Foreclosure Bid Specialist

Company: Freedom Mortgage
Location: Jacksonville
Posted on: January 14, 2021

Job Description:

Foreclosure Specialist is responsible for working directly with governmental, special servicing, private label, and high profile investors while making decisions and providing resolutions regarding foreclosure issues in order to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and prepare a variety of complex reports to ensure compliance with all agency, investor and insurer guidelines. Support internal staff with questions regarding foreclosure loans within their delegated authority. Responsible for ensuring the Foreclosure Process is completed accurately in adherence to mandatory state and investor timelines by acting as a liaison between Freedom Mortgage and outside counsel.* Prepare and approve bidding instructions for all sales incompliance with investor, insurer guidelines.* Managing past due and approaching standard FCL cases including FNMA, GNMA (FHA,VA,USDA & Private Investors* Follow up on all FCL actions daily/monthly to ensure investor guidelines and monthly status requirements are within compliance.* Ensure accounts are properly documented with actions taken, correspondence, and explanation of controllable vs non controllable delays.* Knowledgeable in agency, investor or insurer timelines and documents requirements for judicial and non-judicial foreclosures.* Moving aged accounts to foreclosure sale, addressing low value properties timely, high balance reviews, lost liens to tax sale, prepare equity analysis with detail and accuracy, meeting timelines on each foreclosure file while closely monitoring attorneys and the overall quality performed on all daily job tasks.* Ensure cases have a clear & marketable title throughout the FCL process.* Examine FCL related expenses as they pertain to investor guidelines including contested/litigation* Ensure the accurate & timely referral to Bankruptcy & Post sale areas.* Endorse, certify and report all FCL sale results within 24hrs of sale.* Coordinate with Property Preservation department to secure & maintain vacant properties.* Working knowledge of mortgage banking, familiarity with RESPA, FDCPA &federal and state laws related to legal.* Update databases to ensure information is accurate, complete, and accessible. Maintain records and files. Perform periodic analyses and review of data. Investigate questionable items.* Develop a strong working relationship with network of Servicer Appointed and Designated Counsels.* Provide mentoring to new staff members, assist in special projects as assigned.Education and/or Experience:High school diploma or GED requiredBachelor's Degree from a Four (4) year College or University preferred#CB#LI-KB1 Founded in Mount Laurel, NJ in 1990, Freedom Mortgage has since grown into one of the largest and fastest-growing privately owned full-service residential lenders in the USA. Licensed in all 50 states, Washington D.C., Puerto Rico and the Virgin Islands, Freedom Mortgage has over 5000 employees nationwide, proudly servicing $225.6 billion, and is still growing.Our mission is to foster homeownership in America. Freedom is a leader in VA mortgage lending and is one of the mortgage industry's largest philanthropic supporters of the USO and military families through its Team Freedom Cares philanthropic arm. Locations include suburban Philadelphia and Fishers, IN, two regions where we were named Top Workplaces. We also have large operating centers countrywide, including these desirable markets: Beaverton , OR; Boca Raton, FL; Columbia, MD; Jacksonville, FL; Melville, NY; Plano, TX; San Dimas, CA; Tempe, AZ; Troy, MI and Woodbridge, VA.If you seek a sense of community, top training, opportunity for advancement, a comprehensive benefits package and reward and recognition program, look no further.Freedom Mortgage Corporation is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Local applicants encouraged to apply. Employment contingent upon successful completion of background investigation. Smoke-free workplace. Drug-free work environment. Excellent benefits package including medical, dental, vision and 401(k). All resumes are held in confidence. Only candidates whose profiles closely match requirements will be contacted during this search. LENDER NMLS ID:2767 Equal Opportunity Employer- Minorities/Females/Disabled/Veterans

Keywords: Freedom Mortgage, Jacksonville , Foreclosure Bid Specialist, Other , Jacksonville, Florida