HUD Assignment Specialist I

Posted 6 Days Ago
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Houston, TX, USA
In-Office
50K-55K Annually
Entry level
Financial Services
The Role
The Assignment Specialist I facilitates the assignment process between Longbridge and its subservicer, ensuring compliance with legal and regulatory obligations for loans eligible for HUD assignment. Responsibilities include document collection, reporting, and communication with teams.
Summary Generated by Built In
Company Description

 

At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity.

As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined.

And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way.

But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins.

Why Longbridge?

At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:

  • Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.
  • A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
  • Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.

If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!

 

 

 

Job Description

General Responsibilities:

The Assignment Specialist I is responsible for the day-to-day work between Longbridge Financial and its subservicer and vendors ensuring the subservicer is operating in a manner that is consistent with LBFs legal and regulatory obligations, contractual requirements, and performance expectations for loans that are soon to be eligible or are eligible for Assignment to HUD.  This position is located in LBF’s Houston, TX office M-F.

Primary Job Duties:

• Assist with reporting for loans near 92-96% MCA to ensure all documentation is obtained for assignment packages.

• Work with document custodian and internal teams to obtain documents needed for assignment.

• Understanding requirements and curative work for loans that have collateral and doc issues.

• Proactively work impediments that will prevent assignment.

• Work with the subservicer to ensure all documents are in their possession and ready for assignment.

• Documents all assignment activities, actions taken, delays, follow ups and phone conversations.

 

 

Qualifications

 • Previous experience handling / working on FHA HECM Assignment process   

• Strong understanding of Microsoft Excel and Microsoft Teams

Additional Information

  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is a Non - exempt role
  • Target base salary range is 50- 55K which is based on various factors including skills and work experience.
  • In addition to base salary, this role is eligible for a competitive additional compensation program via monthly bonus that is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

 

Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.

 

Top Skills

Excel
Microsoft Teams
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The Company
Mahwah, NJ
362 Employees
Year Founded: 2012

What We Do

REVERSE MORTGAGE A Reverse Mortgage can unlock the equity in your home for a more secure retirement. Longbridge Financial. LLC helps qualifying homeowners take some of the financial stress out of retirement by gaining immediate access to the home equity they have built up over the years. We do this through a Reverse Mortgage – more accurately now called a Home Equity Conversion Mortgage (HECM). The result is a retirement with more income, and no mortgage payments. Let us help you get more out of your home and retirement. Watch our short video at: www.longbridge-financial.com/what-is-a-reverse-mortgage-2 Visit us online at www.longbridge-financial.com. Or call 1-855-523-4326. NMLS# 957935 NMLS consumer access - http://nmlsconsumeraccess.org Longbridge Financial is a proud Equal Housing Opportunity Lender. Privacy Policy: https://longbridge-financial.com/privacy-policy/ Longbridge is a Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site. Any information submitted through this page, including complaints or personal information, is subject to the privacy and security policies of the operator of this social media website, which policies are not under Longbridge Financial, LLC’s control. In sending any content through this page, you assume all risks and responsibilities related to the security, privacy, and confidentiality thereof. This page may contain links to other third-party websites. When you click on these links you will leave this page and will be redirected to another site. These links are provided as a convenience and do not imply endorsement or approval by Longbridge Financial, LLC of any of these sites. Longbridge Financial, LLC does not control these sites and is not responsible for the content provided therein.

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