Foreclosure Specialist Jobs in Kentucky
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.
Dividend - Loan Resolution Specialist (Collections)
- Newport, KY
- 19 hours ago
- Newport, KY
- 19 hours 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...
Consumer Loan Resolution Specialist - Credit Resolution
- Elizabethtown, KY
- 18 days ago
- Elizabethtown, KY
- 18 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...
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 Kentucky
Moving to Kentucky? Find some basic demographic data about Kentucky below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Kentucky
Highest Education Level
Foreclosure Specialists in Kentucky 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
- Federal National Morgage Association
- FHLMC
- BSA
- Automated Clearing House
- Freddie Mac
- Loan Processing
- Mortgage Processing
- Loan Servicing
- Mortgage Servicing
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Payment Processing
- Taxes
- File Management
- Complaint Resolution
- Resolution
- Loss Prevention
- Real Estate
- Customer Satisfaction
- Collections
- Inbound/Outbound Calling
- Administrative Skills
- Salesforce
- Auditing
- High School Diploma
- Written Communication
- Microsoft Outlook
- Typing
- Verbal Communication
- Telephone Skills
- Documentation
- Reporting
- Policy Development
- Filing
- Regulations
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Bilingual
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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