Sr. Default Loan Servicing Specialist - Litigation (Remote)
at First American Financial
Posted: 12-20-2024
Remote
Finance
$72,570/year
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About this Career
Loan Officers
Skills
Customer Service, Research, Jury Trial, Prioritization, Mortgage Loans, Exception Reporting, Loans, Instructing, Microsoft Word, Ability To Meet Deadlines, Settlement, Mediation, Lawsuits, Positivity, Loan Documentation, Writing, Detail Oriented, Microsoft Outlook, Workflow Management, Loan Servicing, Legal Depositions, Microsoft Excel, Vendor Performance Monitoring, Auditing
Job Description
First American Title Insurance Company Sr. Default Loan Servicing Specialist - Litigation (Remote) in Grove City
, Ohio Who We AreServiceMac is a new sub-servicing entity backed by some of the leading practitioners of the mortgage servicing industry. ServiceMac is focused on providing superior technology, products, and services for the mortgage and real estate industries backed by highly personalized service and support. Through continuous innovation and acquisition, our offerings comprise of personalized solutions that span the mortgage continuum and enhance security, compliance, customer satisfaction, and profitability. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for nine consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all.
What We DoService mortgage accounts to ensure all property preservation and default activities follow all state and federal laws. Perform a variety of default loan servicing tasks within timelines and workflow processes on files. Processes are managed in accordance with established work rules, goals & objectives to improve timeline and attorney performance.
What You'll Do
Service mortgage accounts to ensure a variety of default and litigated activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency and company guidelines
Order, review and maintain loan documents to include signing of documents needed to proceed within the default processes
Act as representative to the company in witness capacity for mediations, settlement, non-jury trials, jury trials and depositions.
Conduct a complete review of files to ensure all default timeframes have been met
Manage default proceedings on assigned cases by interacting and instructing various parties such as mortgagors, attorneys, investors, insurers, trustees, appraisers and any other party involved with default
Monitor vendor performance by reviewing all proceedings, records and timeframes in addition to working all system/database activities throughout the default process
Audit accounts for expense compliance and ensures proper application to system of record
Performs required research on any loan with questionable items such as the application of payments, proper notification, and any other situation that may arise
Diligently follow up on all outstanding requests and telephone calls from internal and external partners
Manage exception reporting used as key controls for minimizing risk
Follow departmental and business policies with strict adherence
Tasks are generally more complex in nature and usually involve evaluation and judgment
Decisions often require the review of multiple factors but are made within scope of company/department policies
No formal supervisory responsibility but is resource to less experienced team members
Prioritize allocated work to ensure timely and accurate resolution to both external and internal partners
Recommends enhancements to department processes and procedures
What You'll Bring
7+ years of directly related experience
High School diploma or equivalent
Some college preferred
Strong knowledge of fundamental concepts, practices and procedures of particular function/department/field
Excellent verbal and written communication skills
Extreme attention to detail and ability to adhere to strict guidelines and procedures
Able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary internal and external customer service
GSE and Government experience
MSP and LoanSphere experience
Knowledge of advanced computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook experience
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Other Job Posting Details
Salary
Minimum
Maximum
$37,630/yr
$135,630/yr