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.
Work to assist in the timely discharge of mortgages on paid in full/satisfied loans for portfolio loans. Assist in pulling zeroed loans through a monthly Report that include all the investors....
Minimum of 2-4 years of experience in a loan-servicing environment with exposure to Mortgage Default. Communicate effectively to customers, vendors and coworkers. Advanced computer & math skills....
As a Mortgage Servicing Representative youll be a single point of access through which clients are able to conduct the majority of their routine mortgage inquiries....
Remote WorkAs a Mortgage Servicing Representative youll be a single point of access through which clients are able to conduct the majority of their routine mortgage inquiries....
Remote WorkWork 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...
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to...
What The Role Is: Foreclosure prevention for mortgagor's and to mitigate the loss to insured investors. This position is an on-site position. How You will Make an Impact: Solicit delinquent and...
Qualifications: High School Diploma or equivalent required; Bachelor's Degree in a related field (e.g., Finance, Business Administration) preferred. 2 years experience in mortgage servicing, loss mitigation...
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to...
Identifies and mediates any potential loan origination/documentation issues that could expose the bank or investors/insurers to financial losses....
Remote WorkWork 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...
lender in Colorado....
Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes...
Ensures mortgages are appropriately supported and complete to facilitate workflow for the mortgage servicing function of the Bank....
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to...
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
- Loan Origination
- Lending
- Federal Housing Administration
- BSA
- Loan Processing
- Federal National Morgage Association
- FHLMC
- Freddie Mac
- Fannie Mae
- Mortgage Servicing
- Mortgage Processing
- Financial Services
- Loan Servicing
- Valuation
- Underwriting
- Reconciliations
- Taxes
- Appraisal
- Payment Processing
- Client Services
- File Management
- Resolution
- Loss Prevention
- Real Estate
- Customer Satisfaction
- Collections
- Inbound/Outbound Calling
- Finance
- Administrative Skills
- Strategy Development
- Salesforce
- Quality Control
- Auditing
- High School Diploma
- Microsoft Outlook
- Negotiation
- Documentation
- Verbal Communication
- Telephone Skills
- Mentoring
- Data Entry
- Reporting
- Filing
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Bilingual
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- 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 »