Fay Servicing is a nationally recognized mortgage servicer known for delivering borrower-focused support and investor-driven results. As a subsidiary of Fay Financial and a key part of The Fay Group, Fay Servicing specializes in managing re-performing and non-performing loans, as well other specialty products like Non-QM, jumbo, business purpose loans.
Fay Servicing’s high-touch servicing model emphasizes personalized care, helping homeowners navigate escrow, payments, and hardship solutions with confidence. For clients, we offer a strategic, transparent partnership built on operational excellence, real-time reporting, and regulatory compliance. Fay’s end-to-end servicing capabilities cover early-stage collections, loan modifications, property preservation, and default management. We also offer interim and business purpose servicing, including the infrastructure to oversee renovations and manage rents.
Headquartered in Tampa and operating nationwide, Fay Servicing combines deep industry expertise with cutting-edge technology to reduce risk, improve portfolio performance, and ensure an exceptional experience for both borrowers and investors.
Reporting to the AVP, Special Loans, this position guides and coordinates the work of Special Loans Analysts without direct team management responsibilities. This role is responsible for overseeing the analysis and management of complex and high-risk special loan accounts and facilitates the effective resolution of special loan cases while maintaining compliance with regulatory requirements.
Additionally, the Lead Special Loans Analyst works with the AVP to identify risks and implement strategic solutions in collaboration with cross-functional teams. This role involves providing guidance and mentorship to Special Loans Analysts, contributing to their professional development. The Lead Special Loans Analyst is instrumental in maintaining detailed records, preparing comprehensive reports and ensuring effective communication with internal stakeholders. The role may document processes and help define workflows as assigned.
Qualifications Include:
- Degree in Business or related field (or equivalent combination of years of experience with High School diploma/ GED) required
- 3+ years' experience in Special Loans
- 3+ years' experience in the mortgage servicing industry
- 2+ years' experience with ARM, DSI, Step Rate, SCRA, HELOC and other unconventional loan products
- 2+ years' experience working in a fast-paced work environment
- Strong knowledge of Microsoft Office products (Excel, Word and Power Point)
- MSP experience preferred
- Strong verbal and written communication skills
- Strong listening skills with the ability to facilitate meetings and effectively lead discussions
- Strong interpersonal skills
- Strong analytical skills and problem-solving abilities
- Ability to explain decisions and the reasons why to promote understanding and buy-in with others
- Solid decision-making abilities coupled with sound judgement
- Strong organizational and time management skills
- Ability to effectively prioritize numerous tasks and manage shifting priorities in a fast-paced, dynamic environment
- Client focused with strong execution skills and results orientation
- High-level of attention to detail and consistency; high quality of work product
- Flexible, open to change, ability to learn new things quickly
- Collaborative work style; team orientation with the ability to provide guidance for working groups
- Compliance orientation
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Featured Benefits
- Medical, Dental and Vision Insurance
- Company Paid Life Insurance
- Disability Insurance
- Pet Insurance
- 401k Program with Employer Matching
- 3 Weeks Paid Time Off (PTO)
- Paid Holidays
- Wellness Initiatives
- Employee Assistance Program
- Eligible for Hybrid Work Schedule with Remote Flex Days
Compensation
- The hourly range for this position is between $23.54 - $30.11 per hour
- This position is eligible for an annual discretionary bonus
Fay Cares!
The Fay-Genstone Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work. Our employees make voluntary contributions to the Foundation. Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.
At Fay, we believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included, and is presented with equal opportunities to be successful. Fay is an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify.
Equal Opportunity EmployerThis employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Degree in Business or related field or equivalent experience
- 3+ years' experience in Special Loans
- 3+ years' experience in the mortgage servicing industry
- 2+ years' experience with ARM, DSI, Step Rate, SCRA, HELOC and other unconventional loan products
- Strong knowledge of Microsoft Office products
- MSP experience
- Strong verbal and written communication skills
- Strong analytical skills and problem-solving abilities
- High attention to detail and consistency in work
What We Do
Founded in early 2008 to address challenges created by the growing housing crisis, our company is committed to providing innovative servicing solutions for both performing and non-performing mortgages. Until recently, the existing traditional mortgage servicers were adequately able to handle the mortgages under their care. The functioning premise of their servicing models was a high volume, low delinquency approach. However, in the last two years, due to many factors, residential mortgages have begun experiencing unprecedented levels of delinquency. As a direct result, many servicers quickly found themselves overwhelmed and unable to effectively manage the resulting complications. We conducted an exhaustive analysis of the existing mortgage servicing industry and gained valuable insight into the short-comings of current mortgage servicers. Realizing that even adapting an existing approach was wrought with immense challenges including legacy portfolio issues and unproductive corporate cultures, we decided to build a new model from the ground up, the focus of which would be to benefit both the homeowners and the lenders.
