Foreclosure Specialist Jobs in Newport, KY
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.
Mortgage Foreclosure Analyst II
- Cincinnati, OH (6 miles from Newport, KY)
- 1 day ago
- Cincinnati, OH (6 miles from Newport, KY)
- 1 day ago
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....
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...
Demographic Data for Newport, KY
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Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Newport, KY
Highest Education Level
Foreclosure Specialists in Newport, KY 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
- Commercial Banking
- BSA
- Federal National Morgage Association
- Loan Processing
- Mortgage Servicing
- Mortgage Processing
- Financial Services
- Loan Servicing
- Valuation
- Underwriting
- Taxes
- Appraisal
- Payment Processing
- Client Services
- File Management
- Resolution
- Complaint Resolution
- Loss Prevention
- Real Estate
- Customer Satisfaction
- Collections
- Inbound/Outbound Calling
- Finance
- Administrative Skills
- Strategy Development
- Salesforce
- Quality Control
- Auditing
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Telephone Skills
- Mentoring
- Reporting
- Data Entry
- Filing
- Policy Development
- Regulations
- Multitasking
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Bilingual
- Research Skills
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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