Loan Servicing REO Repair Specialist

Hattiesburg, MS - USA

Monthly Salary: Not Disclosed

Posted on: 16 hours ago

Vacancies: 1 Vacancy

Job Summary

Thank you for your interest in a career at Regions. At Regions we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results dedicated to quality strength and integrity and possess the drive to succeed then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates consultants and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes sold or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions Retention Schedule for a minimum of three years. You may review modify or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions the Loan Servicing REO Repair Specialist determines the extent of required repairs to real estate owned (REO) and the subsequent coordination of renovations with contractors.

Primary Responsibilities

Oversees the quality and timeliness of repairs to ensure compliance with Regions policies and goals
Files eviction proceedings and routinely performs follow-ups on the eviction process to ensure timely evictions with minimal delays and cost
Selects monitors and evaluates contractors for renovating assigned properties
Writes comprehensive repair assessments
Audits contractors repair estimates for comprehensiveness of renovations to be performed and competitiveness of prices
Prepares repair analysis worksheet and submits to REO committee with recommendation
Reviews and approves closing settlement statements and other select closing documents
Performs quality control inspections on assigned properties and ensures that any deficiencies discovered are corrected quickly and appropriately
Works to resolve title issues
Ensures compliance with risk management programs rules and regulations and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

This position is incentive eligible.

Requirements

High School Diploma or GED
Applicants will be expected to pass any assessment associated with the position

Preferences

Bachelors degree
Two (2) years of real estate construction or mortgage lending experience
General knowledge of construction techniques practices and customs
General understanding of contract law real estate law real estate transactions mortgage lending practices and types of property ownership

Skills and Competencies

Ability to interpret and ensure compliance with applicable rules regulations and industry guidance
Ability to work in a fast-paced environment
Good analytical organizational and communication skills
Proficient in Microsoft Excel and Word

This position may be filled at a higher level depending on the candidates qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$33975.00 USD

Median:

$40446.00 USD

Incentive Pay Plans:

This role is eligible to participate in a commission incentive plan. Employees have the potential to earn commission based on performance against defined metrics and goals.

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time
401K with Company Match
Medical Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

DetailsHattiesburg Mortgage Ops

Location:

Hattiesburg Mississippi

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Required Experience: