Foreclosure Specialist Jobs in Tupelo, MS
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.
What The Role Is Send foreclosure referrals to the attorneys' office and monitor the foreclosure process until complete including ordering appraisals, property inspections and property...
Demographic Data for Tupelo, MS
Moving to Tupelo, MS? Find some basic demographic data about Tupelo, MS below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Tupelo, MS
Highest Education Level
Foreclosure Specialists in Tupelo, MS offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Foreclosure Specialist position
- Business Correspondence
- Mortgage Lending
- Lending
- Federal Housing Administration
- Fannie Mae
- Freddie Mac
- Mortgage Processing
- Mortgage Servicing
- USDA
- Loan Servicing
- Valuation
- Financial Statements
- Appraisal
- Taxes
- General Ledger
- File Management
- Loss Prevention
- Resolution
- Notary Public
- Real Estate
- Vendor Management
- Referrals
- Collections
- High School Diploma
- Retail
- Microsoft Outlook
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Interpersonal Skills
- Bachelor's Degree
- Reporting
- Filing
- Regulations
- Policy Development
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Research Skills
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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