education Level
Foreclosure Specialists offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- Mortgage Lending
- Consumer Lending
- Lending
- BSA
- Federal Housing Administration
- Federal National Morgage Association
- Fannie Mae
- FHLMC
- Automated Clearing House
- Loan Processing
- Freddie Mac
- Mortgage Processing
- Mortgage Servicing
- Loan Servicing
- Valuation
- Underwriting
- Financial Statements
- Taxes
- Appraisal
- Portfolio Management
- General Ledger
- File Management
- Resolution
- Loss Prevention
- Real Estate
- Collections
- Inbound/Outbound Calling
- Salesforce
- High School Diploma
- Written Communication
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Typing
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Bilingual
- Microsoft Word
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Foreclosure Specialist Related Career Advice Articles

How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »