Foreclosure Specialist Jobs in Ohio
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.
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Carrington Contested Litigation Foreclosure Analyst in Columbus , Ohio Come join our amazing team and work remote from home! The Contested- Litigation Foreclosure Analyst is responsible for the...
Demographic Data for Ohio
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Foreclosure Specialist Online Courses and Training Opportunities
Salary for Foreclosure Specialist Jobs in Ohio
Highest Education Level
Foreclosure Specialists in Ohio 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
- Federal National Morgage Association
- Mortgage Lending
- Lending
- Loan Documentation
- FHLMC
- Fannie Mae
- BSA
- Federal Housing Administration
- Mortgage Processing
- Loan Servicing
- USDA
- Mortgage Servicing
- Valuation
- Financial Statements
- Appraisal
- Taxes
- Resolution
- Loss Prevention
- Notary Public
- Real Estate
- Vendor Management
- Referrals
- Collections
- Retail
- High School Diploma
- Negotiation
- Microsoft Outlook
- Verbal Communication
- Written Communication
- Documentation
- Reporting
- Filing
- Sales
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Teamwork
- Organization
- Customer Service
- Research Skills
- Scheduling
- Leadership
- Communication Skills
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