Foreclosure Specialist Jobs in Columbia, 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.
Contested Litigation Foreclosure Analyst
- Owings Mills, MD (16 miles from Columbia, MD)
- 10 days ago
- Owings Mills, MD (16 miles from Columbia, MD)
- 10 days ago
Come join our amazing team and work remote from home!** The Contested- Litigation Foreclosure Analyst is responsible for the end-to-end servicing and processing for the overall servicing of an...
- Rockville, MD (16 miles from Columbia, MD)
- 90+ days ago
- Rockville, MD (16 miles from Columbia, MD)
- 90+ days ago
Job Type Full-time Description Lafayette Federal Credit Union has earned the 2024 Top Workplaces award from USA Today! Welcome to Lafayette Federal Credit Union Careers! Our organization is...
Demographic Data for Columbia, MD
Moving to Columbia, MD? Find some basic demographic data about Columbia, MD below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Columbia, MD
Highest Education Level
Foreclosure Specialists in Columbia, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- Federal National Morgage Association
- Mortgage Lending
- Lending
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Mortgage Processing
- Mortgage Servicing
- USDA
- Loan Servicing
- Financial Services
- Valuation
- Financial Statements
- Appraisal
- Taxes
- File Management
- Loss Prevention
- Resolution
- Notary Public
- Real Estate
- Vendor Management
- Referrals
- Inbound/Outbound Calling
- Collections
- High School Diploma
- Retail
- Microsoft Outlook
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Bachelor's Degree
- Reporting
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- 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 »