Foreclosure Specialist Jobs in Fort George G Meade, 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 (20 miles from Fort George G Meade, MD)
- 30+ days ago
- Rockville, MD (20 miles from Fort George G Meade, MD)
- 30+ 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 Fort George G Meade, MD
Moving to Fort George G Meade, MD? Find some basic demographic data about Fort George G Meade, MD below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Fort George G Meade, MD
Highest Education Level
Foreclosure Specialists in Fort George G Meade, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- Reimbursement
- Mortgage Lending
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- FHLMC
- Fannie Mae
- Automated Clearing House
- Loan Processing
- Freddie Mac
- Mortgage Processing
- Loan Servicing
- Mortgage Servicing
- Valuation
- Underwriting
- Financial Statements
- Taxes
- Appraisal
- General Ledger
- File Management
- Resolution
- Loss Prevention
- Real Estate
- Problem Resolution
- Collections
- Inbound/Outbound Calling
- General Office Duties
- Quality Control
- High School Diploma
- Auditing
- Written Communication
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Typing
- Documentation
- Filing
- Reporting
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Research Skills
- Teamwork
- Organization
- Customer Service
- Computer Skills
- 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 »