Foreclosure Oversight Specialist
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Job Location:
Pontiac, MI - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The Foreclosure Oversight Specialist is responsible for monitoring and managing the foreclosure process on defaulted mortgage loans to ensure all activities are conducted in compliance with investor insurer state and federal requirements. This role serves as the liaison between internal teams foreclosure attorneys third-party vendors and investors to ensure timely and accurate processing of foreclosure milestones.
This role requires 100% onsite attendance in our Pontiac office.
WHAT YOU WILL BE DOING
Oversee and track all stages of the foreclosure process ensuring timely completion of milestones in accordance with regulatory and investor guidelines.
Collaborate with foreclosure attorneys and vendors to gather documentation resolve issues and expedite case progression.
Review and approve foreclosure-related documents and correspondence ensuring legal and procedural accuracy.
Maintain accurate records and notes in servicing systems; document key actions and decisions.
Ensure compliance with federal state and investor guidelines including CFPB Fannie Mae Freddie Mac FHA VA and USDA regulations.
Identify and escalate potential risks delays or procedural issues in the foreclosure pipeline.
Conduct audits and quality control reviews of active foreclosure files.
Generate and analyze reports to monitor timelines volumes and performance metrics.
Communicate effectively with borrowers when applicable regarding foreclosure status or resolution opportunities.
Support internal and external audits by providing requested documentation and responding to inquiries.
Participate in process improvement initiatives and cross-functional projects related to default servicing.
WHAT WE NEED FROM YOU
Must-Have Qualifications:
- High school diploma or equivalent (Bachelors degree preferred).
- 2 years of experience in mortgage servicing with direct exposure to foreclosure processes.
- Strong knowledge of foreclosure laws timelines and investor/insurer guidelines.
- Excellent organizational skills and attention to detail.
- Effective written and verbal communication skills.
- Ability to prioritize and manage a high-volume pipeline.
- Proficient in Microsoft Office Suite and mortgage servicing platforms (e.g. MSP Black Knight or similar).
Nice To Have Qualifications:
Experience working with national foreclosure counsel or law firms.
Familiarity with regulatory requirements such as CFPB servicing rules and loss mitigation guidelines.
Understanding of other areas of default servicing (bankruptcy loss mitigation REO) is a plus.
THE PLACE & THE PERKS
Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans Its all happening on UWMs campus where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
Its no wonder that out of our six pillars People Are Our Greatest Asset is number one. Its at the very heart of how we treat each other our clients and our community. Whether its providing elite client service or continuously striving to improve our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career youll feel the encouragement and support on day one. No matter your race creed gender age sexual orientation and ethnicity youll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons youll love working here include:
- Paid Time Off (PTO) after just 30 days
- Additional parental and maternity leave benefits after 12 months
- Adoption reimbursement program
- Paid volunteer hours
- Paid training and career development
- Medical dental vision and life insurance
- 401k with employer match
- Mortgage discount and area business discounts
- Free membership to our large state-of-the-art fitness center including exercise classes such as yoga and Zumba various sports leagues and a full-size basketball court
- Wellness area including an in-house primary-care physicians office full-time massage therapist and hair salon
- Gourmet cafeteria featuring homemade breakfast and lunch
- Convenience store featuring healthy grab-and-go snacks
- In-house Starbucks and Dunkin
- Indoor/outdoor café with Wi-Fi
DISCLAIMER
Required Experience:
IC
Key Skills
- Sales Experience
- Crane
- Customer Service
- Communication skills
- Heavy Equipment Operation
- Microsoft Word
- Case Management
- OSHA
- Team Management
- Catheterization
- Microsoft Outlook Calendar
- EHS
About Company
United Wholesale Mortgage partners with independent mortgage brokers to help them provide unparalleled client experience, best-in-class turn times, and competitive rates
