Foreclosure Spec

Posted 3 Days Ago
Be an Early Applicant
Salt Lake City, UT, USA
In-Office
Entry level
Financial Services
The Role
Provides clerical and analytical support throughout the foreclosure process. Reviews files for problematic issues and legal exposure, coordinates with attorneys and Corporate Legal, assesses mitigation versus litigation strategies, gathers required documentation, and tracks monthly follow-ups for active resolutions. The role also requires resolving a defined portion of the active portfolio while adhering to company policies and prioritizing multiple cases.
Summary Generated by Built In
Job Summary & Responsibilities

Summary:

Provide clerical and analytical support to help solve problematic issues in the foreclosure process. Provide assessments for mitigation vs. litigation resolutions. Communicate with the legal department to comprise strategies and review ongoing files. Ensure monthly follow-ups are completed for all active resolutions.

Duties:

  1. Review, research and resolve problematic issues raised during the foreclosure process.
  2. Review incoming and ongoing files for legal exposure and forward to Corporate Legal when necessary.
  3. Communicate with attorneys on daily basis to discuss needed documents and possible mitigation or litigation strategies.
  4. Adhere to company and departmental policies and procedures as well as direction from supervisor.
  5. Analyze pending issues and assessing mitigation vs. litigation resolutions. 6. Ensure monthly follow-ups are completed on all active problem resolution files.
  6. All other duties as assigned by management. 8. Resolution of 15% of active portfolio on a monthly basis.

Specs:

  1. Strong organizational and problem solving skills.
  2. Excellent verbal and written communication skills.
  3. Working knowledge of Microsoft Windows, Word and Excel.
  4. Ability to multi-task and prioritize.
  5. Mortgage experience (preferably sub-prime, real estate, chains of title and foreclosure process.)
  6. Strong analytical and negotiation skills.
  7. Loss mitigation experience desired.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

Skills Required

  • Strong organizational and problem-solving skills
  • Excellent verbal and written communication skills
  • Working knowledge of Microsoft Windows, Word, and Excel
  • Ability to multitask and prioritize
  • Mortgage experience, preferably involving sub-prime lending, real estate, chains of title, and foreclosure processes
  • Strong analytical and negotiation skills
  • Loss mitigation experience
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The Company
HQ: West Valley City, UT
634 Employees
Year Founded: 1989

What We Do

Select Portfolio Servicing, Inc. (SPS) is a nationally recognized mortgage servicer specializing in the servicing of single-family residential mortgages. Founded in 1989, SPS is headquartered in Salt Lake City, Utah, with an office in Jacksonville, Florida. As a servicer, SPS manages the day-to-day administration of mortgage accounts. The Company’s overall objective is to provide excellent service to customers, preserve homeownership and prevent foreclosure.

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