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Foreclosure Specialist II

Dollar Bank, FSB
United States, Ohio, Canton
300 Tuscarawas Street West (Show on map)
Jun 26, 2025
The Foreclosure Specialist II is responsible for monitoring and tracking all assigned foreclosures and evictions throughout the litigation process. In addition, this position must be able to detect any delays and make sound judgments on behalf of investor and insurer guidelines to reduce any losses.

Qualifications

High School diploma or GED required; college degree preferred in a business-related field

Mortgage, collection, foreclosure, and/ or legal experience required.

Proven work experience as a Foreclosure Specialist or similar role in the mortgage industry.

Knowledge of FHLMC, FNMA, GNMA, FHA, VA, CFPB, and Home Affordable Programs preferred

Knowledge of loan documents preferred

Knowledge of Fiserv/LoanServ system preferred

Must have excellent mathematical and analytical skills

Must be able to manage time efficiently, prioritize tasks, and coordinate multiple and changing priorities in a demanding environment

Must have excellent telephone, written, and verbal communication skills

Must have strong propensity for detail, accuracy, and confidentiality

Must be professional and courteous with internal and external customers

Working knowledge of Windows and Microsoft Office applications

Principal Activities/Objectives

Compile and review all collected data obtained and detect any non-compliance within the collection and original loan files prior to referring the foreclosure package to the attorney.

Instruct the foreclosure attorneys on which course of action must be taken with regard to all proceedings and delays within compliance of the investors' and various agencies' guidelines.

Prepare payoff and reinstatement quotes for mortgagors and attorneys.

Review file prior to the Foreclosure Sale for pre-certification and submit accurate bidding instructions.

Respond to all correspondence from the various agencies, attorneys, investors, title companies and borrowers.

Insure all litigation is complete and all proper documentation has been received from the foreclosure attorney

Maintain compliance with all federal, state, agency, and internal collection, loss mitigation, foreclosure, and bankruptcy policies and procedures.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing, and monitoring the risk they encounter daily as required by Dollar Bank's risk management program. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
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