Foreclosure Specialist Jobs in Chevy Chase, MD
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.
- Rockville, MD (7 miles from Chevy Chase, MD)
- 5 days ago
- Rockville, MD (7 miles from Chevy Chase, MD)
- 5 days ago
Job Type Full-time Description Lafayette Federal Credit Union has earned the 2025 Top Workplaces award from USA Today! Welcome to Lafayette Federal Credit Union Careers! Our organization is...
Demographic Data for Chevy Chase, MD
Moving to Chevy Chase, MD? Find some basic demographic data about Chevy Chase, MD below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Chevy Chase, MD
Highest Education Level
Foreclosure Specialists in Chevy Chase, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- Business Correspondence
- Claims
- Reimbursement
- Mortgage Lending
- Lending
- Federal National Morgage Association
- Federal Housing Administration
- Fannie Mae
- Freddie Mac
- Mortgage Processing
- USDA
- Loan Servicing
- Mortgage Servicing
- Service Standards
- Financial Statements
- Taxes
- Appraisal
- General Ledger
- File Management
- Loss Prevention
- Resolution
- Real Estate
- Inbound/Outbound Calling
- Collections
- General Office Duties
- Analytical Skills
- Microsoft Windows
- High School Diploma
- Negotiation
- Verbal Communication
- Microsoft Outlook
- Telephone Skills
- Documentation
- Interpersonal Skills
- Filing
- Microsoft PowerPoint
- Regulations
- Reporting
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Microsoft Word
- Research Skills
- Teamwork
- Organization
- Customer Service
- Computer Skills
- Communication Skills
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