Foreclosure Specialist

Summary

Join Valon's Default Servicing team as a Default Analyst-Foreclosure and play a crucial role in managing residential mortgage loans in foreclosure. You will monitor cases, ensure timely completion of steps, communicate with attorneys and trustees, and utilize various software tools. This role requires a keen understanding of foreclosure processes, GSE and government regulations, and strong communication skills. Valon offers a competitive salary, comprehensive benefits including health, dental, vision, and generous paid time off, along with opportunities for professional development and team outings. The ideal candidate will have 5+ years of end-to-end foreclosure experience in the mortgage/banking space.

Requirements

• 5+ years of end-to-end foreclosure experience in the mortgage/banking space
• Keen understanding of the foreclosure process and the differences between judicial and non-judicial proceedings
• Full understanding of GSE (FNMA/FHLMC) and Government (GNMA) FHA/VA regulations/guidelines
• Strong communication skills, proficiency in the use of computers and software, attention to detail, persistence, and prioritizing
• The ability to multitask and follow mortgage-servicing guidelines accurately is imperative

Responsibilities

• Maintain, review, follow up, and ensure timely and accurate completion of all regularly scheduled steps, including outstanding/late steps, within the foreclosure tracking template on a daily basis
• Obtain approval for and properly manage any outstanding or upcoming events/tasks, including, but not limited to, completing steps within deadlines and ensuring the accuracy of dates entered
• Communicate with assigned attorneys/trustees via vendor tracking software regarding delays and/or pending inquiries
• Utilize all applicable tools available to effectively manage pipeline, system of record, and vendor tracking software
• Ensures all attorney fees/costs and foreclosure costs are within Investor, Fannie Mae, Freddie Mac, FHA, VA, or USDA allowable fees schedules
• Properly maintain the system of record and/or vendor tracking software to ensure proper notification/reporting to investors, clients, borrowers, state, and/or federal/government agencies during foreclosure
• Review future and upcoming sales, no less than five days prior to scheduling of sale, to ensure all requirements are met
• Dispose and complete foreclosure sales and follow up on sale proceeds within respective judicial or non-judicial proceedings
• Process all instructions for posting of funds within SLAs, ensuring timely and accurate instruction if/when funds or proceeds are received
• Assist with special projects and other duties as assigned

Benefits

• Competitive salary and 401k plan
• We invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits, an EAP for additional support
• Company-wide orientation for you to successfully onboard, alongside other learning and development opportunities, including regular review cycles that feature 360 degree feedback
• Quarterly budgets for team and company outings. Use it for team swag, cooking classes or team dinners!
• 17 days paid time off, sick days, and 11 company holidays