Post Liquidation Specialist
Post Liquidation Specialist
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Job Description
Description
Position Summary:
Responsible for conducting day to day operations in assigned area(s) of focus in the loan servicing cycle related to Post Liquidation activities centered around Eviction RealEstate (REO) Conveyance and Claims administration. Works with vendors to complete Post Liquidation process while ensuring compliance with regulatory entities statutory requirements investor and insurance guidelines and vendor adherence to contractual terms.
Responsibilities:
- Conducts Post Liquidation operations to include but not limited to Evictions REO Conveyance and/or Claims.
- Monitors and resolves Post Liquidation matters with vendors to complete Post Liquidation timely.
- Administers Post Liquidation notification process.
- Researches and responds to investor and regulatory audit requests.
- Conducts oversight of Outsource Asset Management vendors by using effective measurement of metrics.
- Maintains communication with all business units most notably: Loss Mitigation Default Services General Counsel attorneys and vendors.
- Monitors changes in statutory regulatory investor and insurer guidelines and requirements.
- Provides timely recognition and review of items that must be escalated to legal and proper departments; researches and resolves global and loan level issues.
- Monitors monthly weekly and daily exception reports to ensure accuracy of production.
- Strives to achieve the highest net recovery possible by minimizing the expense of management insuring effective timeline management.
- Responds to vendor intercoms.
Requirements:
- Five 5 years experience in the Mortgage Servicing industry required.
- Three 3 years experience in administration and servicing loans in Post Liquidation required.
- One 1 year experience and shown proficiency in Black Knight Financial Services (MSP/BKFS) and LoanSphere servicing systems preferred.
- Experience working within Federal and State regulations related to Mortgage Servicing.
- Expert knowledge of investor guidelines audit and oversight protocols servicing practices cash processing including but not limited to payments and corporate advances.
- Proficient knowledge of 1st lien/2nd lien Post Liquidation processes to provide vendors with proper instructions to minimize loss.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive diverse and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate purposeful and customercentric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digitalfirst approach that makes it easier faster and less stressful to purchase or refinance a home. Today as the nations second largest nonbank retail mortgage lender loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.
Required Experience:
Unclear Seniority
Employment Type
Full Time
