Foreclosure Specialist Jobs in Oak Ridge, NC
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.
- Winston Salem, NC (12 miles from Oak Ridge, NC)
- 4 days ago
- Winston Salem, NC (12 miles from Oak Ridge, NC)
- 4 days ago
be familiar with Freddie Mac and Fannie Mae selling, delivery and servicing sites Must have experience with Encompass or other similar loan origination software Must have experience with FICS Mortgage...
Demographic Data for Oak Ridge, NC
Moving to Oak Ridge, NC? Find some basic demographic data about Oak Ridge, NC below.
Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Oak Ridge, NC
Highest Education Level
Foreclosure Specialists in Oak Ridge, NC 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
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 »