Default Loan Servicing Specialist - Bankruptcy (Remote)
at First American Financial
Posted: 12-21-2024
Remote
Finance
$57,460/year
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About this Career
Loan Officers
Skills
Research, Loans, Mortgage Loans, Exception Reporting, Instructing, Microsoft Word, Underwriting, Writing, Detail Oriented, Microsoft Outlook, Bankruptcies, Workflow Management, Loan Servicing, Microsoft Excel, Auditing
Job Description
First American Title Insurance Company Default Loan Servicing Specialist - Bankruptcy (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 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 all Default activities are processed in compliance with all state and federal laws while maintaining compliance with Investor, Insurer, Agency, and company guidelines
Conduct a complete review of files to ensure all default timeframes have been met to include underwriting, if applicable
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 activities by reviewing all proceedings, records, and timeframes in addition to working all system/database activities throughout the default process
Diligently follow up on all outstanding requests and telephone calls from internal and external partners
Audit accounts for expense compliance and ensure proper application to system of record
Perform required research on loans 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 may be more complex in nature and may involve evaluation and judgment
No formal supervisory responsibility but is resource to less experienced team members
Works under general supervision applying well established techniques, procedures or specific standards
Prioritize allocated work to ensure timely and accurate resolution to both external and internal partners
What You'll Bring
High School diploma or equivalent
3+ years of directly related experience
Working knowledge of fundamental concepts, practices and procedures of department/field
Good verbal and written communication skills
Extreme attention to detail and ability to adhere to strict guidelines and procedures
GSE and Government experience preferred
MSP and LoanSphere experience preferred
Working knowledge of computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook experience preferred
Salary Range:
$20.72 - $34.53 hourly This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location. What We OfferBy choice, we don't simply accept individuality - we embrace it, we support it, and we thrive on it! Our People FirOther Job Posting Details
Salary
Minimum
Maximum
$43,098/yr
$71,822/yr