Foreclosure Specialist Remote & Hybrid Only 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.
RIHousing – Default Servicing Specialist Salary - $50,581.00 - $60,697.00 What it’s all about: This position is responsible for daily administrative support for the Loan Servicing, loss mitigation,...
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Remote WorkWere building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Remote WorkIdentifies and mediates any potential loan origination/documentation issues that could expose the bank or investors/insurers to financial losses....
Remote WorkSr. Associate Loss Mitigation Specialist - #Hybrid
- Chicago, IL
- 60+ days ago
- Chicago, IL
- 60+ days ago
In this role, you will be responsible for approving vehicles for repossession and the collection of charged off debt. Provide support for inbound and outbound call operations and responding to...
Remote WorkLead Associate Loss Mitigation Specialist (Perm - Hybrid at our Chicago HQ near O'Hare Airport)
- Chicago, IL
- 90+ days ago
- Chicago, IL
- 90+ days ago
In this role, you will manage a portfolio of late-stage consumer and real estate accounts to minimize loss and maximize recovery to the credit union. Work directly with members to resolve...
Remote WorkBenefits: 401(k) 401(k) matching Bonus based on performance Company car Competitive salary Dental insurance Donation matching Flexible schedule Health insurance Opportunity for advancement Paid...
Remote WorkForeclosure 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
- Lending
- Federal Housing Administration
- BSA
- Loan Processing
- Federal National Morgage Association
- Freddie Mac
- Fannie Mae
- FHLMC
- Mortgage Servicing
- Mortgage Processing
- Loan Servicing
- USDA
- Valuation
- Underwriting
- Financial Statements
- Portfolio Management
- Taxes
- Appraisal
- Payment Processing
- Client Services
- Resolution
- Loss Prevention
- Real Estate
- Accounts Receivable
- Customer Satisfaction
- Finance
- Collections
- Inbound/Outbound Calling
- Administrative Skills
- Quality Control
- Auditing
- High School Diploma
- Microsoft Outlook
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Reporting
- Policy Development
- Filing
- Regulations
- Multitasking
- Problem Solving
- Bilingual
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Scheduling
- Communication Skills
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